Is Williamsfield, 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, Williamsfield has remained a Seller's Market.
Key Takeaway
Williamsfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Williamsfield, OH
How much do homes in Williamsfield, OH cost?
Median Sold Price
$145,500
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Williamsfield have sold for 26.5% more than they did a year ago.
Summary: The median home sold price in Williamsfield was $145,500 in May 2024, up 26.5% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $150K | +42.9% |
| 3 Bedrooms | $115K | $125K | +8.7% |
| 4 Bedrooms | $395K | $220K | -44.3% |
| 5+ Bedrooms | $95K | - | N/A |
Summary: Williamsfield 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 increased by 42.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 44.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Williamsfield | $115K | $145.5K | +26.5% |
| Williamsfield Township | $115K | $135K | +17.4% |
| Andover Township | $147.5K | $157.9K | +7.1% |
Housing Supply in Williamsfield, OH
How many homes are available in Williamsfield, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Summary: The Williamsfield real estate market had 10 homes for sale in May 2024, a 42.9% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Williamsfield 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 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Williamsfield, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Williamsfield in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Williamsfield, OH
How long does it take to sell a home in Williamsfield, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 273 Days | 28 Days | -89.7% |
Summary: Homes in Williamsfield had an average of 28 days on market in May 2024, down by 89.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Williamsfield are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Williamsfield; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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