Is Zanesville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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 March 2023
Key Takeaway
Homes in Zanesville have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Zanesville was $175,000 in March 2024, up 9.4% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.7K | $110.5K | +23.1% |
| 2 Bedrooms | $122K | $130K | +6.6% |
| 3 Bedrooms | $174.9K | $199.9K | +14.3% |
| 4 Bedrooms | $209.5K | $230K | +9.8% |
| 5+ Bedrooms | $177.5K | $265K | +49.3% |
Summary: Zanesville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 49.3%.
Median Sold Price Compared To Nearby Cities
| Washington Township | $198.4K | $240K | +21.0% |
| Falls Township | $230K | $255K | +10.9% |
| Springfield Township | $161.1K | $177.8K | +10.3% |
| Zanesville | $159.9K | $175K | +9.4% |
| Muskingum Township | $285K | $310K | +8.8% |
Housing Supply in Zanesville, OH
How many homes are available in Zanesville, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 185 | 202 | +9.2% |
Summary: The Zanesville real estate market had 202 homes for sale in March 2024, a 9.2% increase 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 | 48 | 44 | -8.3% |
| 3 Bedrooms | 108 | 117 | +8.3% |
| 4 Bedrooms | 22 | 30 | +36.4% |
| 5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The Zanesville 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 8.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 55 | +27.9% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Zanesville, you may be able to get a good deal. 47.3% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in Zanesville in March 2024, up by 27.9% month-over-month. Of the 55 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 49 Days | -7.5% |
Summary: Homes in Zanesville had an average of 49 days on market in Mar 2024, down by 7.5% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
9 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 March 2024, 55 homes were sold in Zanesville; 47% of homes were sold within 30 days, 36% 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.