Is Falls Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Falls Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Falls Township was a Seller's Market.

Key Takeaway

Falls Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Falls Township, OH

How much do homes in Falls Township, OH cost?

Median Sold Price

$265,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,250(+7.8%)

Key Takeaway

Homes in Falls Township have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Falls Township was $265,000 in November 2024, up 7.8% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $149.9K-
N/A
2 $138.5K$210K
+51.6%
3 $242.9K$265K
+9.1%
4 $397.5K$325K
-18.2%
5+ $335K$257.7K
-23.1%

Summary: Falls Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 23.1%.

Median Sold Price Compared To Nearby Cities

Falls Township
+7.8%
Zanesville
+6.2%
Muskingum Township
-4.3%
Washington Township
-5.8%

Housing Supply in Falls Township, OH

How many homes are available in Falls Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3538+8.6%

Summary: The Falls Township real estate market had 38 homes for sale in November 2024, a 8.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2729
+7.4%
4 35
+66.7%
5+ 33
0.0%

Summary: The Falls Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Falls Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Falls Township in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Falls Township, OH

How long does it take to sell a home in Falls Township, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days59 Days+46.1%

Summary: Homes in Falls Township had an average of 59 days on market in Nov 2024, up by 46.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Falls Township has remained consistent over time.

Summary: During November 2024, 6 homes were sold in Falls Township; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Falls Township, OH

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What housing markets are near Falls Township, OH?