Is Millersburg, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Millersburg is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Millersburg was a Seller's Market.

Key Takeaway

Millersburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Millersburg, OH

How much do homes in Millersburg, OH cost?

Median Sold Price

$292,562

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,312(+0.5%)

Key Takeaway

The sold price of homes in Millersburg has remained the same since last year.

Summary: The median home sold price in Millersburg was $292,562 in November 2024, up 0.5% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$375K
N/A
2 $235.5K$243K
+3.2%
3 $312K$264K
-15.4%
4 $287.5K$325K
+13.0%
5+ $330K$467.5K
+41.7%

Summary: Millersburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 41.7%.

Median Sold Price Compared To Nearby Cities

Hardy Township
+13.0%
Millersburg
0.5%

Housing Supply in Millersburg, OH

How many homes are available in Millersburg, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4135-14.6%

Summary: The Millersburg real estate market had 35 homes for sale in November 2024, a 14.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 1713
-23.5%
4 78
+14.3%
5+ 66
0.0%

Summary: The Millersburg 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 27.3%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Millersburg, 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 Millersburg in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Millersburg, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days34 Days+81.9%

Summary: Homes in Millersburg had an average of 34 days on market in Nov 2024, up by 81.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Millersburg are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Millersburg; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Millersburg, OH

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