Is Fairfield, 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 was a Seller's Market.
Key Takeaway
Fairfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Fairfield, OH cost?
Median Sold Price
$235,000
$126/sqft
Based on all homes sold in January 2023.
Difference Since Last Month
+$10,000(+4.4%)
Key Takeaway
Homes in Fairfield have sold for 4.4% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $116.2K | $176K | +51.4% |
| 3 Bedrooms | $245K | $239.5K | -2.2% |
| 4 Bedrooms | $292.4K | $330K | +12.8% |
| 5+ Bedrooms | - | - | N/A |
Median Sold Price Compared To Nearby Cities
| Springdale | $198K | $236.5K | +19.4% |
| Fairfield Township | $307.4K | $340.4K | +10.7% |
| Fairfield | $225K | $235K | +4.4% |
| Forest Park | $212.5K | $210K | -1.2% |
| Hamilton | $166K | $150K | -9.6% |
How many homes are available in Fairfield, OH?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 96 | 88 | -8.3% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 26 | 27 | +3.8% |
| 3 Bedrooms | 41 | 29 | -29.3% |
| 4 Bedrooms | 26 | 29 | +11.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 27 | 11 | -59.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairfield, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Average Sale Time
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 19 Days | 11 Days | -41.5% |
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairfield are selling fast, if you're buying plan to act quickly.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2023 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.