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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milton Township is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Milton 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 Milton Township, OH

How much do homes in Milton Township, OH cost?

Median Sold Price

$194,100

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$32,100(+19.8%)

Key Takeaway

Homes in Milton Township have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Milton Township was $194,100 in November 2024, up 19.8% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $155K-
N/A
2 $139.5K$157.5K
+12.9%
3 $162.5K$208.2K
+28.1%
4 $215K$247K
+14.9%
5+ $435K$265K
-39.1%

Summary: Milton Township 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 12.9%, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 39.1%.

Median Sold Price Compared To Nearby Cities

Rittman
+23.8%
Milton Township
+19.8%
Chippewa Township
+13.4%
Guilford Township
-8.1%

Housing Supply in Milton Township, OH

How many homes are available in Milton Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2226+18.2%

Summary: The Milton Township real estate market had 26 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1318
+38.5%
4 43
-25.0%
5+ 12
+100.0%

Summary: The Milton 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 25%, 3 bedroom homes increased by 38.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 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 Milton Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Milton Township in November 2024, down by 20.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Milton Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days36 Days+117.5%

Summary: Homes in Milton Township had an average of 36 days on market in Nov 2024, up by 117.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Milton Township has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Milton Township; 25% of homes were sold within 30 days, 75% 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 2 Days Ago

Newest Listings in Milton Township, OH

Nearby Markets to Milton Township, OH

What housing markets are near Milton Township, OH?