Is Miami 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, Miami Township has remained a Seller's Market.
Housing Prices in Miami Township, OH
How much do homes in Miami Township, OH cost?
Median Sold Price
$226,293
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Miami Township was $226,293 in May 2024, up 0.4% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $62.9K | $101.2K | +60.9% |
2 Bedrooms | $117.5K | $130K | +10.6% |
3 Bedrooms | $220.2K | $225K | +2.1% |
4 Bedrooms | $305K | $315K | +3.3% |
5+ Bedrooms | $305.5K | $335K | +9.7% |
Summary: Miami Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.9%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
Moraine | $136.2K | $163.9K | +20.3% |
West Carrollton | $150K | $165K | +10.0% |
Miami Township | $225.4K | $226.2K | 0.4% |
Jefferson Township | $165K | $165K | 0.0% |
Miamisburg | $231.7K | $231.6K | -0.1% |
Housing Supply in Miami Township, OH
How many homes are available in Miami Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
131 | 159 | +21.4% |
Summary: The Miami Township real estate market had 159 homes for sale in May 2024, a 21.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 22 | 13 | -40.9% |
3 Bedrooms | 76 | 93 | +22.4% |
4 Bedrooms | 26 | 40 | +53.8% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Miami Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 40.9%, 3 bedroom homes increased by 22.4%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 60 | +62.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Miami Township in May 2024, up by 62.2% month-over-month. Of the 60 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Miami Township, OH
How long does it take to sell a home in Miami Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
57 Days | 46 Days | -18.1% |
Summary: Homes in Miami Township had an average of 46 days on market in May 2024, down by 18.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 60 homes were sold in Miami Township; 25% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.