Is Milton, WV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Milton is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Milton was a Neutral Market.

Key Takeaway

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

Housing Prices in Milton, WV

How much do homes in Milton, WV cost?

Median Sold Price

$268,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,500(+14.8%)

Key Takeaway

Homes in Milton have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Milton was $268,000 in November 2024, up 14.8% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $34K-
N/A
2 $149K$319K
+114.1%
3 $244.2K$199K
-18.5%
4 $252.5K$239K
-5.3%
5+ $297K$407.5K
+37.2%

Summary: Milton 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 114.1%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 37.2%.

Median Sold Price Compared To Nearby Cities

Milton
+14.8%
Culloden
0.2%

Housing Supply in Milton, WV

How many homes are available in Milton, WV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1417+21.4%

Summary: The Milton real estate market had 17 homes for sale in November 2024, a 21.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 79
+28.6%
4 23
+50.0%
5+ 11
0.0%

Summary: The Milton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Milton in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Milton, WV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
60 Days102 Days+70.8%

Summary: Homes in Milton had an average of 102 days on market in Nov 2024, up by 70.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Milton; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 Milton, WV

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