Housing Market Update July 2022



Housing market update July 2022 Columbus, Ohio

For the Housing Market Update July 2022, it seems that whatever minor signs of a market slowdown all but disappeared in July, with strong price increases and shrinking supply almost across the board. All data 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 July 2022
1. New Albany: $1,001,000
2. New Albany Plain LSD: $836,500
3. German Village: $590,000
4. Powell: $582,500
5. Dublin: $557,000
6. Grandview Heights: $544,500
7. Bexley: $520,000
8. Worthington: $512,000
9. Dublin CSD: $510,000
10. Olentangy LSD: $500,000
11. Big Walnut LSD: $499,990
12. Upper Arlington CSD: $494,950
13. Granville LSD: $471,000
14. Buckeye Valley LSD: $460,000
15. Pickerington: $455,900
New Albany finally blew past the 1 million mark in July, almost 2x the next set of most expensive markets.

Top 15 Least Expensive Locations by Median Sales Price in July 2022
1. Valleyview: $163,000
2. Hamilton LSD: $184,500
3. Newark CSD: $200,000
4. Circleville CSD: $205,000
5. Lancaster CSD: $219,000
6. Miami Trace LSD: $234,900
7. Groveport Madison LSD: $240,000
8. Columbus CSD: $246,000
9. Jefferson LSD: $253,500
10. South Western CSD: $260,500
11. London CSD: $264,000
12. Columbus: $275,000
13. Grove City: $288,000
14. Reynoldsburg CSD: $297,500
15. Northridge LSD: $300,000
Only 2 metro markets remain below $200,000.

Overall Market Median Sales Price in July: $317,880
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 July 2021 and July 2022
1. Miami Trace LSD: +60.9%
2. Obetz: +36.8%
3. New Albany: +31.3%
4. Newark CSD: +31.1%
5. Pickerington: +29.0%
6. Teays Valley LSD: +26.4%
7. New Albany Plain LSD: +25.8%
8. Powell: +25.3%
9. Delaware CSD: +23.9%
10. German Village: +23.8%
11. Circleville CSD: +23.1%
12. Worthington: +22.8%
13. Westerville: +21.9%
14. Jefferson LSD: +21.9%
15. Marysville CSD: +20.2%
16. Canal Winchester CSD: +19.1%

Top 15 Locations with the Lowest Median Sales Price % Growth Between July 2021 and July 2022
1. Bexley: -15.4%
2. Short North: -13.0%
3. Northridge LSD: -9.5%
4. Hamilton LSD: -5.8%
5. Valleyview: -5.8%
6. Grove City: -2.3%
7. Sunbury: -0.6%
8. London CSD: +0.3%
9. Upper Arlington CSD: +0.5%
10. Buckeye Valley LSD: +2.2%
11. Columbus CSD: +4.75
12. Dublin: +5.1%
13. Downtown: +5.2%
14. Jonathan Alder LSD: +6.1%
15. South Western CSD: +6.3%
16. Beechwold/Clintonville: +6.5%
Downtown finally broke a string of negative months.

Overall Market Median Sales Price % Change July 2022 vs. July 2021: +13.1%
Based on 53 metro market locations.

Top 10 Locations with the Most New Listings in July 2022
1. Columbus: 1,278
2. Columbus CSD: 854
3. Olentangy LSD: 204
4. South Western CSD: 181
5. Dublin CSD: 159
6. Westerville CSD: 158
7. Hilliard CSD: 155
8. Pickerington LSD: 109
9. Gahanna Jefferson CSD: 100
10. Newark CSD: 79

Top 10 Locations with the Fewest New Listings in July 2022
1. Valleyview: 0
2. Jefferson LSD: 3
3. Minerva Park: 6
4. Lithopolis: 6
5. Obetz: 6
6. Grandview Heights: 7
7. Northridge LSD: 9
8. Granville LSD: 9
9. Miami Trace LSD: 10
10. New Albany: 10
11. Jonathan Alder LSD: 13
12. Sunbury: 14
13. Germany Village: 15
14. Hamilton LSD: 16
15. Whitehall: 16

Total New Listings in the Columbus Metro in July 2022: +3,239
Overall Metro New Listings % Change July 2022 vs July 2021: -20.3%
New listings fell strongly in July versus a year prior as the familiar story of demand far outpacing supply continued in the metro area.



Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in July 2022
1. Lithopolis: 3
2. Minerva Park: 4
3. Circleville CSD: 5
4. Gahanna: 6
5. Obetz: 6
6. Sunbury: 6
7. Canal Winchester CSD: 7
8. Hilliard: 7
9. Jonathan Alder LSD: 7
10. Pickerington: 7
11. Big Walnut LSD: 8
12. Dublin: 8
13. Hamilton LSD: 8
14. Hilliard CSD: 8
15. Newark CSD: 8
16. Northridge LSD: 8
17. Reynoldsburg CSD: 8
18. Upper Arlington CSD: 8
19. Valleyview: 8
20. Whitehall: 8
21. Worthington CSD: 8
22. Granville LSD: 9
23. Jefferson LSD: 9
24. Pickerington LSD: 9
25. New Albany LSD: 9
26. Powell: 9
27. Delaware CSD: 10
28. Lancaster CSD: 10
29. South Western CSD: 10
30. Westerville CSD: 10
31. Worthington: 10
32. Blacklick: 11
33. Columbus: 11
34. Dublin CSD: 11
35. Gahanna Jefferson CSD: 11
36. London CSD: 11
37. New Albany: 11
38. Beechwold/Clintonville: 12
39. Groveport Madison LSD: 12
Most local markets continue to have very low selling spread between them.

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in July 2022
1. Short North: 48
2. German Village: 39
3. Downtown: 37
4. Teays Valley LSD: 35
5. Miami Trace LSD: 30
6. Grandview Heights: 19
7. Grove City: 16
8. Johnstown Monroe LSD: 16
9. Marysville CSD: 15
10. Pataskala: 15
11. Buckeye Valley LSD: 14
12. Columbus CSD: 14
13. Olentangy LSD: 14
14. Bexley: 13
15. Westerville: 13

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale July 2022 vs. July 2021
1. Big Walnut LSD: -63.6%
2. New Albany LSD: -57.1%
3. Buckeye Valley LSD: -53.3%
4. Dublin: -46.7%
5. New Albany: -45.0%
6. Minerva Park: -42.9%
7. Northridge LSD: -42.9%
8. Granville LSD: -40.0%
9. Circleville CSD: -37.5%
10. Hamilton LSD: -33.3%
11. Pickerington: -30.0%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale July 2022 vs. July 2021
1. Teays Valley LSD: +600.0%
2. Johnstown Monroe LSD: +433.3%
3. German Village: +387.5%
4. Short North: +269.2%
5. Obetz: +200.0%
6. Valleyview: +166.7%
7. Gahanna Jefferson CSD: +120.0%
8. Grove City: +100.0%
9. Reynoldsburg CSD: +100.0%
10. Westerville: +85.7%
11. Blacklick: +83.3%

Total # of Days Homes Remain on the Market Before Sale Across the Metro Overall: 16.2
Overall Metro Days on Market % Change July 2022 vs July 2021: +45.9%
Homes spent much longer on the market across the metro than they did the year before, but the pace was still relatively fast.



Strange Columbus July 29, 1961 UFO




Strange Columbus July 29, 1961 UFO Columbus, Ohio

From the files of Project Blue Book, this incident is somewhat humorous as the person who reported the incident seemingly had reported objects in the past and was considered extremely “belligerent” in reporting information about what they witnessed. The witness testimony included in the report is full of colorful language. Whether the witness was simply trying to gain attention seems to have been a factor in concluding this event was Jupiter.





Much of the written part has faded over the last 60 years, so quite a bit is unreadable. However, it looks like it was part notes from an interviewer and part response from the interviewee/witness. It seems to be relating to how the witness was largely uncooperative in answering questions.
17. *Interviewer* Notes: I got to home of *unreadable* Mr. *Redacted*… *unreadable* conversation around following pattern.
-Witness- I can tell you something you want to know about the goddamn thing.
*Interviewer* What color was it?
-Witness- *unreadable* is that goddamn thing *unreadable*?
*Interviewer* Was it like a star?
-Witness- Are you trying to make me out (to be) a goddamn fool or something?
*Interviewer* Where did you first see it?
-Witness- I know all about *unreadable* and that sort of thing, I was in the Navy.
19. -Witness- I have a friend who was at Pearl Harbor and he saw this goddamned thing, and you know what happened at Pearl Harbor.”






The exclamation points are a good indication the interviewer was basically mocking the witness by that point.

Again, some of the writing has faded. Here is what I could decipher.
Sgt. Ashley of Lockbourne AFB first referred the call to me at 2230 HRS. He had already been talking to this man for about an hour. Lockbourne Tower personnel and Columbus police failed to see what the man described. Sgt. Ashley had by chance been on duty the other time *redacted* had called and had gotten no confirmation that time either. That was *unreadable* July *unreadable*. Ashley called back at 2300 saying that *unreadable* was calling *unreadable* again. I did not take a second call from *redacted*.

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UFO Database