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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deerfield Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Deerfield Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Deerfield Township, OH

How much do homes in Deerfield Township, OH cost?

Median Sold Price

$415,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,950(-3.0%)

Key Takeaway

Homes in Deerfield Township have sold for 3% less than they did a year ago.

Summary: The median home sold price in Deerfield Township was $415,000 in October 2024, down 3% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K-
N/A
2 $255K$264K
+3.5%
3 $350K$378.5K
+8.1%
4 $549.6K$521K
-5.2%
5+ $752K$890K
+18.3%

Summary: Deerfield Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 18.3%.

Median Sold Price Compared To Nearby Cities

Hamilton Township
+5.8%
Mason
+2.3%
Deerfield Township
-3.0%
West Chester Township
-6.0%

Housing Supply in Deerfield Township, OH

How many homes are available in Deerfield Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1830+66.7%

Summary: The Deerfield Township real estate market had 30 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 59
+80.0%
3 712
+71.4%
4 36
+100.0%
5+ 33
0.0%

Summary: The Deerfield Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deerfield Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Deerfield Township in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Deerfield Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days51 Days+32.1%

Summary: Homes in Deerfield Township had an average of 51 days on market in Oct 2024, up by 32.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Deerfield Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Deerfield Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 16 Days Ago

Newest Listings in Deerfield Township, OH

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