Is Fairborn, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fairborn has remained a Seller's Market.
Key Takeaway
Fairborn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairborn, OH
How much do homes in Fairborn, OH cost?
Median Sold Price
$186,900
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Fairborn have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Fairborn was $186,900 in March 2024, up 13.3% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $53.5K | $113K | +111.2% |
| 2 Bedrooms | $118K | $135K | +14.4% |
| 3 Bedrooms | $164.9K | $179.9K | +9.1% |
| 4 Bedrooms | $260K | $275K | +5.8% |
| 5+ Bedrooms | $279.9K | $383.9K | +37.1% |
Summary: Fairborn housing prices by bedroom type for March 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 9.1%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 37.1%.
Median Sold Price Compared To Nearby Cities
| Fairborn | $164.9K | $186.9K | +13.3% |
| Bath Township | $165K | $181.6K | +10.1% |
| Beavercreek Township | $300K | $325K | +8.3% |
| Beavercreek | $285.1K | $304.9K | +6.9% |
Housing Supply in Fairborn, OH
How many homes are available in Fairborn, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 81 | 98 | +21.0% |
Summary: The Fairborn real estate market had 98 homes for sale in March 2024, a 21.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 14 | +55.6% |
| 3 Bedrooms | 49 | 61 | +24.5% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fairborn housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 55.6%, 3 bedroom homes increased by 24.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairborn, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Fairborn in March 2024, up by 6.9% month-over-month. Of the 31 sold homes, 48% were sold under asking, 19% were sold at asking, and 32% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 49 Days | -22.6% |
Summary: Homes in Fairborn had an average of 49 days on market in Mar 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fairborn has remained consistent over time.
Summary: During March 2024, 31 homes were sold in Fairborn; 16% of homes were sold within 30 days, 74% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.