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 November 2021

Since last year, 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

$179,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$14,000(+8.5%)

Key Takeaway

Homes in Fairfield Township have sold for 8.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$115K
N/A
2 $114.7K$115K
0.2%
3 $184.7K$198K
+7.2%
4 $177K$260K
+46.9%
5+ $195K$599K
+207.2%

Median Sold Price Compared To Nearby Cities

Leetonia
+18.4%
Fairfield Township
+8.5%
Columbiana
+6.8%
Fairfield Township
-17.4%

How many homes are available in Fairfield Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
3529-17.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 108
-20.0%
3 1513
-13.3%
4 107
-30.0%
5+ 01
+100.0%

Number of Homes Sold

Oct 2022Nov 2022%
910+11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
52 Days62 Days+17.5%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fairfield Township has remained consistent over time.

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

About Fairfield Township, OH

Fairfield Township, OH has 29 homes for sale to choose from. The number of homes for sale in Fairfield Township, OH decreased by 17.1% between October 2022 and November 2022. In November 2022, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $179,000. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0.2%, prices of 3 bedrooms properties increased by 7.2%, prices of 4 bedrooms properties increased by 46.9%, the cost of 5 bedrooms properties went up by 207.2%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went down by 20%, the quantity of 3 bedrooms homes went down by 13.3%, the quantity of 4 bedrooms homes went down by 30%, 5 bedrooms homes became 100% more available. In November 2022, from all listings sold in Fairfield Township, OH there were more than 1 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price.

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