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Butler County Today

Sunday, September 22, 2024

Milford home prices rise in the third quarter of 2020

Realestate2

The median sale price of a home sold in the third quarter of 2020 in Milford rose by $6,050 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

From July through September of 2020, there were eight homes sold, with a median sale price of $241,000 - a 2.6% increase over the $234,950 median sale price for the same period of the previous year. There were eight homes sold in Milford in the third quarter of 2019, as well.

The median sales tax in Milford for the most recent year with available data, 2018, was $2,072, approximately 0.9% of the median home sale price for the third quarter of 2020.

The following table compares Milford to other Butler County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Seven Mile24-50%$394,500$182,450116.2%
Liberty Township151178-15.2%$314,400$273,50015%
West Chester3012942.4%$270,000$254,9505.9%
Ross382835.7%$251,000$212,25018.3%
Milford880%$241,000$234,9502.6%
Morgan201625%$235,250$171,00037.6%
Fairfield Township1041022%$233,750$219,7006.4%
Wayne189100%$225,500$121,50085.6%
Monroe4550-10%$220,000$192,60014.2%
Hanover Township3341-19.5%$203,500$177,50014.6%
Oxford51494.1%$186,000$205,000-9.3%

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