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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairfax is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Fairfax was a Buyer's Market.

Key Takeaway

Fairfax is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Fairfax, OH cost?

Median Sold Price

$209,750

$302/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$70,250(-25.1%)

Key Takeaway

Homes in Fairfax have sold for 25.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 -$209.7K
N/A
3 --
N/A
4 $280K-
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Mariemont
-0.4%
Cincinnati
-3.2%
Fairfax
-25.1%
Columbia Township
-27.3%

How many homes are available in Fairfax, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
1214+16.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 55
0.0%
3 68
+33.3%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairfax, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
15 Days11 Days-23.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fairfax are selling fast, if you're buying plan to act quickly.

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

About Fairfax, OH

There are 14 homes are for sale in Fairfax, OH real estate market. Between October 2022 and November 2022, Fairfax, OH real estate market has seen increase in the number of listings by 16.7%. Listings spent 11 days on the market in November 2022, and had a median list price of $209,750 during the same period. Real estate listing prices changed between November 2021 and November 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 0%, the cost of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties increased by 0%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes did not move, number of 3 bedrooms homes increased by 33.3%, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes have not changed. Fairfax, OH housing market in November 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.

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