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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Muskingum Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Muskingum Township was a Seller's Market.

Key Takeaway

Muskingum Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Muskingum Township, OH

How much do homes in Muskingum Township, OH cost?

Median Sold Price

$240,000

$117/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$87,500(-26.7%)

Key Takeaway

Homes in Muskingum Township have sold for 26.7% less than they did a month ago.

Summary: The median home sold price in Muskingum Township was $240,000 in November 2024, down 26.7% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$220K
N/A
3 $260K$337.5K
+29.8%
4 $315K-
N/A
5+ $390K-
N/A

Summary: Muskingum Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Muskingum Township, OH

How many homes are available in Muskingum Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1822+22.2%

Summary: The Muskingum Township real estate market had 22 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1014
+40.0%
4 34
+33.3%
5+ 21
-50.0%

Summary: The Muskingum 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Muskingum 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 3 homes were sold or pending in Muskingum Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Muskingum Township, OH

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

Average Sale Time

Oct 2024Nov 2024CHANGE
98 Days42 Days-56.7%

Summary: Homes in Muskingum Township had an average of 42 days on market in Nov 2024, down by 56.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Muskingum Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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

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