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.
Key Takeaway
Blacklick is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
Homes in Blacklick have sold for 2.4% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Blacklick, you could pay more than the asking price. 54.8% of homes here sold above asking price last month.
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
Key Takeaway
Many homes in Blacklick are selling fast, if you're buying plan to act quickly.
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.
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.