Pickerington, OH 43147 Real Estate Market Report

ZIP Code: 43147
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the housing market in Pickerington, OH is characterized by a median sold price of $393,000, indicating a stable market with moderate price appreciation. While the median listing price stands at $430,950, the gap between listing and sold prices suggests some pricing friction, which may indicate seller expectations that are not fully aligned with current market realities. Overall, the neighborhood has shown an upward trend in prices, supported by strong local economic indicators and sustained housing demand.

The market appears to be experiencing elevated inventory levels relative to sales activity, with a median days on market of 210 days. This extended time frame suggests a slower sales velocity, which may be a result of the moderate interest rate pressure currently affecting buyer sentiment. Despite these challenges, the median market rent of $1,980 reflects strong rental demand, further supporting the overall housing market in the area.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $393,000 reflects a stable market with potential for continued appreciation.

2. With a median days on market of 210, the market is experiencing slower sales velocity, indicating a need for strategic pricing by sellers.

3. The median listing price of $430,950 suggests some pricing friction, as it exceeds the sold price, which may affect buyer interest.

4. The median market rent of $1,980 indicates strong rental demand, which supports overall housing stability in the area.

5. Current moderate interest rate pressure may be impacting buyer sentiment and contributing to elevated inventory levels relative to sales.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.