Is Muskingum Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Muskingum Township was a Seller's Market.
Key Takeaway
Muskingum Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Muskingum Township, OH
How much do homes in Muskingum Township, OH cost?
Median Sold Price
$310,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Muskingum Township have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Muskingum Township was $310,000 in March 2024, up 8.8% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $211.4K | $212.5K | 0.5% |
| 3 Bedrooms | $245K | $312K | +27.3% |
| 4 Bedrooms | $360K | $299K | -16.9% |
| 5+ Bedrooms | $345K | $590K | +71.0% |
Summary: Muskingum Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes increased by 71%.
Median Sold Price Compared To Nearby Cities
| Washington Township | $198.4K | $240K | +21.0% |
| Zanesville | $159.9K | $175K | +9.4% |
| Muskingum Township | $285K | $310K | +8.8% |
| Madison Township | $195K | $199.5K | +2.3% |
Housing Supply in Muskingum Township, OH
How many homes are available in Muskingum Township, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The Muskingum Township real estate market had 14 homes for sale in March 2024, a 22.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Muskingum Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muskingum Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Muskingum Township in March 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 139 Days | +416.7% |
Summary: Homes in Muskingum Township had an average of 139 days on market in Mar 2024, up by 416.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Muskingum Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 2 homes were sold in Muskingum Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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