Housing Market Update April 2022



housing market update April 2022 Columbus, Ohio

All data for the Housing Market Update comes from Columbus Realtors.

Note: LSD= Local School District, CSD= City School District. In both cases, school district boundaries differ from city boundaries.

Top 15 Most Expensive Locations By Median Sales Price in April 2022
1. New Albany: $650,000
2. New Albany Plain LSD: $635,000
3. Powell: $605,663
4. Grandview Heights: $585,000
5. Upper Arlington CSD: $580,000
6. Granville CSD: $566,500
7. German Village: $565,000
8. Bexley: $562,000
9. Dublin: $547,500
10. Olentangy LSD: $508,900
11. Worthington: $507,500
12. Dublin CSD: $480,000
13. Big Walnut LSD: $463,178
14. Hilliard: $450,000
15. Sunbury: $427,500

Top 15 Least Expensive Locations by Median Sales Price in April 2022
1. Newark CSD: $175,000
2. Whitehall: $190,000
3. Lancaster CSD: $190,000
4. Circleville CSD: $200,000
5. Miami Trace LSD: $210,000
6. Hamilton LSD: $214,500
7. Obetz: $220,000
8. London CSD: $244,750
9. Columbus CSD: $247,000
10. Groveport Madison LSD: $253,500
11. Columbus: $263,000
12. South Western CSD: $275,000
13. Jefferson LSD: $285,000
14. Reynoldsburg CSD: $299,850
15. Gahanna: $310,000
Even the cheapest markets are mostly above $200K now.

Overall Market Median Sales Price in April: $300,875
Based on the 10 Columbus Metro Area counties. This price was slightly lower than in May.

Top 15 Locations with the Highest Median Sales Price % Growth Between April 2021 and April 2022
1. Minerva Park: +59.6%
2. Lithoplis: +44.1%
3. Jefferson LSD: +43.9%
4. Miami Trace LSD: +40.0%
5. Pataskala: +39.6%
6. Granville CSD: +38.2%
7. Sunbury: +37.7%
8. Canal Winchester CSD: +36.7%
9. New Albany Plain LSD: +35.3%
10. Grove City: +30.4%
11. Groveport Madison LSD: +29.3%
12. Worthington CSD: +27.8%
13. Reynoldsburg CSD: +26.0%
14. Newark CSD: +25.0%
15. Upper Arlington CSD: +24.7%

Top 15 Locations with the Lowest Median Sales Price % Growth Between April 2021 and April 2022
1. Jonathan Alder LSD: -21.6%
2. Short North: -18.6%
3. Buckeye Valley LSD: -17.6%
4. Lancaster CSD: -5.0%
5. New Albany: -4.1%
6. Obetz: -2.3%
7. German Village: -0.9%
8. Beechwold/Clintonville: +4.3%
9. Dublin: +6.5%
10. Bexley: +6.5%
11. Dublin CSD: +9.8%
12. Hamilton LSD: +9.9%
13. Westerville: +11.9%
14. Columbus CSD: +13.8%
15. Olentangy LSD: +14.0%
16. Columbus: +15.1%
Columbus core neighborhoods and Columbus overall saw some of the smallest or even negative price changes.

Overall Market Median Sales Price % Change April 2022 vs. April 2021: +19.8%

Top 10 Locations with the Most New Listings in April 2022
1. Columbus: 1,260
2. Columbus CSD: 856
3. South Western CSD: 223
4. Olentangy LSD: 170
5. Westerville CSD: 161
6. Hilliard CSD: 136
7. Dublin CSD: 131
8. Pickerington LSD: 99
9. Grove City: 93
10. Worthington CSD: 91

Top 10 Locations with the Fewest New Listings in April 2022
1. Valleyview: 1
2. Lithopolis: 3
3. Jefferson LSD: 5
4. Minerva Park: 6
5. Grandview Heights: 7
6. Northridge LSD: 8
7. Obetz: 10
8. German Village: 10
9. Sunbury: 11
10. Jonathan Alder LSD: 12
11. Hamilton LSD: 15
12. Granville CSD: 15

Total New Listings in the Columbus Metro in April 2022: +3,194
Overall Metro New Listings % Change April 2022 vs April 2021: -1.7%



Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in April 2022
1. Gahanna: 3
2. Jefferson LSD: 3
3. Minerva Park: 3
4. Worthington: 3
5. Blacklick: 4
6. Canal Winchester CSD: 4
7. Gahanna Jefferson CSD: 4
8. Jonathan Alder LSD: 4
9. Obetz: 4
10. Big Walnut LSD: 5
11. Hilliard CSD: 5
12. Powell: 5
13. Sunbury: 5
14. Dublin: 6
15. Hilliard: 6
16. Lithopolis: 6
17. Reynoldsburg CSD: 6
18. Whitehall: 6
19. Worthington CSD: 6
20. Hamilton LSD: 7
21. Miami Trace LSD: 7
22. Westerville: 7
23. Dublin CSD: 8
24. Groveport Madison LSD: 8
25. Upper Arlington CSD: 8
26. Beechwold/Clintonville: 9
27. Westerville CSD: 9
28. Granville CSD: 10
29. Marysville CSD: 10
30. Pickerington LSD: 10
31. Bexley: 11
32. Columbus: 11
33. Delaware CSD: 11
34. German Village: 11
35. Johnstown-Monroe LSD: 11
36. Lancaster CSD: 11
37. Newark CSD: 11
38. Olentangy LSD: 11
39. Pickerington: 11
40. Circleville CSD: 13
41. Grandview Heights: 13

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in April 2022
1. Northridge LSD: 58
2. Downtown: 40
3. Short North: 31
4. London CSD: 24
5. Buckeye Valley LSD: 23
6. Grove City: 22
7. Pataskala: 21
8. New Albany: 20
9. Teays Valley LSD: 15
10. Columbus CSD: 14
11. New Albany Plain LSD: 14
12. South Western CSD: 14

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale April 2022 vs. April 2021
1. Miami Trace LSD: -86.3%
2. Gahanna: -76.9%
3. Gahanna Jefferson CSD: -75.0%
4. Granville CSD: -74.4%
5. Blacklick: -71.4%
6. German Village: -71.1%
7. New Albany Plain LSD: -64.1%
8. Obetz: -63.6%
9. New Albany: -59.2%
10. Upper Arlington CSD: -55.6%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale April 2022 vs. April 2021
1. Lithopolis: +200.0%
2. Northridge LSD: +176.2%
3. Grove City: +69.2%
4. Sunbury: +66.75
5. Pataskala: +61.5%
6. London CSD: +60.0%
7. South Western CSD: +55.6%
8. Downtown: +48.1%
9. Westerville: +40.0%
10. Delaware CSD: +37.5%
11. Johnstown-Monroe LSD: +37.5%

Total # of Days Homes Remain on the Market Before Sale Across the Metro Overall: 13.7
Overall Metro Days on Market % Change April 2022 vs April 2021: -35.7%
Homes were selling on average almost 8 days after than a year ago.



Random Columbus Photos 6




A new Random Columbus Photos after a multi-year absence!

Photo Location: Aerial photo of North High Street between Smith Place and 7th Avenue.
Photo Date: Around 1985
Photo History: Located just north of the Short North and south of the OSU Campus, this part of High Street was often left out of revitalization and development efforts. By the 1980s, much of the urban fabric had already been torn down, leaving mostly parking lots and vacant lots, with only a smattering of buildings.
Random Columbus photos 6 Columbus, Ohio

And the same view today.

The Kroger, while realigned and larger, still retains a large surface parking lot, as does the business across the street, but otherwise, the area is significantly more filled in than it was in the 1980s. That trend will continue with more- and larger- projects planned for the stretch.