$2,672 Closing Credit*
$225,000
2,388 SqFt
2 Beds
•2 Full Baths, 2 Partial
Beverly K Scott, Listing Office: Sibcy Cline Inc.
Is Fairfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$257,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,000(+16.8%)
Key Takeaway
Homes in Fairfield Township have sold for 16.8% more than they did a year ago.
Summary: The median home sold price in Fairfield Township was $257,000 in November 2024, up 16.8% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $162.5K | N/A |
| 2 Bedrooms | $160K | $155K | -3.1% |
| 3 Bedrooms | $233.5K | $255K | +9.2% |
| 4 Bedrooms | $330K | $354.5K | +7.4% |
| 5+ Bedrooms | $344K | $666.3K | +93.7% |
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 decreased by 3.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 93.7%.
Median Sold Price Compared To Nearby Cities
| Sandy Township | $118K | $172.7K | +46.4% |
| Fairfield Township | $220K | $257K | +16.8% |
| Warren Township | $130.4K | $150K | +15.0% |
| Goshen Township | $230K | $215K | -6.5% |
Housing Supply in Fairfield Township, OH
How many homes are available in Fairfield Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 22 | -31.3% |
Summary: The Fairfield Township real estate market had 22 homes for sale in November 2024, a 31.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 6 | -57.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fairfield Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Fairfield Township in November 2024, down by 57.1% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 146 Days | +379.8% |
Summary: Homes in Fairfield Township had an average of 146 days on market in Nov 2024, up by 379.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fairfield Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Fairfield Township; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved