$2,374 Closing Credit*
$199,900
2,582 SqFt
4 Beds
•3 Full Baths, 1 Partial
Michael Milec, Listing Office: Cutler Real Estate
Is West Farmington, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, West Farmington has remained a Seller's Market.
Key Takeaway
West Farmington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Farmington, OH
How much do homes in West Farmington, OH cost?
Median Sold Price
$35,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
-$275,250(-88.7%)
Key Takeaway
Homes in West Farmington have sold for 88.7% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | - | N/A |
| 3 Bedrooms | - | $35K | N/A |
| 4 Bedrooms | $430.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: West Farmington housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in West Farmington, OH
How many homes are available in West Farmington, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The West Farmington real estate market had 5 homes for sale in November 2024, a 16.7% 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 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Farmington 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Farmington, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in West Farmington in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Farmington, OH
How long does it take to sell a home in West Farmington, OH?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 21 Days | -6.7% |
Summary: Homes in West Farmington had an average of 21 days on market in Nov 2024, down by 6.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Farmington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in West Farmington; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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