$2,791 Closing Credit*
$235,000
3 Beds
•2 Full Baths
Julie A Van Oss, Listing Office: MB Realty Group
Is Middlefield, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Middlefield was a Seller's Market.
Key Takeaway
Middlefield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Middlefield, OH
How much do homes in Middlefield, OH cost?
Median Sold Price
$265,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,750(-0.7%)
Key Takeaway
Homes in Middlefield have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in Middlefield was $265,000 in November 2024, down 0.7% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $156.5K | $162.5K | +3.8% |
| 3 Bedrooms | $270.8K | $291.7K | +7.7% |
| 4 Bedrooms | $295K | $341.5K | +15.8% |
| 5+ Bedrooms | $1.1M | $227K | -81.1% |
Summary: Middlefield 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 3.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 81.1%.
Median Sold Price Compared To Nearby Cities
| Burton Township | $235K | $275K | +17.0% |
| Middlefield | $266.7K | $265K | -0.7% |
| Middlefield Township | $266.7K | $265K | -0.7% |
Housing Supply in Middlefield, OH
How many homes are available in Middlefield, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Middlefield real estate market had 25 homes for sale in November 2024, a 3.8% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Middlefield 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 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 Middlefield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Middlefield in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Middlefield, OH
How long does it take to sell a home in Middlefield, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 10 Days | -72.9% |
Summary: Homes in Middlefield had an average of 10 days on market in Nov 2024, down by 72.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Middlefield are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Middlefield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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