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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fayette Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Fayette Township was a Seller's Market.

Key Takeaway

Fayette Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fayette Township, OH

How much do homes in Fayette Township, OH cost?

Median Sold Price

$173,000

$151/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$4,000(+2.4%)

Key Takeaway

Homes in Fayette Township have sold for 2.4% more than they did a month ago.

Summary: The median home sold price in Fayette Township was $173,000 in November 2024, up 2.4% from last month, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $169K$173K
+2.4%
4 --
N/A
5+ --
N/A

Summary: Fayette Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Fayette Township, OH

How many homes are available in Fayette Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
810+25.0%

Summary: The Fayette Township real estate market had 10 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 01
+100.0%
5+ 02
+100.0%

Summary: The Fayette Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Days on Market for Fayette Township, OH

How long does it take to sell a home in Fayette Township, OH?

Average Sale Time

Oct 2024Nov 2024CHANGE
78 Days67 Days-14.1%

Summary: Homes in Fayette Township had an average of 67 days on market in Nov 2024, down by 14.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Fayette Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 5 Days Ago

Newest Listings in Fayette Township, OH

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