Philo

Nestled in Muskingum County, this small Ohio village of 788 residents carries a median household income of $45,833 and an owner-occupied rate of 58.3%, reflecting a community where renters and owners share the housing stock in moderate proportion. The local market is currently compact, with just six active listings available to prospective buyers. The median home price sits at $264,950, with properties averaging 1,611 square feet and a price per square foot of $157. Those figures suggest buyers can find reasonably sized homes without the steeper per-foot costs common in larger Ohio markets. Families with children would fall under the Franklin Local School District. The limited inventory means competition for available properties could be meaningful, and sellers may benefit from the constrained supply. Buyers relocating to the area should be prepared to act with some urgency given how few options are on the market at any given time.

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