Is Sheffield Township, 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, Sheffield Township has remained a Seller's Market.
Housing Prices in Sheffield Township, OH
How much do homes in Sheffield Township, OH cost?
Median Sold Price
$139,250
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sheffield Township was $139,250 in April 2024, up 16% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $90K | $110K | +22.2% |
3 Bedrooms | $132.5K | $150K | +13.2% |
4 Bedrooms | $170K | $165K | -2.9% |
5+ Bedrooms | $220K | - | N/A |
Summary: Sheffield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes did not change.
Housing Supply in Sheffield Township, OH
How many homes are available in Sheffield Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 9 | -35.7% |
Summary: The Sheffield Township real estate market had 9 homes for sale in April 2024, a 35.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 4 | 1 | -75.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sheffield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 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
Summary: A total of 3 homes were sold or pending in Sheffield Township in April 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 Sheffield Township, OH
How long does it take to sell a home in Sheffield Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
102 Days | 108 Days | +5.6% |
Summary: Homes in Sheffield Township had an average of 108 days on market in Apr 2024, up by 5.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Sheffield Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.