Is Millersburg, OH 44654 a buyer’s or seller’s market?
Millersburg is a seller’s market. With about 3.2 months of supply and 35% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 79% of U.S. ZIP codes, and #113 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Millersburg housing market right now
In the three months ending August 31, 2026, 35% of homes in Millersburg, OH 44654 sold above their list price, the typical home went under contract in 13 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 28%, homes sold faster (35 days then) and the median sale price fell 16% to $264,785. Overall, Millersburg is more competitive than a year ago, so tougher for buyers.
Within Holmes County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Millersburg ranks #113 of 489 OH ZIP codes with enough sales (score 75 out of 100).
Nearby, buyers who want less competition could look at Nashville 44661 (0% sold over asking) or Killbuck 44637 (0% sold over asking).
Run the numbers for 44654
Nearby markets
Baltic 43804 $193 /sq ftBig Prairie 44611Buyer’s market $130 /sq ftDundee 44624Seller’s market $169 /sq ftFredericksburg 44627Seller’s market $198 /sq ft Browse all markets →Towns like Millersburg nearby
Find towns like Millersburg in other states →Where Millersburg is
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Questions about Millersburg real estate
Is Millersburg a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Millersburg, OH 44654 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Millersburg?
The typical home went under contract in 13 days in the latest three months.
Do homes in Millersburg sell over asking?
35% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What are property taxes in Millersburg?
About 1.08% of a home’s value a year in Holmes County, or roughly $4,320 on a $400,000 home.
What is the median home price in Millersburg?
The median sale price was $264,785 in the three months ending August 31, 2026, about $197 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology