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 neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Fairfield Township was a Seller's Market.

Key Takeaway

Fairfield Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fairfield Township, OH

How much do homes in Fairfield Township, OH cost?

Median Sold Price

$253,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$33,000(+15.0%)

Key Takeaway

Homes in Fairfield Township have sold for 15% more than they did a year ago.

Summary: The median home sold price in Fairfield Township was $253,000 in September 2024, up 15% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $152.5K$170K
+11.5%
3 $235K$255K
+8.5%
4 $331K$350K
+5.7%
5+ -$344K
N/A

Summary: Fairfield Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fairfield Township
+15.0%
Pleasant Township
+9.7%
Pleasant Township
-23.9%

Housing Supply in Fairfield Township, OH

How many homes are available in Fairfield Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2027+35.0%

Summary: The Fairfield Township real estate market had 27 homes for sale in September 2024, a 35.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 16
+500.0%
3 108
-20.0%
4 811
+37.5%
5+ 11
0.0%

Summary: The Fairfield Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 500%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 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, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Fairfield Township in September 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Fairfield Township, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated Sep 1, 2024

Newest Listings in Fairfield Township, OH

Nearby Markets to Fairfield Township, OH

What housing markets are near Fairfield Township, OH?