Is Piqua, OH 45356 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Piqua is a seller’s market. With about 2.4 months of supply and 29% 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.

Competition score60/ 100

More competitive than 62% of U.S. ZIP codes, and #253 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

Months of supply2.4Under 4 months = seller’s market
Sold above original list29.1%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$134▼ −5.8% vs. last year

The Piqua housing market right now

In the three months ending August 31, 2026, 29% of homes in Piqua, OH 45356 sold above their list price, the typical home went under contract in 26 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 99 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold about as fast and the median sale price rose 8% to $189,618. Overall, Piqua is more competitive than a year ago, so tougher for buyers.

Within Miami County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Piqua ranks #253 of 489 OH ZIP codes with enough sales (score 60 out of 100).

Nearby, buyers who want less competition could look at Pleasant Hill 45359 (0% sold over asking) or Casstown 45312 (0% sold over asking), while Laura 45337 (33% sold over asking) and Ludlow Falls 45339 (33% sold over asking) are even more competitive.

Nearby markets

Casstown 45312Buyer’s market $201 /sq ftCovington 45318Seller’s market $153 /sq ftFletcher 45326Seller’s market $177 /sq ftLaura 45337Seller’s market $155 /sq ft Browse all markets →

Where Piqua is

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Questions about Piqua real estate

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

A seller’s market: there were 2.4 months of supply in Piqua, OH 45356 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 Piqua?

The typical home went under contract in 26 days in the latest three months.

Do homes in Piqua sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Piqua?

About 0.98% of a home’s value a year in Miami County, or roughly $3,920 on a $400,000 home.

What is the median home price in Piqua?

The median sale price was $189,618 in the three months ending August 31, 2026, about $134 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