Is Suffield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Suffield Township has remained a Seller's Market.
Housing Prices in Suffield Township, OH
How much do homes in Suffield Township, OH cost?
Median Sold Price
$265,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Suffield Township was $265,000 in March 2024, up 12.8% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $33K | - | N/A |
2 Bedrooms | $182K | $256.5K | +40.9% |
3 Bedrooms | $226K | $247.4K | +9.5% |
4 Bedrooms | $247.9K | $340K | +37.1% |
5+ Bedrooms | $450K | $350K | -22.2% |
Summary: Suffield Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.9%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 37.1%, and 5+ bedroom homes decreased by 22.2%.
Median Sold Price Compared To Nearby Cities
Brimfield Township | $234K | $270.2K | +15.5% |
Suffield Township | $235K | $265K | +12.8% |
Mogadore | $205.5K | $226.5K | +10.2% |
Mogadore | $205K | $225K | +9.8% |
Lake Township | $275K | $290K | +5.5% |
Housing Supply in Suffield Township, OH
How many homes are available in Suffield Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Summary: The Suffield Township real estate market had 14 homes for sale in March 2024, a 40.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Suffield Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Suffield Township in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Suffield Township, OH
How long does it take to sell a home in Suffield Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 81 Days | +310.1% |
Summary: Homes in Suffield Township had an average of 81 days on market in Mar 2024, up by 310.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Suffield Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.