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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairfield Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Fairfield Township, OH

How much do homes in Fairfield Township, OH cost?

Median Sold Price

$265,500

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$33,500(+14.4%)

Key Takeaway

Homes in Fairfield Township have sold for 14.4% more than they did a year ago.

Summary: The median home sold price in Fairfield Township was $265,500 in November 2024, up 14.4% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$162.5K
N/A
2 $156K$160K
+2.6%
3 $240K$267K
+11.3%
4 $334.5K$357.5K
+6.9%
5+ $384.5K$1.0M
+160.1%

Summary: Fairfield Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 160.1%.

Median Sold Price Compared To Nearby Cities

Fairfield Township
+14.4%
Madison Township
+2.6%

Housing Supply in Fairfield Township, OH

How many homes are available in Fairfield Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2622-15.4%

Summary: The Fairfield Township real estate market had 22 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 95
-44.4%
3 810
+25.0%
4 85
-37.5%
5+ 01
+100.0%

Summary: The Fairfield Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

4 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 Fairfield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Fairfield Township in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Fairfield Township, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Fairfield Township, OH

Nearby Markets to Fairfield Township, OH

What housing markets are near Fairfield Township, OH?