Is Milford Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milford Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Milford Township has remained a Neutral Market.

Key Takeaway

Milford 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 Milford Township, PA

How much do homes in Milford Township, PA cost?

Median Sold Price

$195,000

$174/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$80,000(-29.1%)

Key Takeaway

Homes in Milford Township have sold for 29.1% less than they did a month ago.

Summary: The median home sold price in Milford Township was $195,000 in November 2024, down 29.1% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$195K
N/A
4 $275K-
N/A
5+ --
N/A

Summary: Milford Township housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Milford Township, PA

How many homes are available in Milford Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The Milford Township real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 21
-50.0%
5+ 22
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 Milford Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Milford Township in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Milford Township, PA

How long does it take to sell a home in Milford Township, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
20 Days50 Days+150.0%

Summary: Homes in Milford Township had an average of 50 days on market in Nov 2024, up by 150% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Milford Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Milford Township; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in Milford Township, PA

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