$2,849 Closing Credit*
$239,900
1,056 SqFt
3 Beds
•1 Full Bath
Justin R Vayner, Listing Office: Vayner Realty Co.
Is Lake Milton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lake Milton was a Seller's Market.
Key Takeaway
Lake Milton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Milton, OH
How much do homes in Lake Milton, OH cost?
Median Sold Price
$233,250
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$53,250(+29.6%)
Key Takeaway
Homes in Lake Milton have sold for 29.6% more than they did a year ago.
Summary: The median home sold price in Lake Milton was $233,250 in November 2024, up 29.6% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $211.2K | -28.4% |
| 2 Bedrooms | $172.5K | $215K | +24.6% |
| 3 Bedrooms | $180K | $236.7K | +31.5% |
| 4 Bedrooms | $315K | $252K | -20.0% |
| 5+ Bedrooms | - | $1.0M | N/A |
Summary: Lake Milton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 31.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lake Milton | $180K | $233.2K | +29.6% |
| Milton Township | $212.5K | $233.2K | +9.8% |
Housing Supply in Lake Milton, OH
How many homes are available in Lake Milton, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Lake Milton real estate market had 18 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Milton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Milton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lake Milton in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Milton, OH
How long does it take to sell a home in Lake Milton, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 93 Days | 15 Days | -83.4% |
Summary: Homes in Lake Milton had an average of 15 days on market in Nov 2024, down by 83.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lake Milton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Lake Milton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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