Is Piqua, OH 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, 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
$156,500
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Piqua have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Piqua was $156,500 in May 2024, up 7.9% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46.5K | $38.5K | -17.2% |
| 2 Bedrooms | $120K | $119.2K | -0.6% |
| 3 Bedrooms | $147K | $160K | +8.8% |
| 4 Bedrooms | $185K | $179K | -3.2% |
| 5+ Bedrooms | $126K | $209.5K | +66.3% |
Summary: Piqua housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.2%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 66.3%.
Median Sold Price Compared To Nearby Cities
| Piqua | $145K | $156.5K | +7.9% |
| Springcreek Township | $253.3K | $259.9K | +2.6% |
Housing Supply in Piqua, OH
How many homes are available in Piqua, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 75 | 72 | -4.0% |
Summary: The Piqua real estate market had 72 homes for sale in May 2024, a 4.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 43 | 34 | -20.9% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Piqua 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 decreased by 20.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Piqua, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 30 homes were sold or pending in Piqua in May 2024, up by 25.0% month-over-month. Of the 30 sold homes, 37% were sold under asking, 40% were sold at asking, and 23% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 52 Days | 54 Days | +4.6% |
Summary: Homes in Piqua had an average of 54 days on market in May 2024, up by 4.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Piqua has remained consistent over time.
Summary: During May 2024, 30 homes were sold in Piqua; 13% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved