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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zanesville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Zanesville, OH

How much do homes in Zanesville, OH cost?

Median Sold Price

$187,839

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,039(+7.5%)

Key Takeaway

Homes in Zanesville have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Zanesville was $187,839 in October 2024, up 7.5% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $128K$96.5K
-24.6%
2 $131K$141K
+7.6%
3 $194K$210K
+8.2%
4 $255K$233K
-8.6%
5+ $240K$209.2K
-12.8%

Summary: Zanesville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.6%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 12.8%.

Median Sold Price Compared To Nearby Cities

Falls Township
+10.5%
Zanesville
+7.5%
Springfield Township
+6.2%
Muskingum Township
-2.7%

Housing Supply in Zanesville, OH

How many homes are available in Zanesville, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
178205+15.2%

Summary: The Zanesville real estate market had 205 homes for sale in October 2024, a 15.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 4038
-5.0%
3 105128
+21.9%
4 2328
+21.7%
5+ 1011
+10.0%

Summary: The 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 decreased by 5%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3843+13.2%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zanesville, you may be able to get a good deal. 48.8% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Zanesville in October 2024, up by 13.2% month-over-month. Of the 43 sold homes, 49% were sold under asking, 28% were sold at asking, and 23% were sold over asking.

Days on Market for Zanesville, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days42 Days-15.8%

Summary: Homes in Zanesville had an average of 42 days on market in Oct 2024, down by 15.8% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Zanesville has remained consistent over time.

Summary: During October 2024, 43 homes were sold in Zanesville; 33% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 9% 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

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