Is Milford Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milford Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Milford Township was a Seller's Market.

Key Takeaway

Milford Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Milford Township, IN

How much do homes in Milford Township, IN cost?

Median Sold Price

$130,250

$90/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$82,250(-38.7%)

Key Takeaway

Homes in Milford Township have sold for 38.7% less than they did a month ago.

Summary: The median home sold price in Milford Township was $130,250 in December 2024, down 38.7% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $189.5K$76K
-59.9%
3 $185K$184.5K
-0.3%
4 $240K-
N/A
5+ --
N/A

Summary: Milford Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.9%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wolcottville
+279.0%
Salem Township
+117.7%
Wayne Township
-17.1%
Milford Township
-38.7%

Housing Supply in Milford Township, IN

How many homes are available in Milford Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1713-23.5%

Summary: The Milford Township real estate market had 13 homes for sale in December 2024, a 23.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 44
0.0%
3 76
-14.3%
4 41
-75.0%
5+ 11
0.0%

Summary: The Milford Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Milford Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Milford Township in December 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Milford Township, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 4 Days Ago

Newest Listings in Milford Township, IN

Nearby Markets to Milford Township, IN

What housing markets are near Milford Township, IN?