Is Fairborn, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairborn is a seller's market

Buyer's
Market

Difference Since October 2021

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.

How much do homes in Fairborn, OH cost?

Median Sold Price

$159,933

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$19,933(+14.2%)

Key Takeaway

Homes in Fairborn have sold for 14.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $30K$85K
+183.3%
2 $110.2K$118K
+7.0%
3 $141.8K$159K
+12.1%
4 $240K$245K
+2.1%
5+ $215K$305K
+41.9%

Median Sold Price Compared To Nearby Cities

Fairborn
+14.2%
Bath Township
+12.8%
Beavercreek
+9.8%
Beavercreek Township
+6.5%

How many homes are available in Fairborn, OH?

Number of Homes For Sale

Sep 2022Oct 2022%
112101-9.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 11
0.0%
2 2017
-15.0%
3 6357
-9.5%
4 2624
-7.7%
5+ 22
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
4430-31.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairborn, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
54 Days59 Days+10.0%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fairborn has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fairborn, OH

Homes for sale in Fairborn, OH have reached 101. The number of listings in Fairborn, OH decreased by 9.8% between September 2022 and October 2022. In October 2022 median list price was $159,933 and the average listing age was 59 days. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties became 183.3% more expensive, 2 bedrooms properties prices increased by 7%, prices of 3 bedrooms properties went up by 12.1%, the cost of 4 bedrooms properties went up by 2.1%, 5 bedrooms properties prices increased by 41.9%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 15%, number of 3 bedrooms homes decreased by 9.5%, number of 4 bedrooms homes decreased by 7.7%, 5 bedrooms homes inventory did not change. In October 2022 more than 7 listings in Fairborn, OH were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 13 were sold below.

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