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 November 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

$189,900

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,150(+6.2%)

Key Takeaway

Homes in Zanesville have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Zanesville was $189,900 in November 2024, up 6.2% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $138.9K$96.5K
-30.6%
2 $129.5K$142.2K
+9.8%
3 $196.3K$215.2K
+9.6%
4 $258.3K$222.2K
-14.0%
5+ $223.7K$239K
+6.8%

Summary: Zanesville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.6%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Cities

Springfield Township
+9.8%
Falls Township
+7.8%
Zanesville
+6.2%
Muskingum Township
-4.3%
Washington Township
-5.8%

Housing Supply in Zanesville, OH

How many homes are available in Zanesville, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
198193-2.5%

Summary: The Zanesville real estate market had 193 homes for sale in November 2024, a 2.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3734
-8.1%
3 126117
-7.1%
4 2434
+41.7%
5+ 118
-27.3%

Summary: The Zanesville 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 decreased by 8.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4638-17.4%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 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. 48.6% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Zanesville in November 2024, down by 17.4% month-over-month. Of the 37 sold homes, 49% were sold under asking, 32% were sold at asking, and 19% 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

Nov 2023Nov 2024CHANGE
40 Days38 Days-4.2%

Summary: Homes in Zanesville had an average of 38 days on market in Nov 2024, down by 4.2% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

3 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 November 2024, 38 homes were sold in Zanesville; 42% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 8% 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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