Is Westfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Westfield Township has remained a Seller's Market.
Housing Prices in Westfield Township, OH
How much do homes in Westfield Township, OH cost?
Median Sold Price
$317,500
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Westfield Township was $317,500 in February 2024, up 5.8% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $190K | - | N/A |
3 Bedrooms | $299.9K | $315K | +5.0% |
4 Bedrooms | $302.5K | $319.5K | +5.6% |
5+ Bedrooms | $319.9K | - | N/A |
Summary: Westfield Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Westfield Township | $300K | $317.5K | +5.8% |
Seville | $299.9K | $309.5K | +3.2% |
Westfield Center | $313K | $320K | +2.2% |
Seville Village Township | $260.6K | $212.5K | -18.5% |
Housing Supply in Westfield Township, OH
How many homes are available in Westfield Township, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The Westfield Township real estate market had 9 homes for sale in February 2024, a 28.6% increase 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Westfield 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Westfield Township in February 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Westfield Township, OH
How long does it take to sell a home in Westfield Township, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
67 Days | 101 Days | +50.1% |
Summary: Homes in Westfield Township had an average of 101 days on market in Feb 2024, up by 50.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Westfield Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.