$7,244 Closing Credit*
$610,000
2,239 SqFt
4 Beds
•2 Full Baths, 1 Partial
Glen G Whitten, Listing Office: Ohio Property Group, LLC
Is Milan Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Milan Township has remained a Seller's Market.
Key Takeaway
Milan Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Milan Township, OH
How much do homes in Milan Township, OH cost?
Median Sold Price
$215,000
$172/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$80,500(-27.2%)
Key Takeaway
Homes in Milan Township have sold for 27.2% less than they did a month ago.
Summary: The median home sold price in Milan Township was $215,000 in December 2024, down 27.2% from last month, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $336K | $215K | -36.0% |
| 4 Bedrooms | $295.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Milan Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 36%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Milan | $295.5K | $306K | +3.6% |
| Milan Township | $295.5K | $215K | -27.2% |
Housing Supply in Milan Township, OH
How many homes are available in Milan Township, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Summary: The Milan Township real estate market had 9 homes for sale in December 2024, a 25.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Milan Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Milan Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Milan Township in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Milan Township, OH
How long does it take to sell a home in Milan Township, OH?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 181 Days | 28 Days | -84.4% |
Summary: Homes in Milan Township had an average of 28 days on market in Dec 2024, down by 84.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Milan Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in Milan Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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