Is West Milton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Milton has remained a Seller's Market.
Key Takeaway
West Milton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Milton, OH
How much do homes in West Milton, OH cost?
Median Sold Price
$195,500
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Milton have sold for 15% more than they did a year ago.
Summary: The median home sold price in West Milton was $195,500 in April 2024, up 15% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $66K | -2.9% |
| 2 Bedrooms | $176.5K | $159K | -9.9% |
| 3 Bedrooms | $160.7K | $197.5K | +22.9% |
| 4 Bedrooms | $200K | $244.9K | +22.5% |
| 5+ Bedrooms | $135K | $221K | +63.7% |
Summary: West Milton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 63.7%.
Median Sold Price Compared To Nearby Cities
| West Milton | $170K | $195.5K | +15.0% |
| Union Township | $190K | $209K | +10.0% |
| Union | $185.4K | $185K | -0.3% |
Housing Supply in West Milton, OH
How many homes are available in West Milton, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Summary: The West Milton real estate market had 18 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 12 | +71.4% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The West Milton 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 remained the same, 3 bedroom homes increased by 71.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Milton, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in West Milton in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for West Milton, OH
How long does it take to sell a home in West Milton, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 77 Days | 33 Days | -57.1% |
Summary: Homes in West Milton had an average of 33 days on market in Apr 2024, down by 57.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Milton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in West Milton; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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