Question 1

What is the median sold price in Tofield?

Accepted Answer

The median sold price in Tofield is $257,500 based on 117 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Tofield?

Accepted Answer

The average sold price in Tofield is $235,684. Note that the average ($235,684) is lower than the median ($257,500), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Tofield?

Accepted Answer

Home prices in Tofield range from $22,000 to $490,000 based on recent sales data. This $468,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Tofield selling above or below asking price?

Accepted Answer

On average, homes in Tofield are selling at 96.6% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Tofield?

Accepted Answer

Homes in Tofield are selling in an average of 227 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Tofield?

Accepted Answer

The average price per square foot in Tofield is $217. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $434,000.

Question 7

How active is the real estate market in Tofield?

Accepted Answer

The Tofield market has seen 117 home sales over the past 2 years, with 21 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

What types of properties are selling in Tofield?

Accepted Answer

The most common property types selling in Tofield are: detached single family (98 sold, avg $242,741), condo (rae) (13 sold, avg $171,962), land lease community (4 sold, avg $55,725). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Tofield?

Accepted Answer

Detached homes in Tofield are selling for an average of $242,741, with 98 sales over the past 2 years.

Question 10

How much do condos cost in Tofield?

Accepted Answer

Condos and apartments in Tofield are selling for an average of $171,962, with 13 sales over the past 2 years. Condos typically offer a more affordable entry point into the Tofield market.

Question 11

Are home prices rising or falling in Tofield?

Accepted Answer

Home prices in Tofield have increased by 67.6% over the past 2 years. The average sold price moved from $262,500 to $439,950. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 12

Is Tofield a buyer's or seller's market?

Accepted Answer

Based on current data, Tofield is a buyer's market. Homes are selling in 227 days on average and at 96.6% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Tofield?

Accepted Answer

In Tofield, 9% of homes sold above asking price, while 84% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 14

What are the average property taxes in Tofield?

Accepted Answer

The average annual property tax in Tofield is $2,339, with a median of $2,505. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 15

What size homes are selling in Tofield?

Accepted Answer

Homes selling in Tofield range from 657 to 2,510 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Tofield?

Accepted Answer

Tofield shows moderate price diversity with a standard deviation of $130,522 around the average price of $235,684. This wide range indicates a diverse market with options at many price points.

Question 17

Where can I find recently sold homes in Tofield?

Accepted Answer

You can view a comprehensive list of houses sold in Tofield right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 18

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 19

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Tofield.

Just Sold: Tofield Home Prices & Sale History

Tofield Sold Data Overview

Recently Sold in Tofield

Sold Data & Market Statistics for Tofield

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2-Year Market Trends: All Property Types

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