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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pataskala is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Pataskala, OH

How much do homes in Pataskala, OH cost?

Median Sold Price

$362,250

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$12,250(+3.5%)

Key Takeaway

Homes in Pataskala have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Pataskala was $362,250 in March 2024, up 3.5% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $170K-
N/A
2 $200K$210K
+5.0%
3 $310K$340K
+9.7%
4 $390.5K$397K
+1.7%
5+ $442.6K$467.5K
+5.6%

Summary: Pataskala housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Cities

Harrison Township
+13.5%
Blacklick
+4.5%
Reynoldsburg
+3.6%
Pataskala
+3.5%

Housing Supply in Pataskala, OH

How many homes are available in Pataskala, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
114132+15.8%

Summary: The Pataskala real estate market had 132 homes for sale in March 2024, a 15.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 6066
+10.0%
4 3545
+28.6%
5+ 88
0.0%

Summary: The Pataskala housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23230.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pataskala, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in Pataskala in March 2024, the same as the previous month. Of the 23 sold homes, 35% were sold under asking, 22% 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

Mar 2023Mar 2024CHANGE
31 Days35 Days+11.4%

Summary: Homes in Pataskala had an average of 35 days on market in Mar 2024, up by 11.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 23 homes were sold in Pataskala; 70% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% 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 24 Days Ago

Newest Listings in Pataskala, OH

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