Philo

Tucked into Muskingum County, this small community of roughly 788 residents carries a median home price of $329,950 and a price per square foot of $176, figures that reflect steady demand despite a limited inventory of just eight active listings. The average home size of 1,671 square feet suits the largely owner-occupied housing stock, with 58.3% of residents owning their homes. That ownership rate, combined with a median household income of $45,833, suggests buyers here are committed to the area for the long term rather than treating it as a transient market. Families with school-age children fall under the Franklin Local School District. The thin inventory means that well-priced properties in good condition are unlikely to sit long, and prospective buyers should be prepared to move quickly when suitable homes become available. Sellers, meanwhile, benefit from that same scarcity, which supports pricing power in an otherwise modest-income market.

Market description generated from current MLS and U.S. Census data.