Is Deerfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Deerfield Township has remained a Seller's Market.
Housing Prices in Deerfield Township, OH
How much do homes in Deerfield Township, OH cost?
Median Sold Price
$466,000
$184/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Deerfield Township was $466,000 in May 2024, up 20.6% from last month, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289.2K | $243.2K | -15.9% |
3 Bedrooms | $325K | $393.7K | +21.2% |
4 Bedrooms | $479.7K | $565K | +17.8% |
5+ Bedrooms | $719.9K | $790K | +9.7% |
Summary: Deerfield Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.9%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
Deerfield Township | $386.5K | $466K | +20.6% |
West Chester Township | $395K | $360K | -8.9% |
Housing Supply in Deerfield Township, OH
How many homes are available in Deerfield Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 38 | +18.8% |
Summary: The Deerfield Township real estate market had 38 homes for sale in May 2024, a 18.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Deerfield Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 16 | +77.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Deerfield Township in May 2024, up by 77.8% month-over-month. Of the 16 sold homes, 31% were sold under asking, 13% were sold at asking, and 56% were sold over asking.
Days on Market for Deerfield Township, OH
How long does it take to sell a home in Deerfield Township, OH?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 Days | 24 Days | -65.3% |
Summary: Homes in Deerfield Township had an average of 24 days on market in May 2024, down by 65.3% compared to last month.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Deerfield Township; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.