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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Muskingum Township has remained a Seller's Market.

Key Takeaway

Muskingum Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Muskingum Township, OH

How much do homes in Muskingum Township, OH cost?

Median Sold Price

$325,365

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$9,135(-2.7%)

Key Takeaway

Homes in Muskingum Township have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Muskingum Township was $325,365 in October 2024, down 2.7% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $212.5K$304.9K
+43.5%
3 $334.5K$312K
-6.7%
4 $360K$365K
+1.4%
5+ $590K$653.5K
+10.8%

Summary: Muskingum Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.5%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Cities

Zanesville
+7.5%
Madison Township
+4.1%
Muskingum Township
-2.7%

Housing Supply in Muskingum Township, OH

How many homes are available in Muskingum Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1320+53.8%

Summary: The Muskingum Township real estate market had 20 homes for sale in October 2024, a 53.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 310
+233.3%
4 77
0.0%
5+ 33
0.0%

Summary: The Muskingum Township housing inventory by bedroom type for October 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 233.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Muskingum Township in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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 2023Oct 2024CHANGE
16 Days42 Days+152.2%

Summary: Homes in Muskingum Township had an average of 42 days on market in Oct 2024, up by 152.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 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 October 2024, 4 homes were sold in Muskingum Township; 25% of homes were sold within 30 days, 75% 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 20 Days Ago

Newest Listings in Muskingum Township, OH

Nearby Markets to Muskingum Township, OH

What housing markets are near Muskingum Township, OH?