Is Zanesville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$175,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Zanesville have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Zanesville was $175,000 in April 2024, up 8.2% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $136K | +60.0% |
| 2 Bedrooms | $122.5K | $131K | +6.9% |
| 3 Bedrooms | $178K | $200K | +12.4% |
| 4 Bedrooms | $202.5K | $242K | +19.5% |
| 5+ Bedrooms | $180K | $239.5K | +33.1% |
Summary: Zanesville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 33.1%.
Median Sold Price Compared To Nearby Cities
| Washington Township | $199.2K | $240K | +20.5% |
| Falls Township | $225K | $259.9K | +15.5% |
| Zanesville | $161.6K | $175K | +8.2% |
| Springfield Township | $165K | $178.4K | +8.1% |
| Muskingum Township | $300K | $312K | +4.0% |
Housing Supply in Zanesville, OH
How many homes are available in Zanesville, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 199 | 191 | -4.0% |
Summary: The Zanesville real estate market had 191 homes for sale in April 2024, a 4.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 45 | 41 | -8.9% |
| 3 Bedrooms | 112 | 111 | -0.9% |
| 4 Bedrooms | 32 | 28 | -12.5% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Zanesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.9%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 | 61 | 0.0% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Zanesville, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Zanesville in April 2024, the same as the previous month. Of the 61 sold homes, 54% were sold under asking, 18% were sold at asking, and 28% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 43 Days | -3.7% |
Summary: Homes in Zanesville had an average of 43 days on market in Apr 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Zanesville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 61 homes were sold in Zanesville; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.