Is Blacklick, 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, Blacklick has remained a Seller's Market.
Housing Prices in Blacklick, OH
How much do homes in Blacklick, OH cost?
Median Sold Price
$340,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Blacklick was $340,000 in May 2024, up 2.4% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $151.5K | $161.9K | +6.9% |
2 Bedrooms | $193.7K | $227.5K | +17.4% |
3 Bedrooms | $320K | $340K | +6.3% |
4 Bedrooms | $404K | $421K | +4.2% |
5+ Bedrooms | $763K | $876.2K | +14.8% |
Summary: Blacklick housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 14.8%.
Median Sold Price Compared To Nearby Cities
Jefferson Township | $365K | $389.7K | +6.8% |
Gahanna | $344.7K | $356.7K | +3.5% |
Blacklick | $331.9K | $340K | +2.4% |
Reynoldsburg | $281.8K | $288K | +2.2% |
Mifflin Township | $339.1K | $345K | +1.7% |
Housing Supply in Blacklick, OH
How many homes are available in Blacklick, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
110 | 125 | +13.6% |
Summary: The Blacklick real estate market had 125 homes for sale in May 2024, a 13.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 30 | 28 | -6.7% |
3 Bedrooms | 49 | 54 | +10.2% |
4 Bedrooms | 27 | 39 | +44.4% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Blacklick housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 42 | +7.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Blacklick in May 2024, up by 7.7% month-over-month. Of the 42 sold homes, 19% were sold under asking, 26% were sold at asking, and 55% were sold over asking.
Days on Market for Blacklick, OH
How long does it take to sell a home in Blacklick, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 14 Days | -6.1% |
Summary: Homes in Blacklick had an average of 14 days on market in May 2024, down by 6.1% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 42 homes were sold in Blacklick; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.