Is Philo, OH 43771 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Philo is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market252Listing to accepted offer
Median price per sq ft$147▼ −9.1% vs. last year

The Philo housing market right now

In the three months ending August 31, 2026, 0% of homes in Philo, OH 43771 sold above their list price, the typical home went under contract in 252 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (37 days then) and the median sale price fell 8% to $164,929. Overall, Philo is less competitive than a year ago, which gives buyers more room.

Within Muskingum County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Frazeysburg 43822 (42% sold over asking) and Trinway 43842 (33% sold over asking) are even more competitive.

Nearby markets

Adamsville 43802Buyer’s market $228 /sq ftBlue Rock 43720Balanced $61 /sq ftChandlersville 43727Seller’s market $175 /sq ftDresden 43821Seller’s market $210 /sq ft Browse all markets →

Where Philo is

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Questions about Philo real estate

Is Philo a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Philo, OH 43771 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Philo?

The typical home went under contract in 252 days in the latest three months.

Do homes in Philo sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.

What are property taxes in Philo?

About 0.91% of a home’s value a year in Muskingum County, or roughly $3,640 on a $400,000 home.

What is the median home price in Philo?

The median sale price was $164,929 in the three months ending August 31, 2026, about $147 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology