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
$147/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 26.9% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $139K | $128K | -7.9% |
3 Bedrooms | $230.8K | $293K | +26.9% |
4 Bedrooms | $354K | $325K | -8.2% |
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 7.9%, 3 bedroom homes increased by 26.9%, 4 bedroom homes decreased by 8.2%, 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 | 29 | -12.1% |
Summary: The Fairfield Township real estate market had 29 homes for sale in February 2024, a 12.1% 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 | 5 | 4 | -20.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 2 | 1 | -50.0% |
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 20%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were 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 10.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 0% 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 |
---|---|---|
79 Days | 64 Days | -19.1% |
Summary: Homes in Fairfield Township had an average of 64 days on market in Feb 2024, down by 19.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 11 homes were sold in Fairfield Township; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.