Is Fairfield Township, 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 Township was a Neutral Market.
Housing Prices in Fairfield Township, OH
How much do homes in Fairfield Township, OH cost?
Median Sold Price
$267,000
$143/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Fairfield Township was $267,000 in April 2024, down 20.9% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $130K | N/A |
3 Bedrooms | $296.2K | $267K | -9.9% |
4 Bedrooms | $369.5K | $360K | -2.6% |
5+ Bedrooms | $1.0M | - | N/A |
Summary: Fairfield Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Saint Clair Township | $230K | $295K | +28.3% |
Hamilton | $217.5K | $226K | +3.9% |
Fairfield Township | $337.5K | $267K | -20.9% |
Housing Supply in Fairfield Township, OH
How many homes are available in Fairfield Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 41 | +32.3% |
Summary: The Fairfield Township real estate market had 41 homes for sale in April 2024, a 32.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 12 | +33.3% |
3 Bedrooms | 12 | 18 | +50.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fairfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 15 | +200.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Fairfield Township in April 2024, up by 200.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 7% were sold at asking, and 53% were sold over asking.
Days on Market for Fairfield Township, OH
How long does it take to sell a home in Fairfield Township, OH?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 31 Days | -57.2% |
Summary: Homes in Fairfield Township had an average of 31 days on market in Apr 2024, down by 57.2% compared to last month.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Fairfield Township; 53% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.