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 April 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

$362,541

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,541(+3.6%)

Key Takeaway

Homes in Pataskala have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Pataskala was $362,541 in April 2024, up 3.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $170K-
N/A
2 $200K$225K
+12.5%
3 $310K$344.5K
+11.1%
4 $394K$395K
0.3%
5+ $440.2K$473.7K
+7.6%

Summary: Pataskala housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Cities

Harrison Township
+10.8%
Blacklick
+4.6%
Pataskala
+3.6%
Reynoldsburg
+3.6%

Housing Supply in Pataskala, OH

How many homes are available in Pataskala, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
136152+11.8%

Summary: The Pataskala real estate market had 152 homes for sale in April 2024, a 11.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 139
-30.8%
3 6873
+7.4%
4 4759
+25.5%
5+ 811
+37.5%

Summary: The Pataskala 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 30.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2436+50.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

18 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. 50% of homes here sold above asking price last month.

Summary: A total of 36 homes were sold or pending in Pataskala in April 2024, up by 50.0% month-over-month. Of the 36 sold homes, 19% were sold under asking, 31% were sold at asking, and 50% 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

Apr 2023Apr 2024CHANGE
19 Days21 Days+9.8%

Summary: Homes in Pataskala had an average of 21 days on market in Apr 2024, up by 9.8% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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 April 2024, 36 homes were sold in Pataskala; 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 17 Days Ago

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