Piqua Housing Market Report May 2025•Miami County, Ohio

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Housing Prices in Piqua, OH

How much do homes in Piqua, OH cost?

Housing Market Conditions

Is Piqua, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Piqua is a Seller's Market

Difference Since May 2024

Since last year, Piqua has remained a Seller's Market.

Insight

Piqua is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$162,737$118/SqFt
+$12,737
+8.5%

Based on all homes sold in the last 12 months

Insight

Homes in Piqua have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Piqua was $162,737 in May 2025, up 8.5% from last year, and the median price per square foot was $118.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Springcreek Township
+22.3%
Piqua
+8.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$48.5K$50K
+3.1%
2$120K$135K
+12.5%
3$159.9K$165.5K
+3.5%
4$167.5K$175.5K
+4.8%
5$219.9K$189.9K
-13.7%

Summary: Piqua housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.1%. The home price for 2 bedroom homes increased by +12.5%. The home price for 3 bedroom homes increased by +3.5%. The home price for 4 bedroom homes increased by +4.8%. The home price for 5 bedroom homes decreased by -13.7%.

How does Piqua, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Piqua, OH

Housing supply in Piqua, OH

How many homes are available in Piqua, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
107Last MonthMay 2025
1172 months agoApr 2025
-8.5 %
Change MoMApr – May

Summary: The Piqua real estate market had 107 homes for sale in May 2025, a 8.5 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
37Last MonthMay 2025
342 months agoApr 2025
+8.8 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
22318
-21.7%
37165
-8.5%
41817
-5.6%
557
+40.0%

Summary: Piqua housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -21.7%. The inventory for 3 bedroom homes decreased by -8.5%. The inventory for 4 bedroom homes decreased by -5.6%. The inventory for 5 bedroom homes increased by +40.0%.

Asking Price vs. Sold Price

How much do homes in Piqua, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price9 Homes

Under Asking Price21 Homes

Insight

If you're buying a home in Piqua, you may be able to get a good deal. 56.8% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in Piqua in May 2025, up by 8.8% month-over-month. Of the 37 sold homes, 57% were sold under asking, 24% were sold at asking, and and 19% were sold over asking.

Days on Market for Piqua, OH

How long does it take to sell a home in Piqua, OH?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days15 Homes

Over 90 Days6 Homes

Insight

Avg time on Rocket Homes in Piqua has remained consistent over time.

Summary: During May 2025, 37 homes were sold in Piqua; 8% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
68 DaysThis YearMay 2025
49 Days1 year agoMay 2024
+38.7 %
Change YoYMay 2024 – May 2025

Summary: Homes in Piqua had an average listing age of 68 days in May 2025, up by 38.7% compared to the previous year.

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Newest Listings in Piqua, OH

What homes are available in Piqua, OH?

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Nearby markets aren't available for Piqua, OH

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MLS Disclaimers and Copyright

Based on information from Western Regional Information Systems and Technology Inc., Dayton MLS, and West Central Association of REALTORS MLS for the period 06/01/2023 - 06/01/2025

IDX Information is provided by Western Regional Information Systems and Technology, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 3:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 3:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by West Central Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 – West Central Association of REALTORS – All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 3:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.