Is Fairborn, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fairborn has remained a Seller's Market.
Housing Prices in Fairborn, OH
How much do homes in Fairborn, OH cost?
Median Sold Price
$189,466
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fairborn was $189,466 in April 2024, up 14.9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $53.5K | $113K | +111.2% |
2 Bedrooms | $120K | $137.2K | +14.4% |
3 Bedrooms | $164.7K | $178.9K | +8.6% |
4 Bedrooms | $260K | $270K | +3.8% |
5+ Bedrooms | $300K | $383K | +27.7% |
Summary: Fairborn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 111.2%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 27.7%.
Median Sold Price Compared To Nearby Cities
Fairborn | $164.9K | $189.4K | +14.9% |
Bath Township | $164.9K | $182.2K | +10.5% |
Beavercreek Township | $300.9K | $325K | +8.0% |
Beavercreek | $285.5K | $300K | +5.1% |
Housing Supply in Fairborn, OH
How many homes are available in Fairborn, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 107 | +11.5% |
Summary: The Fairborn real estate market had 107 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 58 | 58 | 0.0% |
4 Bedrooms | 20 | 29 | +45.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fairborn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 45%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 34 | -5.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Fairborn in April 2024, down by 5.6% month-over-month. Of the 34 sold homes, 18% were sold under asking, 41% were sold at asking, and 41% were sold over asking.
Days on Market for Fairborn, OH
How long does it take to sell a home in Fairborn, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 53 Days | -11.7% |
Summary: Homes in Fairborn had an average of 53 days on market in Apr 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 34 homes were sold in Fairborn; 26% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.