Is Suffield 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, Suffield Township has remained a Seller's Market.
Housing Prices in Suffield Township, OH
How much do homes in Suffield Township, OH cost?
Median Sold Price
$259,900
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Suffield Township was $259,900 in April 2024, up 10.4% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $33K | - | N/A |
2 Bedrooms | $182K | $256.5K | +40.9% |
3 Bedrooms | $226K | $250K | +10.6% |
4 Bedrooms | $290K | $335K | +15.5% |
5+ Bedrooms | $450K | $350K | -22.2% |
Summary: Suffield 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 40.9%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes decreased by 22.2%.
Median Sold Price Compared To Nearby Cities
Mogadore | $205.5K | $231.7K | +12.7% |
Mogadore | $205K | $228.2K | +11.3% |
Suffield Township | $235.5K | $259.9K | +10.4% |
Lake Township | $275K | $291.2K | +5.9% |
Brimfield Township | $260K | $246.5K | -5.2% |
Housing Supply in Suffield Township, OH
How many homes are available in Suffield Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Summary: The Suffield Township real estate market had 16 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 12 | 7 | -41.7% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Suffield 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 remained the same, 3 bedroom homes decreased by 41.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Suffield Township in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 24 Days | +31.5% |
Summary: Homes in Suffield Township had an average of 24 days on market in Apr 2024, up by 31.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 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.