Is South Zanesville, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Zanesville is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, South Zanesville was a Neutral Market.

Key Takeaway

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

Housing Prices in South Zanesville, OH

How much do homes in South Zanesville, OH cost?

Median Sold Price

$131,500

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,750(-8.8%)

Key Takeaway

Homes in South Zanesville have sold for 8.8% less than they did a year ago.

Summary: The median home sold price in South Zanesville was $131,500 in October 2024, down 8.8% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$136K
N/A
2 $137.5K$111K
-19.3%
3 $156.2K$183K
+17.2%
4 $55K$65K
+18.2%
5+ --
N/A

Summary: South Zanesville 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 decreased by 19.3%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Newton Township
+24.3%
Zanesville
+7.5%
Springfield Township
+6.2%
South Zanesville
-8.8%

Housing Supply in South Zanesville, OH

How many homes are available in South Zanesville, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The South Zanesville real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The South Zanesville 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Zanesville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in South Zanesville in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for South Zanesville, OH

How long does it take to sell a home in South Zanesville, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days16 Days+10.0%

Summary: Homes in South Zanesville had an average of 16 days on market in Oct 2024, up by 10% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Zanesville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in South Zanesville; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

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