Is Miami County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miami County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Miami County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Miami County, OH

How much do homes in Miami County, OH cost?

Median Sold Price

$240,149

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,563(+2.4%)

Key Takeaway

Homes in Miami County have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Miami County was $240,149 in November 2024, up 2.4% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $64K$51K
-20.3%
2 $134K$161K
+20.1%
3 $215K$225K
+4.7%
4 $348.4K$355K
+1.9%
5+ $392.4K$412K
+5.0%

Summary: Miami County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.3%, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Counties

Darke County
+9.1%
Clark County
+8.4%
Montgomery County
+6.9%
Miami County
+2.4%
Shelby County
-3.0%

Housing Supply in Miami County, OH

How many homes are available in Miami County, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
369343-7.0%

Summary: The Miami County real estate market had 343 homes for sale in November 2024, a 7.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 5043
-14.0%
3 185176
-4.9%
4 10087
-13.0%
5+ 3335
+6.1%

Summary: The Miami County 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 14%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 6.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10483-20.2%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miami County, you may be able to get a good deal. 48.2% of homes here sold below asking price last month.

Summary: A total of 83 homes were sold or pending in Miami County in November 2024, down by 20.2% month-over-month. Of the 83 sold homes, 48% were sold under asking, 35% were sold at asking, and 17% were sold over asking.

Days on Market for Miami County, OH

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 20 Days Ago

Newest Listings in Miami County, OH

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