Moving doesn’t have to be so stressful. Here are simple ways to stay organized and make the process smoother.
Newly released data from Realtor.com for May shows that potential buyers and sellers in Muskingum County saw higher home sale prices than the previous month’s median of $232,000.
The median home sold for $265,950, an analysis of data from Realtor.com shows. That means May, the most recent month for which figures are available, was up 14.6% from April.
Compared to May 2024, the median home sales price was up 40.9% compared to $188,700.
Realtor.com sources sales data from real estate deeds, resulting in a few months’ delay in the data. The statistics don’t include homes currently listed for sale and aren’t directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.zanesvilletimesrecorder.com.
Here is a breakdown on median sale prices:
-
Looking only at single-family homes, the $262,000 median selling price in Muskingum County was up 17.7% in May from $222,667 the month prior. Since May 2024, the sales price of single-family homes was up 39.7% from a median of $187,500.No single-family homes sold for $1 million or more during the month.
-
Condominiums and townhomes increased by 152.2% in sales price during May to a median of $911,333 from $361,333 in April. Compared to May 2024, the sales price of condominiums and townhomes was up 356.8% from $199,500. Two condominiums or townhomes sold for $1 million or more during the month, compared to zero recorded transactions of at least $1 million in May 2024.
About recorded home sales in Muskingum County in Ohio
In May, the number of recorded sales in Muskingum County dropped by 12.5% since May 2024 – from 120 to 105. All residential home sales totaled $31.5 million.
Across Ohio, homes sold at a median of $242,539 during May, up 5.5% from $230,000 in April. There were 13,036 recorded sales across the state during May, down 11.8% from 14,780 recorded sales in May 2024.
Here’s a breakdown for the full state:
-
The total value of recorded residential home sales in Ohio increased by 21.6% from $3.8 billion in April to $4.6 billion this May.
-
Out of all residential home sales in Ohio, 2.53% of homes sold for at least $1 million in May, up from 1.51% in May 2024.
-
Sales prices of single-family homes across Ohio increased by 7.4% from a median of $227,808 in April to $244,595 in May. Since May 2024, the sales price of single-family homes across the state was up 7.7% from $227,187.
-
Across the state, the sales price of condominiums and townhomes dropped 4.9% from a median of $249,850 in April to $237,500 during May. The median sales price of condominiums and townhomes is up 3.2% from the median of $230,150 in May 2024.
The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what’s happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you.
Take this survey and share your thoughts with us.
{“uri”:“zanesvilletimesrecorder.com”,“dataType”:“news”,“title”:“Zanesville Times Recorder”,“description”:“This is the Twitter account for the Zanesville Times Recorder in Zanesville, Ohio. We’ve been covering news in the Muskingum Valley since 1852.”}zanesvilletimesrecorder.com