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
Since last month, Fairfield Township has remained a Seller's Market.
Housing Prices in Fairfield Township, OH
How much do homes in Fairfield Township, OH cost?
Median Sold Price
$293,000
$162/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Fairfield Township was $293,000 in February 2024, up 26.3% from last month, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $154.5K | $128K | -17.2% |
3 Bedrooms | $232K | $293K | +26.3% |
4 Bedrooms | $407K | $325K | -20.1% |
5+ Bedrooms | - | - | N/A |
Summary: Fairfield Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 20.1%, and 5+ bedroom homes did not change.
Housing Supply in Fairfield Township, OH
How many homes are available in Fairfield Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
33 | 31 | -6.1% |
Summary: The Fairfield Township real estate market had 31 homes for sale in February 2024, a 6.1% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Fairfield Township 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 decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Fairfield Township in February 2024, up by 22.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% 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
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
71 Days | 52 Days | -26.2% |
Summary: Homes in Fairfield Township had an average of 52 days on market in Feb 2024, down by 26.2% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in Fairfield Township; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.