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.
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
$417,010
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pickerington have sold for 8.5% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Pickerington, you could pay more than the asking price. 42.7% of homes here sold above asking price last month.
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
Key Takeaway
Many homes in Pickerington are selling fast, if you're buying plan to act quickly.
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.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved