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

At the same time last year, Miami Township was a Neutral 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

$397,500

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$48,650(+13.9%)

Key Takeaway

Homes in Miami Township have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Miami Township was $397,500 in November 2024, up 13.9% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $322.2K$349.9K
+8.6%
2 $250K$293K
+17.2%
3 $355K$395K
+11.3%
4 $353.8K$511.1K
+44.5%
5+ $622.5K$400K
-35.7%

Summary: Miami Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 44.5%, and 5+ bedroom homes decreased by 35.7%.

Median Sold Price Compared To Nearby Cities

Green Township
+24.9%
Cedarville Township
+15.6%
Miami Township
+13.9%
Yellow Springs
+12.7%

Housing Supply in Miami Township, OH

How many homes are available in Miami Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2728+3.7%

Summary: The Miami Township real estate market had 28 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1415
+7.1%
4 910
+11.1%
5+ 33
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 remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Miami Township, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Miami Township in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.

Days on Market for Miami Township, 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 17 Days Ago

Newest Listings in Miami Township, OH

Nearby Markets to Miami Township, OH