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
$267,500
$180/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Fairfield Township was $267,500 in May 2024, down 4.1% from last month, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $170K | N/A |
3 Bedrooms | $259K | $300K | +15.8% |
4 Bedrooms | $357.5K | $430K | +20.3% |
5+ Bedrooms | - | - | N/A |
Summary: Fairfield Township housing prices by bedroom type for May 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 15.8%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Fairfield Township | $279K | $267.5K | -4.1% |
Fairfield | $251K | $225.5K | -10.2% |
Saint Clair Township | $295K | $117.5K | -60.2% |
Housing Supply in Fairfield Township, OH
How many homes are available in Fairfield Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 52 | +57.6% |
Summary: The Fairfield Township real estate market had 52 homes for sale in May 2024, a 57.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 13 | +116.7% |
3 Bedrooms | 20 | 27 | +35.0% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairfield Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 116.7%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Fairfield Township in May 2024, up by 60.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 6% were sold at asking, and 50% 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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 Days | 44 Days | -6.4% |
Summary: Homes in Fairfield Township had an average of 44 days on market in May 2024, down by 6.4% compared to last month.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Fairfield Township; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.