Is Fairfield Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fairfield Township has remained a Seller's Market.
Housing Prices in Fairfield Township, OH
How much do homes in Fairfield Township, OH cost?
Median Sold Price
$253,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fairfield Township was $253,000 in May 2024, up 2.4% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $162.5K | $154.5K | -4.9% |
3 Bedrooms | $249K | $255K | +2.4% |
4 Bedrooms | $298.7K | $352K | +17.8% |
5+ Bedrooms | $440K | $344K | -21.8% |
Summary: Fairfield Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 21.8%.
Median Sold Price Compared To Nearby Cities
Pleasant Township | $306.7K | $345K | +12.5% |
Fairfield Township | $247K | $253K | +2.4% |
Pleasant Township | $238.5K | $229.4K | -3.8% |
Darby Township | $289.9K | $260K | -10.3% |
Housing Supply in Fairfield Township, OH
How many homes are available in Fairfield Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 30 | +30.4% |
Summary: The Fairfield Township real estate market had 30 homes for sale in May 2024, a 30.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 9 | +200.0% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fairfield Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Fairfield Township in May 2024, up by 22.2% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.
Days on Market for Fairfield Township, OH
How long does it take to sell a home in Fairfield Township, OH?
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Fairfield Township; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.