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 November 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

$370,581

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,581(+4.4%)

Key Takeaway

Homes in Pataskala have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Pataskala was $370,581 in November 2024, up 4.4% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $300K-
N/A
2 $225K$157.5K
-30.0%
3 $331K$342.5K
+3.5%
4 $384.9K$399.9K
+3.9%
5+ $452.3K$467.5K
+3.4%

Summary: Pataskala housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Cities

Harrison Township
+5.5%
Pataskala
+4.4%
Reynoldsburg
+0.9%

Housing Supply in Pataskala, OH

How many homes are available in Pataskala, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1916-15.8%

Summary: The Pataskala real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 109
-10.0%
4 87
-12.5%
5+ 00
0.0%

Summary: The Pataskala housing inventory by bedroom type for November 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 10%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pataskala, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Pataskala in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
26 Days93 Days+258.3%

Summary: Homes in Pataskala had an average of 93 days on market in Nov 2024, up by 258.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pataskala has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Pataskala; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

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