Pickerington, OH 43147 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pickerington, OH—43147

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$412,000

1.4% YoY Growth

Household Income

$125,000

26.0% YoY Growth

Days on Market

24.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$2,430

3.4% YoY Growth

1-Bed Rent

$1,140

N/A

2-Bed Rent

$1,950

6.4% YoY Growth

3-Bed Rent

$2,400

11.0% YoY Growth

Home Price Trends — Pickerington, OH

As of Dec '25, the median home price in Pickerington, OH is $412,000, with a year-over-year change of 1.4%. This indicates that home prices in Pickerington, OH are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$412,000	1.4%
Single Family	$420,000	1.2%
Condos	$258,000	2.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pickerington, OH

As of July '25, Rentcast reports the average rent in Pickerington, OH is $2,460, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Pickerington, OH is 1-bedrooms: $1,210, 2-bedrooms: $1,840, 3-bedrooms: $2,420, 4-bedrooms: $2,970. The most common rental property sizes in Pickerington, OH are 2-bedroom and 3-bedroom, accounting for 51.6% and 16.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,430	$2,460
Studio Rent	N/A	N/A
1 Bed Rent	$1,140	$1,210
2 Bed Rent	$1,950	$1,840
3 Bed Rent	$2,400	$2,420
4 Bed Rent	$2,720	$2,970

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% of Rental Stock

Studio

10.0%

1 Bedroom

13.4%

2 Bedrooms

51.6%

3 Bedrooms

16.1%

4 Bedrooms

7.3%

5+ Bedrooms

1.6%

Property Listings — Pickerington, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Pickerington, OH is 52. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$437,000	-1.0%
Listing Count	132	4.0%
Listings as % of Homes	0.5%	4.0%
Days on Market	71	24.0%

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Demographics — Pickerington, OH

As of the latest ACS Survey released in 2023, Pickerington, OH has a population of 45,900, which has increased by 12.0% over the past 5 years. Pickerington, OH is a popular place for families, as children make up 28.4% of the population. The area has a highly educated workforce, with 49.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	45,900	12.0%
% Under 18	28.4%	0.7%
% Seniors	12.0%	3.4%
% WFH	17.6%	245.1%
% w/ College Degree	49.8%	11.2%

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As of the latest ACS Survey released in 2023, Pickerington, OH is a predominantly white area, with 67.5% of the population identifying as white. The white population has shrunk by 12.5% in the last 5 years. The second most common race or ethnicity in Pickerington, OH is black, making up 20.3% of the population. Foreign-born residents account for 6.2% of the population in Pickerington, OH, and this percentage has increased by 21.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	67.5%	-12.5%
% Black	20.3%	36.2%
% Hispanic	2.6%	18.2%
% Asian	4.3%	87.0%
% Foreign Born	6.2%	21.6%

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Mortgage and Risk — Pickerington, OH

According to HUD data as of 2023, there were 1302 mortgage originations in Pickerington, OH, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Pickerington, OH. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,302
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Pickerington, OH

As of 2024, the percent of homes in Pickerington, OH under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Pickerington, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	45
Total Units Section 8	45
% Rentals under Section 8	2.1%
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$400	$1,140	$1,540
2 Bedroom	-$90	$1,950	$1,860
3 Bedroom	-$160	$2,400	$2,240
4 Bedroom	-$220	$2,720	$2,500

Pickerington, OH—43147

Key Metrics at a Glance

Home Price Trends — Pickerington, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pickerington, OH

% of Rental Stock

Property Listings — Pickerington, OH

Demographics — Pickerington, OH

Race and Ethnicity

Mortgage and Risk — Pickerington, OH

Mortgages

Rentals and Section 8 — Pickerington, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Pickerington, OH

Home Price to Income Ratio

Pickerington, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Reynoldsburg, OH

Canal Winchester, Columbus, OH

Kensington Glen

Carroll, OH

Lithopolis, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$412,000
Median Household Income	$125,000

Pickerington, OH—43147

Key Metrics at a Glance

Home Price Trends — Pickerington, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pickerington, OH

% of Rental Stock

Property Listings — Pickerington, OH

Demographics — Pickerington, OH

Race and Ethnicity

Mortgage and Risk — Pickerington, OH

Mortgages

Rentals and Section 8 — Pickerington, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Pickerington, OH

Home Price to Income Ratio

Pickerington, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Reynoldsburg, OH

Canal Winchester, Columbus, OH

Kensington Glen

Carroll, OH

Lithopolis, OH

Frequently Asked Questions

What is the average home price in Pickerington, OH 43147?

How have home prices in Pickerington, OH 43147 changed over the past year?

What is the home price projection for Pickerington, OH 43147?

What are the demographics of Pickerington, OH 43147?

How long does it take homes to sell in Pickerington, OH 43147?

What is the average rent price in Pickerington, OH 43147?