Is Piqua, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piqua is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Piqua has remained a Seller's Market.

Key Takeaway

Piqua is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Piqua, OH

How much do homes in Piqua, OH cost?

Median Sold Price

$151,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,100(+5.7%)

Key Takeaway

Homes in Piqua have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Piqua was $151,000 in April 2024, up 5.7% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $45.7K$52K
+13.6%
2 $126.5K$118K
-6.7%
3 $144K$155K
+7.6%
4 $175K$175K
0.0%
5+ $126K$210K
+66.7%

Summary: Piqua housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 66.7%.

Housing Supply in Piqua, OH

How many homes are available in Piqua, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7271-1.4%

Summary: The Piqua real estate market had 71 homes for sale in April 2024, a 1.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 59
+80.0%
3 4741
-12.8%
4 1315
+15.4%
5+ 65
-16.7%

Summary: The Piqua housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2523-8.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piqua, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Piqua in April 2024, down by 8.0% month-over-month. Of the 23 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% were sold over asking.

Days on Market for Piqua, OH

How long does it take to sell a home in Piqua, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
73 Days106 Days+44.5%

Summary: Homes in Piqua had an average of 106 days on market in Apr 2024, up by 44.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Piqua has remained consistent over time.

Summary: During April 2024, 23 homes were sold in Piqua; 22% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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