$1,781 Closing Credit*
$150,000
1,207 SqFt
2 Beds
•2 Full Baths
Christopher Stanley, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
Is Northfield, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Northfield has remained a Seller's Market.
Key Takeaway
Northfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northfield, OH
How much do homes in Northfield, OH cost?
Median Sold Price
$246,400
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$3,600(-1.4%)
Key Takeaway
Homes in Northfield have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Northfield was $246,400 in December 2024, down 1.4% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120.4K | $126K | +4.6% |
| 2 Bedrooms | $172.8K | $201K | +16.3% |
| 3 Bedrooms | $231.3K | $260K | +12.4% |
| 4 Bedrooms | $368K | $380K | +3.3% |
| 5+ Bedrooms | $402.4K | $457.5K | +13.7% |
Summary: Northfield housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Cities
| Macedonia | $300K | $315K | +5.0% |
| Sagamore Hills Township | $273K | $278.5K | +2.0% |
| Northfield | $250K | $246.4K | -1.4% |
Housing Supply in Northfield, OH
How many homes are available in Northfield, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 59 | 46 | -22.0% |
Summary: The Northfield real estate market had 46 homes for sale in December 2024, a 22.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 30 | 17 | -43.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Northfield housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 43.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northfield, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Northfield in December 2024, down by 26.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for Northfield, OH
How long does it take to sell a home in Northfield, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 33 Days | 33 Days | -1.6% |
Summary: Homes in Northfield had an average of 33 days on market in Dec 2024, down by 1.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northfield are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 14 homes were sold in Northfield; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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