$3,325 Closing Credit*
$280,000
2,254 SqFt
4 Beds
•2 Full Baths, 1 Partial
Robert E Dale, Listing Office: EXP Realty, LLC.
Is Suffield Township, 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, Suffield Township has remained a Seller'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
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,050(-5.7%)
Key Takeaway
Homes in Suffield Township have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in Suffield Township was $250,000 in October 2024, down 5.7% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $33K | - | N/A |
| 2 Bedrooms | $257.5K | $178K | -30.9% |
| 3 Bedrooms | $255K | $249.9K | -2.0% |
| 4 Bedrooms | $342.5K | $275.5K | -19.6% |
| 5+ Bedrooms | $351K | $363K | +3.4% |
Summary: Suffield 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 30.9%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Brimfield Township | $243K | $275K | +13.2% |
| Mogadore | $225K | $245K | +8.9% |
| Mogadore | $224.9K | $245K | +8.9% |
| Lake Township | $290K | $298K | +2.8% |
| Suffield Township | $265K | $250K | -5.7% |
Housing Supply in Suffield Township, OH
How many homes are available in Suffield Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Suffield Township real estate market had 13 homes for sale in October 2024, a 8.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Suffield 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 decreased by 50%, 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 |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 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 Suffield Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Suffield Township in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 66 Days | +1096.2% |
Summary: Homes in Suffield Township had an average of 66 days on market in Oct 2024, up by 1096.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Suffield Township has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Suffield Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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