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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Miami Township was a Seller's Market.

Key Takeaway

Miami Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Miami Township, OH

How much do homes in Miami Township, OH cost?

Median Sold Price

$360,619

$238/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$84,380(-19.0%)

Key Takeaway

Homes in Miami Township have sold for 19% less than they did a month ago.

Summary: The median home sold price in Miami Township was $360,619 in October 2024, down 19% from last month, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $380.7K$293K
-23.1%
3 $445K$340.3K
-23.5%
4 $499K$1.2M
+149.0%
5+ --
N/A

Summary: Miami Township 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 decreased by 23.1%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 149%, and 5+ bedroom homes did not change.

Housing Supply in Miami Township, OH

How many homes are available in Miami Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2526+4.0%

Summary: The Miami Township real estate market had 26 homes for sale in October 2024, a 4.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1215
+25.0%
4 88
0.0%
5+ 32
-33.3%

Summary: The Miami Township 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 decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Miami Township in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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 16 Days Ago

Newest Listings in Miami Township, OH

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