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 seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Milford Township has remained a Seller's Market.

Key Takeaway

Milford Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Milford Township, IN

How much do homes in Milford Township, IN cost?

Median Sold Price

$212,500

$139/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$57,500(-21.3%)

Key Takeaway

Homes in Milford Township have sold for 21.3% less than they did a month ago.

Summary: The median home sold price in Milford Township was $212,500 in November 2024, down 21.3% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $370K$189.5K
-48.8%
3 $225K$185K
-17.8%
4 $257.4K$240K
-6.8%
5+ --
N/A

Summary: Milford Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.8%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wayne Township
+14.5%
Salem Township
-10.1%
Milford Township
-21.3%
Wolcottville
-29.1%

Housing Supply in Milford Township, IN

How many homes are available in Milford Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

Summary: The Milford Township real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 54
-20.0%
3 77
0.0%
4 65
-16.7%
5+ 11
0.0%

Summary: The Milford Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Milford Township in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% 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 2 Days Ago

Newest Listings in Milford Township, IN

Nearby Markets to Milford Township, IN

What housing markets are near Milford Township, IN?