Is Milford Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Milford Township was a Seller's Market.
Housing Prices in Milford Township, OH
How much do homes in Milford Township, OH cost?
Median Sold Price
$344,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Milford Township was $344,500 in May 2024, up 2.5% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $145K | $257.5K | +77.6% |
3 Bedrooms | $288K | $320K | +11.1% |
4 Bedrooms | $402.7K | $447.4K | +11.1% |
5+ Bedrooms | $718.2K | $434K | -39.6% |
Summary: Milford Township 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 77.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 39.6%.
Median Sold Price Compared To Nearby Cities
Hilliar Township | $290K | $344K | +18.6% |
Milford Township | $336K | $344.5K | +2.5% |
Housing Supply in Milford Township, OH
How many homes are available in Milford Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 27 | +92.9% |
Summary: The Milford Township real estate market had 27 homes for sale in May 2024, a 92.9% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 7 | 15 | +114.3% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Milford Township 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 100%, 3 bedroom homes increased by 114.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Milford Township in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Milford Township, OH
How long does it take to sell a home in Milford Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
174 Days | 39 Days | -77.3% |
Summary: Homes in Milford Township had an average of 39 days on market in May 2024, down by 77.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Milford Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.