Is Westfield Center, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westfield Center is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Westfield Center has remained a Seller's Market.

Key Takeaway

Westfield Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Westfield Center, OH

How much do homes in Westfield Center, OH cost?

Median Sold Price

$362,450

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,450(+18.8%)

Key Takeaway

Homes in Westfield Center have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Westfield Center was $362,450 in April 2024, up 18.8% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $207K$245K
+18.4%
3 $277.8K$299.9K
+7.9%
4 $331K$502.5K
+51.8%
5+ -$535K
N/A

Summary: Westfield Center housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 51.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Westfield Center
+18.8%
Westfield Township
+3.3%

Housing Supply in Westfield Center, OH

How many homes are available in Westfield Center, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
26+200.0%

Summary: The Westfield Center real estate market had 6 homes for sale in April 2024, a 200.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 02
+100.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Westfield Center housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westfield Center, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Westfield Center in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Westfield Center, OH

How long does it take to sell a home in Westfield Center, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
124 Days39 Days-68.1%

Summary: Homes in Westfield Center had an average of 39 days on market in Apr 2024, down by 68.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Westfield Center has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Westfield Center; 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 17 Days Ago

Newest Listings in Westfield Center, OH

Nearby Markets to Westfield Center, OH