Is Fairfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fairfield Township was a Neutral Market.
Housing Prices in Fairfield Township, OH
How much do homes in Fairfield Township, OH cost?
Median Sold Price
$245,000
$138/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Fairfield Township was $245,000 in April 2024, down 37.8% from last month, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $130K | N/A |
3 Bedrooms | $367K | $248K | -32.4% |
4 Bedrooms | $309K | $370K | +19.7% |
5+ Bedrooms | $1.0M | - | N/A |
Summary: Fairfield Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 32.4%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Fairfield Township | $394K | $245K | -37.8% |
North Fairfield | $479K | $199.9K | -58.3% |
Housing Supply in Fairfield Township, OH
How many homes are available in Fairfield Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Summary: The Fairfield Township real estate market had 31 homes for sale in April 2024, a 24.0% 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 | 6 | 9 | +50.0% |
3 Bedrooms | 11 | 15 | +36.4% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fairfield Township 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 50%, 3 bedroom homes increased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 13 | +225.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Fairfield Township in April 2024, up by 225.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for Fairfield Township, OH
How long does it take to sell a home in Fairfield Township, OH?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 26 Days | -65.9% |
Summary: Homes in Fairfield Township had an average of 26 days on market in Apr 2024, down by 65.9% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Fairfield Township; 62% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.