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Featured local agent — Piqua, OH
Sarah Mitchell
Compass Real Estate · Piqua, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Piqua, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$188,250median sale price
How is the Piqua, OH housing market right now?
The median home sale price in Piqua, OH is $188,250, up 25.5% year-over-year. Homes sell in an average of 53 days with 40 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Piqua a buyer's or seller's market?
Piqua, OH is currently a seller's market, based on 1.3 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
30
Last 12 weeks
Days on market
53
Average pace
Active listings
40
1.3 months supply
Sale-to-list
97.2%
Below asking
What does the Piqua housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $188,250 |
| Median list price | $174,900 |
| Year-over-year price change | +25.5% |
| Average days on market | 53 days |
| Active inventory | 40 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $132/sq ft |
| Homes sold (latest month) | 30 |
| New listings (latest month) | 33 |
| Listings with a price cut | 35.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Piqua by property type?
How the Piqua, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $193,500 | $139/sq ft | 27 | 55 days |
| Condo / Co-op | $73,000 | $84/sq ft | 1 | 8 days |
| Townhouse | $245,150 | $161/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Piqua housing market is currently classified as a seller's market with a median sale price of $188,250. Prices have risen 25.5% compared to last year, with homes spending an average of 53 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.
Homes for sale in Piqua
There are currently 40 homes listed for sale in Piqua, Ohio. The median listing price is $175K.
Active listings
40
Homes on market
Median list price
$175K
Avg. days on market
53
Days until sale
New this week
33
Newly listed
Who lives in Piqua?
Population
20,533
Median income
$63,770/yr
Median age
38.8 years
Owner-occupied
63.8%
College grads
13.9%
Avg commute
17.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Piqua?
Zillow home value
$184,686
Zillow rent index
$1,087/mo
Price-to-rent ratio
14.2x
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Piqua?
Piqua is a community of approximately 21K residents with a median age of 38.8 years.The median household income is $63,770, which represents a working-class community with solid middle-income opportunities. 13.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.8%, showing a blend of owner and renter-occupied properties. The average commute time is 17.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Piqua offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Piqua?
6 schools tracked · 4,038 students
The largest public schools serving Piqua, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Upper Valley Career Center
Grades 7-12 · 927 students
Piqua High School
Grades 9-12 · 916 students
Piqua Central Intermediate School
Grades 4-6 · 701 students
Washington Primary Elementary School
Grades K-3 · 533 students
Springcreek Primary Elementary School
Grades K-3 · 488 students
Piqua Junior High School
Grades 7-8 · 473 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Piqua, OH?
Want a head-to-head view? Compare Piqua side-by-side with any other U.S. city using our market-comparison tool.
Is Piqua a good real estate investment market?
For investors evaluating Piqua, the price-to-rent ratio of 14.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 25.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Piqua's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Piqua's median home price.
Frequently asked questions
What is the average home price in Piqua?
The median home sale price in Piqua is $188,250, up 25.5% from last year.
How long do homes stay on market in Piqua?
Homes typically spend 53 days on market before going under contract.
What is the median income in Piqua?
The median household income is $63,770 per year.
Is Piqua a buyer's or seller's market?
With 1.3 months of supply, Piqua is currently a seller's market.
What is the Zillow home value estimate for Piqua?
The Zillow Home Value Index (ZHVI) for Piqua is $184,686, representing the typical home value in the area.
What is the median condo price in Piqua?
The median condo/co-op sale price in Piqua, OH is $73,000, compared to $193,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Piqua?
The median single-family home price in Piqua, OH is $193,500 (about $139 per square foot).
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