$2,730 Closing Credit*
$229,900
1,820 SqFt
3 Beds
•2 Full Baths, 2 Partial
Greg Stearn, Listing Office: RE/MAX Trends Realty
Is Suffield Township, 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, Suffield Township was a Buyer's Market.
Key Takeaway
Suffield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Suffield Township, OH
How much do homes in Suffield Township, OH cost?
Median Sold Price
$250,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,000(-6.4%)
Key Takeaway
Homes in Suffield Township have sold for 6.4% less than they did a year ago.
Summary: The median home sold price in Suffield Township was $250,000 in November 2024, down 6.4% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33K | - | N/A |
| 2 Bedrooms | $257.5K | $178K | -30.9% |
| 3 Bedrooms | $255K | $250K | -2.0% |
| 4 Bedrooms | $342.5K | $275.5K | -19.6% |
| 5+ Bedrooms | $351K | $356.5K | +1.6% |
Summary: Suffield Township 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 decreased by 30.9%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
| Brimfield Township | $240K | $281K | +17.1% |
| Mogadore | $225K | $249.9K | +11.1% |
| Mogadore | $224.9K | $249.9K | +11.1% |
| Lake Township | $290K | $300K | +3.4% |
| Suffield Township | $267K | $250K | -6.4% |
Housing Supply in Suffield Township, OH
How many homes are available in Suffield Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Suffield Township real estate market had 11 homes for sale in November 2024, a 15.4% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Suffield Township 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 remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Suffield Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Suffield Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Suffield Township, OH
How long does it take to sell a home in Suffield Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 17 Days | +23.8% |
Summary: Homes in Suffield Township had an average of 17 days on market in Nov 2024, up by 23.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Suffield Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Suffield Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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