Pataskala, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pataskala, OH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Pataskala Housing Market Information

With 15,245 people, 5,576 houses or apartments, and a median cost of homes of $178,623, Pataskala real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Pataskala, accounting for 73.81% of the city's housing units. Other types of housing that are prevalent in Pataskala include large apartment complexes or high rise apartments ( 10.20%), duplexes, homes converted to apartments or other small apartment buildings ( 5.58%), and a few row houses and other attached homes ( 5.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pataskala. Owner-occupied housing accounts for 72.48% of Pataskala's homes, and 74.94% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Pataskala built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Pataskala built between 2000 and later ( 32.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.14%). There's also some housing in Pataskala built before 1939 ( 7.29%).

Pataskala Home Appreciation Rates

Appreciation rates for homes in Pataskala have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.79%, which ranks in the top 50% nationwide. This equates to an annual average Pataskala house appreciation rate of 0.28%.

NeighborhoodScout's data show that during the latest twelve months, Pataskala's appreciation rate, at 4.95%, has been at or slightly above the national average. In the latest quarter, Pataskala's appreciation rate has been 0.34%, which annualizes to a rate of 1.37%.

Relative to Ohio, our data show that Pataskala's latest annual appreciation rate is higher than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$178,623

Pataskala, OH HOME PRICES

Value Range
> $1,148,000 0.3
$861,001 - $1,148,000 0.4
$574,001 - $861,000 2.1
$459,001 - $574,000 0.7
$344,001 - $459,000 4.4
$230,001 - $344,000 18.6
$114,001 - $230,000 60.6
$57,001 - $114,000 4.7
$0 - $57,000 8.2

High for OH
High for Nation

Value Relative to Nation Value Relative to State
38.6089300363295 21.9160104986877

Number Of Homes And Apartments:
5,576

Pataskala Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
14.46% 0.79% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,114 / per month

Homeownership Rate

Homeownership
Owners 72.48
Renters 27.52
Vacant 4.60

Housing Market Details

 

Age of Homes

AGE OF Pataskala HOMES
2000 or Newer 33.0
1970 - 1999 41.6
1940 - 1969 18.1
1939 or Older 7.3

Types of Homes

TYPE OF Pataskala HOMES
Single-Family 73.8
Townhomes 5.2
Small Apt. Buildings 5.6
Apt. Complexes 10.2
Mobile Homes 5.2
Other 0.0

Home Size

SIZE OF Pataskala HOMES
No Bedroom 0.15
1 Bedroom 3.13
2 Bedrooms 18.87
3 Bedrooms 53.86
4 Bedrooms 21.08
5 or more bedrooms 2.91