Is Fairfield Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairfield Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Fairfield Township has remained a Seller's Market.

Key Takeaway

Fairfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fairfield Township, OH cost?

Median Sold Price

$324,750

$151/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$37,250(+13.0%)

Key Takeaway

Homes in Fairfield Township have sold for 13% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $146.2K-
N/A
3 $294.5K$297.5K
+1.0%
4 $350.7K$345K
-1.6%
5+ $92.5K-
N/A

Median Sold Price Compared To Nearby Cities

New Miami
+121.4%
Saint Clair Township
+35.9%
Fairfield Township
+13.0%
Hamilton
0.0%
Fairfield
0.0%

How many homes are available in Fairfield Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
8783-4.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 107
-30.0%
3 4239
-7.1%
4 3436
+5.9%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
1622+37.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairfield Township, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
24 Days10 Days-55.0%

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fairfield Township 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 Fairfield Township, OH

Number of homes for sale in Fairfield Township, OH real estate market have reached 83. The number of listings in Fairfield Township, OH decreased by 4.6% between October 2022 and November 2022. The median list price of listings available in November 2022 was $324,750, while the average time on the real estate market was 10 days. This housing market listing prices have changed between November 2021 and November 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices increased by 1%, 4 bedrooms properties prices decreased by 1.6%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 30%, 3 bedrooms homes became 7.1% less available, 4 bedrooms homes inventory increased by 5.9%, volume of 5 bedrooms homes stayed the same. In November 2022, from all listings sold in Fairfield Township, OH there were more than 6 sold above asking price, over 12 sold below and more than 4 were sold right at the asked price.

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