Is Fairfield County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Fairfield County has remained a Seller's Market.
Housing Prices in Fairfield County, OH
How much do homes in Fairfield County, OH cost?
Median Sold Price
$324,975
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Fairfield County was $324,975 in February 2024, up 8.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $115K | +53.3% |
2 Bedrooms | $170K | $186.4K | +9.6% |
3 Bedrooms | $265K | $283.7K | +7.1% |
4 Bedrooms | $374.8K | $416.3K | +11.0% |
5+ Bedrooms | $501.5K | $496K | -1.1% |
Summary: Fairfield County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Counties
Perry County | $215.2K | $235K | +9.2% |
Fairfield County | $299.9K | $324.9K | +8.3% |
Pickaway County | $272.8K | $289.2K | +6.0% |
Franklin County | $284.1K | $300K | +5.6% |
Hocking County | $250K | $250.5K | 0.2% |
Housing Supply in Fairfield County, OH
How many homes are available in Fairfield County, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
520 | 562 | +8.1% |
Summary: The Fairfield County real estate market had 562 homes for sale in February 2024, a 8.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 54 | 68 | +25.9% |
3 Bedrooms | 216 | 240 | +11.1% |
4 Bedrooms | 189 | 197 | +4.2% |
5+ Bedrooms | 52 | 48 | -7.7% |
Summary: The Fairfield County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
95 | 121 | +27.4% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 121 homes were sold or pending in Fairfield County in February 2024, up by 27.4% month-over-month. Of the 121 sold homes, 40% were sold under asking, 29% were sold at asking, and 31% were sold over asking.
Days on Market for Fairfield County, OH
How long does it take to sell a home in Fairfield County, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
32 Days | 44 Days | +39.1% |
Summary: Homes in Fairfield County had an average of 44 days on market in Feb 2024, up by 39.1% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During February 2024, 121 homes were sold in Fairfield County; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.