$3,984 Closing Credit*
$335,500
1,947 SqFt
3 Beds
•2 Full Baths
Karen E Richardson, Listing Office: Keller Williams Citywide
Is Middlefield, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Middlefield has remained a Seller's Market.
Key Takeaway
Middlefield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Middlefield, OH
How much do homes in Middlefield, OH cost?
Median Sold Price
$260,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+1.0%)
Key Takeaway
Homes in Middlefield have sold for 1% more than they did a year ago.
Summary: The median home sold price in Middlefield was $260,000 in October 2024, up 1% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | - | N/A |
| 2 Bedrooms | $160K | $156.5K | -2.2% |
| 3 Bedrooms | $263.3K | $290K | +10.1% |
| 4 Bedrooms | $294K | $341.5K | +16.2% |
| 5+ Bedrooms | $1.1M | $227K | -81.1% |
Summary: Middlefield 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 decreased by 2.2%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes decreased by 81.1%.
Median Sold Price Compared To Nearby Cities
| Burton Township | $240K | $265K | +10.4% |
| Middlefield | $257.5K | $260K | +1.0% |
| Middlefield Township | $257.5K | $260K | +1.0% |
Housing Supply in Middlefield, OH
How many homes are available in Middlefield, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The Middlefield real estate market had 25 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Middlefield 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Middlefield, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Middlefield in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 45 Days | -13.3% |
Summary: Homes in Middlefield had an average of 45 days on market in Oct 2024, down by 13.3% 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
Key Takeaway
Many homes in Middlefield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Middlefield; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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