Is Milton Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Milton Township has remained a Seller's Market.
Housing Prices in Milton Township, OH
How much do homes in Milton Township, OH cost?
Median Sold Price
$224,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Milton Township was $224,000 in May 2024, up 4.7% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $282K | $197.5K | -30.0% |
2 Bedrooms | $165K | $179.5K | +8.8% |
3 Bedrooms | $182.5K | $224.9K | +23.2% |
4 Bedrooms | $381K | $301.4K | -20.9% |
5+ Bedrooms | - | - | N/A |
Summary: Milton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 23.2%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Craig Beach | $157.5K | $199.9K | +26.9% |
Diamond | $247.4K | $300K | +21.2% |
Lake Milton | $189.5K | $211.2K | +11.5% |
Newton Township | $138K | $145K | +5.1% |
Milton Township | $214K | $224K | +4.7% |
Housing Supply in Milton Township, OH
How many homes are available in Milton Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 30 | +25.0% |
Summary: The Milton Township real estate market had 30 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Milton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Milton Township in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
169 Days | 86 Days | -49.1% |
Summary: Homes in Milton Township had an average of 86 days on market in May 2024, down by 49.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Milton Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.