$2,136 Closing Credit*
$179,900
3,150 SqFt
5 Beds
•5 Full Baths
Listing Office: Howard Hanna
Is Fayette, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fayette was a Seller's Market.
Key Takeaway
Fayette is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fayette, OH
How much do homes in Fayette, OH cost?
Median Sold Price
$173,000
$151/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$4,000(+2.4%)
Key Takeaway
Homes in Fayette have sold for 2.4% more than they did a month ago.
Summary: The median home sold price in Fayette was $173,000 in November 2024, up 2.4% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $169K | $173K | +2.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fayette housing prices by bedroom type for November 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 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Gorham Township | $128.9K | $173K | +34.2% |
| Fayette | $169K | $173K | +2.4% |
Housing Supply in Fayette, OH
How many homes are available in Fayette, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Fayette real estate market had 10 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Fayette 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Days on Market for Fayette, OH
How long does it take to sell a home in Fayette, OH?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 67 Days | -14.1% |
Summary: Homes in Fayette had an average of 67 days on market in Nov 2024, down by 14.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fayette has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Fayette; 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.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.