Is Pickerington, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pickerington is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Pickerington has remained a Seller's Market.

Key Takeaway

Pickerington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pickerington, OH

How much do homes in Pickerington, OH cost?

Median Sold Price

$415,591

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$42,082(+11.3%)

Key Takeaway

Homes in Pickerington have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Pickerington was $415,591 in April 2024, up 11.3% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $75K$156K
+108.0%
2 $224.9K$250K
+11.1%
3 $315K$344K
+9.2%
4 $403K$450K
+11.6%
5+ $513.5K$548K
+6.7%

Summary: Pickerington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 108%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Cities

Violet Township
+11.8%
Pickerington
+11.3%
Canal Winchester
+7.6%
Reynoldsburg
+3.6%
Madison Township
+2.2%

Housing Supply in Pickerington, OH

How many homes are available in Pickerington, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
197222+12.7%

Summary: The Pickerington real estate market had 222 homes for sale in April 2024, a 12.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1513
-13.3%
3 6266
+6.5%
4 100123
+23.0%
5+ 2020
0.0%

Summary: The Pickerington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 23%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4854+12.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickerington, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.

Summary: A total of 54 homes were sold or pending in Pickerington in April 2024, up by 12.5% month-over-month. Of the 54 sold homes, 22% were sold under asking, 26% were sold at asking, and 52% 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

Apr 2023Apr 2024CHANGE
20 Days17 Days-13.5%

Summary: Homes in Pickerington had an average of 17 days on market in Apr 2024, down by 13.5% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pickerington are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 54 homes were sold in Pickerington; 89% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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