Is Milton, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Milton has remained a Seller's Market.
Key Takeaway
Milton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Milton, PA
How much do homes in Milton, PA cost?
Median Sold Price
$200,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Milton have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Milton was $200,000 in May 2024, up 4.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172K | $200K | +16.3% |
| 3 Bedrooms | $190K | $185.7K | -2.2% |
| 4 Bedrooms | $225K | $247.4K | +10.0% |
| 5+ Bedrooms | $205K | $216.5K | +5.6% |
Summary: Milton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.3%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in Milton, PA
How many homes are available in Milton, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 39 | +5.4% |
Summary: The Milton real estate market had 39 homes for sale in May 2024, a 5.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Milton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 18 | +500.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milton, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Milton in May 2024, up by 500.0% month-over-month. Of the 18 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Milton, PA
We’re sorry, we don't have information for this market at the moment
