$289,900
57.00 Acres
Land
LaDonna Smith, Listing Office: Berkshire Hathaway HomeServices Professional Realty
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 Neutral Market.
Key Takeaway
Sheffield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sheffield Township, OH
How much do homes in Sheffield Township, OH cost?
Median Sold Price
$249,900
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,900(+24.9%)
Key Takeaway
Homes in Sheffield Township have sold for 25% more than they did a year ago.
Summary: The median home sold price in Sheffield Township was $249,900 in October 2024, up 24.9% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193.2K | $105K | -45.7% |
| 3 Bedrooms | $158K | $241K | +52.5% |
| 4 Bedrooms | $300K | $249.9K | -16.7% |
| 5+ Bedrooms | $297K | $340K | +14.5% |
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 decreased by 45.7%, 3 bedroom homes increased by 52.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Cities
| Plymouth Township | $154.4K | $205.5K | +33.0% |
| Sheffield Township | $200K | $249.9K | +24.9% |
| Monroe Township | $315K | $338.7K | +7.5% |
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 | 11 | +37.5% |
Summary: The Sheffield Township real estate market had 11 homes for sale in October 2024, a 37.5% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sheffield Township, expect to pay close to the asking price. 50% of homes here sold near the 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, 0% were sold under asking, 50% were sold at asking, and 50% 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 |
|---|---|---|
| 49 Days | 81 Days | +66.3% |
Summary: Homes in Sheffield Township had an average of 81 days on market in Oct 2024, up by 66.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was 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, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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