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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miami Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Miami Township, OH

How much do homes in Miami Township, OH cost?

Median Sold Price

$249,692

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,873(+8.6%)

Key Takeaway

Homes in Miami Township have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Miami Township was $249,692 in November 2024, up 8.6% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75.5K$65.5K
-13.2%
2 $127K$145K
+14.2%
3 $224.9K$245.4K
+9.1%
4 $335K$327.3K
-2.3%
5+ $353.4K$347.5K
-1.7%

Summary: Miami Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 1.7%.

Median Sold Price Compared To Nearby Cities

West Carrollton
+17.0%
Miami Township
+8.6%
Moraine
+8.2%
Miamisburg
+5.4%
Jefferson Township
-0.6%

Housing Supply in Miami Township, OH

How many homes are available in Miami Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
165148-10.3%

Summary: The Miami Township real estate market had 148 homes for sale in November 2024, a 10.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2614
-46.2%
3 8988
-1.1%
4 4643
-6.5%
5+ 22
0.0%

Summary: The Miami Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 46.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5948-18.6%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miami Township, you may be able to get a good deal. 35.4% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Miami Township in November 2024, down by 18.6% month-over-month. Of the 48 sold homes, 35% were sold under asking, 33% were sold at asking, and 31% were sold over asking.

Days on Market for Miami Township, OH

How long does it take to sell a home in Miami Township, OH?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Miami Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 48 homes were sold in Miami Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

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 Miami Township, OH

Nearby Markets to Miami Township, OH

What housing markets are near Miami Township, OH?