Pickerington, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Pickerington Neighborhoods Since 2000




Pickerington, 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

Pickerington Housing Market Information

With 19,670 people, 6,561 houses or apartments, and a median cost of homes of $210,757, Pickerington real estate is some of the most expensive in Ohio, although Pickerington home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Pickerington, accounting for 72.86% of the city's housing units. Other types of housing that are prevalent in Pickerington include large apartment complexes or high rise apartments ( 14.42%), duplexes, homes converted to apartments or other small apartment buildings ( 6.83%), and a few row houses and other attached homes ( 5.89%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pickerington. Owner-occupied housing accounts for 75.01% of Pickerington's homes, and 70.00% have either three or four bedrooms, which is average sized relative to America.

Pickerington homes and real estate are some of the newest in America. 48.38% of Pickerington's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Pickerington real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.07%), and between 1940-1969 ( 4.89%). There's also some housing in Pickerington built before 1939 ( 2.66%).

Pickerington Home Appreciation Rates

Appreciation rates for homes in Pickerington have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.43%, which ranks in the top 50% nationwide. This equates to an annual average Pickerington house appreciation rate of 0.43%.

Appreciation rates are so strong in Pickerington that despite a nationwide downturn in the housing market, Pickerington real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pickerington appreciation rates continue to be some of the highest in America, at 5.85%, which is higher than appreciation rates in 72.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pickerington. Pickerington appreciation rates in the latest quarter were at 0.34%, which equates to an annual appreciation rate of 1.37%.

Relative to Ohio, our data show that Pickerington's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$210,757

Pickerington, OH HOME PRICES

Value Range
> $1,175,000 0.5
$881,001 - $1,175,000 0.0
$587,001 - $881,000 0.6
$470,001 - $587,000 0.8
$352,001 - $470,000 4.2
$235,001 - $352,000 26.5
$117,001 - $235,000 62.1
$59,001 - $117,000 3.2
$0 - $59,000 2.1

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
29.7316301418024 12.992125984252

Number Of Homes And Apartments:
6,561

Pickerington 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
18.47% 0.99% 7 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,341 / per month

Homeownership Rate

Homeownership
Owners 75.01
Renters 24.99
Vacant 5.69

Housing Market Details

 

Age of Homes

AGE OF Pickerington HOMES
2000 or Newer 48.4
1970 - 1999 44.1
1940 - 1969 4.9
1939 or Older 2.7

Types of Homes

TYPE OF Pickerington HOMES
Single-Family 72.9
Townhomes 5.9
Small Apt. Buildings 6.8
Apt. Complexes 14.4
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Pickerington HOMES
No Bedroom 2.76
1 Bedroom 3.52
2 Bedrooms 21.72
3 Bedrooms 32.23
4 Bedrooms 37.77
5 or more bedrooms 2.00