Is Pataskala, 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, 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
$365,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pataskala have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Pataskala was $365,000 in May 2024, up 4.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | - | N/A |
| 2 Bedrooms | $265K | $195K | -26.4% |
| 3 Bedrooms | $322K | $350K | +8.7% |
| 4 Bedrooms | $390K | $395K | +1.3% |
| 5+ Bedrooms | $440K | $473.7K | +7.7% |
Summary: Pataskala housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Harrison Township | $370K | $410.3K | +10.9% |
| Pataskala | $349.1K | $365K | +4.5% |
| Blacklick | $331.9K | $340K | +2.4% |
| Reynoldsburg | $281.8K | $288K | +2.2% |
Housing Supply in Pataskala, OH
How many homes are available in Pataskala, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 111 | 112 | +0.9% |
Summary: The Pataskala real estate market had 112 homes for sale in May 2024, a 0.9% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 55 | 53 | -3.6% |
| 4 Bedrooms | 45 | 46 | +2.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Pataskala 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 increased by 20%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 44 | +18.9% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pataskala, you could pay more than the asking price. 43.2% of homes here sold above asking price last month.
Summary: A total of 44 homes were sold or pending in Pataskala in May 2024, up by 18.9% month-over-month. Of the 44 sold homes, 20% were sold under asking, 36% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 22 Days | -16.4% |
Summary: Homes in Pataskala had an average of 22 days on market in May 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pataskala are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 44 homes were sold in Pataskala; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% 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. 
Information Deemed Reliable, but Not Guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Firelands MLS, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2024 Firelands Multiple Listing Service. All rights reserved.