Is Millersburg, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millersburg is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Millersburg has remained a Buyer's Market.

Key Takeaway

Millersburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Millersburg, MI

How much do homes in Millersburg, MI cost?

Median Sold Price

$120,000

$96/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$45,000(-27.3%)

Key Takeaway

Homes in Millersburg have sold for 27.3% less than they did a month ago.

Summary: The median home sold price in Millersburg was $120,000 in October 2024, down 27.3% from last month, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $220K-
N/A
3 $110K$120K
+9.1%
4 --
N/A
5+ --
N/A

Summary: Millersburg housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Case Township
+9.1%
Millersburg
-27.3%

Housing Supply in Millersburg, MI

How many homes are available in Millersburg, MI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
15150.0%

Summary: The Millersburg real estate market had 15 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 44
0.0%
3 88
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Millersburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millersburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Millersburg in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Millersburg, MI

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 17 Days Ago

Newest Listings in Millersburg, MI

Nearby Markets to Millersburg, MI

What housing markets are near Millersburg, MI?