Is Pataskala, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pataskala has remained a Seller's Market.
Housing Prices in Pataskala, OH
How much do homes in Pataskala, OH cost?
Median Sold Price
$365,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pataskala was $365,000 in May 2024, up 4.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | - | N/A |
2 Bedrooms | $265K | $195K | -26.4% |
3 Bedrooms | $322K | $350K | +8.7% |
4 Bedrooms | $390K | $395K | +1.3% |
5+ Bedrooms | $440K | $473.7K | +7.7% |
Summary: Pataskala housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $370K | $410.3K | +10.9% |
Pataskala | $349.1K | $365K | +4.5% |
Blacklick | $331.9K | $340K | +2.4% |
Reynoldsburg | $281.8K | $288K | +2.2% |
Housing Supply in Pataskala, OH
How many homes are available in Pataskala, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
111 | 112 | +0.9% |
Summary: The Pataskala real estate market had 112 homes for sale in May 2024, a 0.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 55 | 53 | -3.6% |
4 Bedrooms | 45 | 46 | +2.2% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Pataskala housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 44 | +18.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Pataskala in May 2024, up by 18.9% month-over-month. Of the 44 sold homes, 20% were sold under asking, 36% were sold at asking, and 43% were sold over asking.
Days on Market for Pataskala, OH
How long does it take to sell a home in Pataskala, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 22 Days | -16.4% |
Summary: Homes in Pataskala had an average of 22 days on market in May 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 44 homes were sold in Pataskala; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.