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 September 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

$425,225

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$29,025(+7.3%)

Key Takeaway

Homes in Pickerington have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Pickerington was $425,225 in September 2024, up 7.3% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $156K-
N/A
2 $229K$248.9K
+8.7%
3 $330K$355K
+7.6%
4 $440K$450K
+2.3%
5+ $529.9K$565K
+6.6%

Summary: Pickerington housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Cities

Pickerington
+7.3%
Canal Winchester
+4.1%
Madison Township
+1.9%
Reynoldsburg
0%

Housing Supply in Pickerington, OH

How many homes are available in Pickerington, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3915-61.5%

Summary: The Pickerington real estate market had 15 homes for sale in September 2024, a 61.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 103
-70.0%
4 2712
-55.6%
5+ 10
-100.0%

Summary: The Pickerington housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 70%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
243-87.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickerington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Pickerington in September 2024, down by 87.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Sep 2023Sep 2024CHANGE
18 Days95 Days+409.9%

Summary: Homes in Pickerington had an average of 95 days on market in Sep 2024, up by 409.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pickerington are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 3 homes were sold in Pickerington; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 30 Days Ago

Newest Listings in Pickerington, OH

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