Is Fairfield County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fairfield County has remained a Seller's Market.
Housing Prices in Fairfield County, OH
How much do homes in Fairfield County, OH cost?
Median Sold Price
$326,989
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fairfield County was $326,989 in April 2024, up 8.8% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $95K | +46.2% |
2 Bedrooms | $168.9K | $190K | +12.4% |
3 Bedrooms | $270.3K | $284.9K | +5.4% |
4 Bedrooms | $375K | $419.9K | +12.0% |
5+ Bedrooms | $512K | $515K | +0.6% |
Summary: Fairfield County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Counties
Fairfield County | $300.4K | $326.9K | +8.8% |
Perry County | $215.9K | $232.5K | +7.7% |
Pickaway County | $272K | $291.3K | +7.1% |
Franklin County | $284.9K | $302.7K | +6.2% |
Hocking County | $251K | $260K | +3.6% |
Housing Supply in Fairfield County, OH
How many homes are available in Fairfield County, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
606 | 684 | +12.9% |
Summary: The Fairfield County real estate market had 684 homes for sale in April 2024, a 12.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 73 | 77 | +5.5% |
3 Bedrooms | 265 | 298 | +12.5% |
4 Bedrooms | 206 | 241 | +17.0% |
5+ Bedrooms | 54 | 57 | +5.6% |
Summary: The Fairfield County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
141 | 158 | +12.1% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
71 Homes Were Sold
Over Asking
Summary: A total of 158 homes were sold or pending in Fairfield County in April 2024, up by 12.1% month-over-month. Of the 158 sold homes, 34% were sold under asking, 22% were sold at asking, and 45% were sold over asking.
Days on Market for Fairfield County, OH
How long does it take to sell a home in Fairfield County, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 21 Days | +13.7% |
Summary: Homes in Fairfield County had an average of 21 days on market in Apr 2024, up by 13.7% compared to last year.
Breakdown of Home Sale Times
128 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 158 homes were sold in Fairfield County; 81% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.