Coshocton, OH Housing Market

Market Overview

Coshocton, OH earns a PropertyIQ Score of 90 out of 100, placing it in strong territory as a local housing market. The score is driven primarily by home value momentum: 12-month momentum of 12.89% and 3-month momentum of 2.48%. Additional top drivers include a median days on market of 60 days and a share of listings with a price cut at 20.9%. Together these suggest a market with meaningful recent price movement and enough buyer activity to keep typical listing times around two months.

Compared with state averages, Coshocton is a lower-cost market. The median home value is $194,327, about 22% below the state average of $248,803. The rent index is $765, roughly 26% below the state average of $1,034. Median household income is $55,577, also about 22% below the state average of $71,389. Unemployment is 3.4%, exactly matching the state benchmark. Population growth data is not available. The overall picture is a market that is more affordable in dollar terms than the state, but local incomes are lower too, so the home price-to-income relationship is roughly in line with the state average.

With 72 homes for sale, 60 median days on market, and a 20.9% share of listings with a price cut, Coshocton shows signs of an active but not overheated market. The strong PropertyIQ Score is anchored in momentum rather than a large inventory crunch or extreme seller advantage.

Key Trends

One trend is recent home value momentum. The 12-month momentum of 12.89% is the top score driver, and the 3-month momentum of 2.48% indicates continued near-term movement. At the same time, the median home value's year-over-year change is reported as -$13, which is essentially flat. This mixed picture suggests that recent momentum may be improving after a period of little net change in median home value, though the data should be read as two different measurements.

A second trend is a moderate pace of sales. Median days on market is 60 days, and 20.9% of listings have had a price cut. These metrics point to a market where homes are selling at a steady pace rather than sitting indefinitely, but sellers still need to price realistically. The inventory level of 72 homes for sale provides a measurable supply base for buyers.

A third trend is affordability relative to local incomes. The median home value of $194,327 is well below the state median of $248,803, but median household income of $55,577 is also below the state median of $71,389. The ratio of home value to income is therefore similar to the state average. The rent index of $765 is much lower than the state average of $1,034, which makes renting relatively inexpensive and may limit rental income potential.

A fourth trend is labor market stability. The unemployment rate of 3.4% matches the state average, providing a supportive backdrop for housing demand. Because population growth is not available, demographic-driven demand cannot be assessed.

Who Is This Market For

This market is suited for budget-conscious primary homebuyers, particularly first-time buyers and workforce housing buyers. With a median home value of $194,327—about $54,000 below the state average—entry prices are lower in dollar terms, and a median days on market of 60 days plus a 20.9% price-cut share gives buyers some room to negotiate. However, local median household income of $55,577 is also below the state average, so buyers should evaluate affordability based on local wages rather than state-level comparisons alone.

For investors, Coshocton presents a trade-off. The strong 12-month home value momentum of 12.89% and 3-month momentum of 2.48% may appeal to those seeking appreciation, and the 90/100 PropertyIQ Score supports overall market sentiment. But the rent index of $765 is well below the state average of $1,034, which may constrain gross rental income. Investors focused on cash flow may find the rental base limited, while those willing to accept lower rent in exchange for potential value momentum may see opportunity.

Move-up buyers may also find value here because the median home value remains below the state average, though the data does not break out higher price tiers. The stable unemployment rate of 3.4% supports owner-occupant demand. Overall, the market is best matched to first-time buyers and primary-home buyers seeking lower purchase prices, and to investors who prioritize momentum over immediate rental yield.

Outlook

The outlook for Coshocton is cautiously positive. The PropertyIQ Score of 90/100, 12-month home value momentum of 12.89%, and 3-month momentum of 2.48% point to upward price movement in the near term. Unemployment at 3.4% matches the state average and supports local housing demand. At the same time, the year-over-year median home value change of -$13 is essentially flat, a reminder that recent momentum has not yet produced meaningful annual appreciation in the median home value metric. With 72 homes for sale, 60 median days on market, and 20.9% of listings with price cuts, the market appears active but still requires realistic pricing. The low rent index of $765 relative to the state average may limit rental-driven investor competition. Without population growth data, the longer-term demand picture remains incomplete. The numbers support a stable to improving near-term market, with momentum and employment as the main strengths and rental income and population trends as the main unknowns.