$4,155 Closing Credit*
$349,900
1,440 SqFt
2 Beds
•1 Full Bath, 1 Partial
#224043994, Daniel L Robison, Listing Office: LEPI & ASSOCIATES
Is Falls Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Falls Township has remained a Seller's Market.
Key Takeaway
Falls Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Falls Township, OH
How much do homes in Falls Township, OH cost?
Median Sold Price
$265,900
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$20,900(+8.5%)
Key Takeaway
Homes in Falls Township have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Falls Township was $265,900 in December 2024, up 8.5% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.9K | - | N/A |
| 2 Bedrooms | $141.7K | $210K | +48.1% |
| 3 Bedrooms | $241.3K | $265K | +9.8% |
| 4 Bedrooms | $375K | $340K | -9.3% |
| 5+ Bedrooms | $335K | $265K | -20.9% |
Summary: Falls Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.1%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 20.9%.
Median Sold Price Compared To Nearby Cities
| Zanesville | $177.2K | $198K | +11.7% |
| Falls Township | $245K | $265.9K | +8.5% |
| Washington Township | $246K | $240K | -2.4% |
| Hopewell Township | $321.4K | $257.4K | -19.9% |
Housing Supply in Falls Township, OH
How many homes are available in Falls Township, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 43 | 46 | +7.0% |
Summary: The Falls Township real estate market had 46 homes for sale in December 2024, a 7.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 33 | 33 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Falls Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Falls Township, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Falls Township in December 2024, up by 57.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 11 Days | 55 Days | +400.0% |
Summary: Homes in Falls Township had an average of 55 days on market in Dec 2024, up by 400% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Falls Township has remained consistent over time.
Summary: During December 2024, 11 homes were sold in Falls Township; 18% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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