Is Pickerington, 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, Pickerington has remained a Seller's Market.
Housing Prices in Pickerington, OH
How much do homes in Pickerington, OH cost?
Median Sold Price
$417,010
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pickerington was $417,010 in May 2024, up 8.5% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $156K | +108.0% |
2 Bedrooms | $224.4K | $249.9K | +11.4% |
3 Bedrooms | $320K | $345K | +7.8% |
4 Bedrooms | $420.7K | $450K | +7.0% |
5+ Bedrooms | $515.8K | $562.5K | +9.1% |
Summary: Pickerington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 108%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 9.1%.
Median Sold Price Compared To Nearby Cities
Violet Township | $389.8K | $432.9K | +11.1% |
Pickerington | $384.4K | $417K | +8.5% |
Canal Winchester | $300K | $324.2K | +8.1% |
Reynoldsburg | $281.8K | $288K | +2.2% |
Madison Township | $249.6K | $253.1K | +1.4% |
Housing Supply in Pickerington, OH
How many homes are available in Pickerington, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
186 | 201 | +8.1% |
Summary: The Pickerington real estate market had 201 homes for sale in May 2024, a 8.1% 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 | 10 | 8 | -20.0% |
3 Bedrooms | 55 | 56 | +1.8% |
4 Bedrooms | 109 | 120 | +10.1% |
5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The Pickerington 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 decreased by 20%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 75 | +33.9% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in Pickerington in May 2024, up by 33.9% month-over-month. Of the 75 sold homes, 31% were sold under asking, 27% were sold at asking, and 43% were sold over asking.
Days on Market for Pickerington, OH
How long does it take to sell a home in Pickerington, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 28 Days | +64.0% |
Summary: Homes in Pickerington had an average of 28 days on market in May 2024, up by 64% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 75 homes were sold in Pickerington; 72% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.