$2,671 Closing Credit*
$224,900
1,563 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jenna L Johnson, Listing Office: WhiteStone Real Estate
Is Sheffield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sheffield Township was a Seller's Market.
Key Takeaway
Sheffield Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sheffield Township, OH
How much do homes in Sheffield Township, OH cost?
Median Sold Price
$156,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+19.1%)
Key Takeaway
Homes in Sheffield Township have sold for 19.1% more than they did a year ago.
Summary: The median home sold price in Sheffield Township was $156,000 in October 2024, up 19.1% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $97.5K | $105K | +7.7% |
| 3 Bedrooms | $138.5K | $157K | +13.4% |
| 4 Bedrooms | $160K | $175K | +9.4% |
| 5+ Bedrooms | $224.9K | - | N/A |
Summary: Sheffield Township 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 increased by 7.7%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes did not change.
Housing Supply in Sheffield Township, OH
How many homes are available in Sheffield Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Summary: The Sheffield Township real estate market had 14 homes for sale in October 2024, a 75.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 10 | +66.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sheffield Township 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 increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sheffield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Sheffield Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sheffield Township, OH
How long does it take to sell a home in Sheffield Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 36 Days | +10.6% |
Summary: Homes in Sheffield Township had an average of 36 days on market in Oct 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sheffield Township has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Sheffield Township; 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.
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