New - 15 hours on Rocket
$1,661 Closing Credit¹
#5100010, Michael Azzam, Listing Office: RE/MAX Haven Realty
Fairfax Housing Market Report January 2025•Cuyahoga County, Ohio
Housing Prices in Fairfax, OH
How much do homes in Fairfax, OH cost?
Housing Market Conditions
Is Fairfax, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fairfax is a Buyer's Market
Difference Since January 2024
At the same time last year, Fairfax was a Seller's Market.
Insight
Fairfax is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$110,500$63/SqFt
-$5,500
-4.7%
Based on all homes sold in the last 12 months
Insight
Homes in Fairfax have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Fairfax was $110,500 in January 2025, down 4.7% from last year, and the median price per square foot was $63.
Median Sold Price By Neighborhoods
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Buckeye-Woodhill | $70K | $74K | +5.7% |
| Fairfax | $116K | $110.5K | -4.7% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $195K | $122.5K | -37.2% |
| 33 Bedrooms | $280K | $292.9K | +4.6% |
| 44 Bedrooms | $80K | $105K | +31.3% |
| 55+ Bedrooms | $55K | $60K | +9.1% |
Summary: Fairfax housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -37.2%. The home price for 3 bedroom homes increased by +4.6%. The home price for 4 bedroom homes increased by +31.3%. The home price for 5 bedroom homes increased by +9.1%.
Housing supply in Fairfax, OH
How many homes are available in Fairfax, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthJan 2025 | ||
| 142 months agoDec 2024 | -7.1 % Change MoMDec – Jan |
Summary: The Fairfax real estate market had 13 homes for sale in Jan 2025, a 7.1 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 42 months agoDec 2024 | -75.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 33 Bedrooms | 3 | 5 | +66.7% |
| 44 Bedrooms | 3 | 1 | -66.7% |
| 55+ Bedrooms | 8 | 7 | -12.5% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
Summary: Fairfax housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 3 bedroom homes increased by +66.7%. The inventory for 4 bedroom homes decreased by -66.7%. The inventory for 5 bedroom homes decreased by -12.5%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fairfax, OH cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Fairfax, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Fairfax in January 2025, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Fairfax, OH
How long does it take to sell a home in Fairfax, OH?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Fairfax are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 1 homes were sold in Fairfax; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 177 DaysThis YearJan 2025 | ||
| 106 Days1 year agoJan 2024 | +66.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Fairfax had an average listing age of 177 days in Jan 2025, up by 66.5% compared to the previous year.
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Newest Listings in Fairfax, OH
What homes are available in Fairfax, OH?
New - 4 days on Rocket
$2,363 Closing Credit¹
#5099245, John Glatz, Listing Office: Ziegler McCrae Real Estate, LLC
New - 7 days on Rocket
$2,553 Closing Credit¹
#5098424, Aimee Neiman, Listing Office: Keller Williams Chervenic Rlty
$4,749 Closing Credit¹
#5095888, Dorit Sade, Listing Office: Berkshire Hathaway HomeServices Professional Realty
$4,275 Closing Credit¹
#5092895, Doxie M Jelks, Listing Office: Keller Williams Living
$475 Closing Credit¹
#5085777, Terry Young, Listing Office: Keller Williams Greater Metropolitan
$4,394 Closing Credit¹
#5084732, Sarah Hendershot, Listing Office: Redfin Real Estate Corporation
$4,393 Closing Credit¹
#5083303, Bonnie Phillips, Listing Office: Redfin Real Estate Corporation
#5054579, Portia Sharp, Listing Office: Keller Williams Greater Metropolitan
Backup offers
$1,413 Closing Credit¹
#5022532, John H Fitch, Listing Office: Market First Real Estate Services
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 02/01/2023 - 02/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.