Is Muskingum County, 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, Muskingum County has remained a Seller's Market.
Key Takeaway
Muskingum County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Muskingum County, OH
How much do homes in Muskingum County, OH cost?
Median Sold Price
$199,854
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Muskingum County have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Muskingum County was $199,854 in May 2024, up 11.3% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $136K | +13.3% |
| 2 Bedrooms | $126.7K | $140.5K | +10.9% |
| 3 Bedrooms | $189.7K | $214.4K | +13.0% |
| 4 Bedrooms | $249.9K | $270K | +8.0% |
| 5+ Bedrooms | $260K | $257K | -1.2% |
Summary: Muskingum County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Counties
| Muskingum County | $179.5K | $199.8K | +11.3% |
| Coshocton County | $140K | $154.3K | +10.2% |
| Perry County | $215.8K | $235K | +8.9% |
| Guernsey County | $158.8K | $160.6K | +1.1% |
| Morgan County | $169.4K | $154.6K | -8.7% |
Housing Supply in Muskingum County, OH
How many homes are available in Muskingum County, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 276 | 278 | +0.7% |
Summary: The Muskingum County real estate market had 278 homes for sale in May 2024, a 0.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 54 | 48 | -11.1% |
| 3 Bedrooms | 147 | 147 | 0.0% |
| 4 Bedrooms | 55 | 59 | +7.3% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Muskingum County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 92 | 87 | -5.4% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muskingum County, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.
Summary: A total of 87 homes were sold or pending in Muskingum County in May 2024, down by 5.4% month-over-month. Of the 87 sold homes, 49% were sold under asking, 16% were sold at asking, and 34% were sold over asking.
Days on Market for Muskingum County, OH
How long does it take to sell a home in Muskingum County, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 36 Days | 52 Days | +43.6% |
Summary: Homes in Muskingum County had an average of 52 days on market in May 2024, up by 43.6% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Muskingum County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 87 homes were sold in Muskingum County; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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