Is Milford Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Milford Township has remained a Seller's Market.
Housing Prices in Milford Township, OH
How much do homes in Milford Township, OH cost?
Median Sold Price
$344,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Milford Township was $344,500 in April 2024, up 16.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $150K | $257.5K | +71.7% |
3 Bedrooms | $291.5K | $315K | +8.1% |
4 Bedrooms | $372K | $416K | +11.8% |
5+ Bedrooms | $1.0M | $434K | -56.6% |
Summary: Milford Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 71.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 56.6%.
Median Sold Price Compared To Nearby Cities
Milford Township | $295K | $344.5K | +16.8% |
Hilliar Township | $290K | $320.2K | +10.4% |
Housing Supply in Milford Township, OH
How many homes are available in Milford Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Summary: The Milford Township real estate market had 26 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Milford Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Milford Township in April 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Milford Township, OH
How long does it take to sell a home in Milford Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 26 Days | +27.9% |
Summary: Homes in Milford Township had an average of 26 days on market in Apr 2024, up by 27.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Milford Township; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.