Is Westfield 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, Westfield Township has remained a Seller's Market.
Housing Prices in Westfield Township, OH
How much do homes in Westfield Township, OH cost?
Median Sold Price
$306,250
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Westfield Township was $306,250 in May 2024, down 0.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $190K | - | N/A |
3 Bedrooms | $300K | $315K | +5.0% |
4 Bedrooms | $313K | $301.2K | -3.8% |
5+ Bedrooms | $319.9K | - | N/A |
Summary: Westfield 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 did not change, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Gloria Glens Park | $183.5K | $219K | +19.3% |
Westfield Center | $310K | $350K | +12.9% |
Seville | $293.4K | $325K | +10.7% |
Westfield Township | $309K | $306.2K | -0.9% |
Seville Village Township | $262.7K | $253K | -3.7% |
Housing Supply in Westfield Township, OH
How many homes are available in Westfield Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The Westfield Township real estate market had 9 homes for sale in May 2024, a 28.6% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Westfield 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Westfield Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Westfield Township, OH
How long does it take to sell a home in Westfield Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 36 Days | +97.3% |
Summary: Homes in Westfield Township had an average of 36 days on market in May 2024, up by 97.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Westfield Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.