Housing Market Update June 2021




housing market update June 2021 Columbus, Ohio

The local housing market update June 2021 has been released. Here are the numbers!

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 June 2021
1. New Albany: $720,000
2. Bexley: $625,000
3. Powell: $532,500
4. Dublin: $509,000
4. New Albany Plain LSD: $500,000
5. Grandview Heights: $492,500
6. Olentangy LSD: $479,900
7. Upper Arlington CSD: $478,000
8. Big Walnut LSD: $472,500
9. German Village: $465,000
10. Dublin CSD: $445,389
11. Downtown: $445,000
12. Worthington: $440,000
13. Short North: $407,500
14. Jonathan Alder LSD: $407,000
15. Buckeye Valley LSD: $405,000

Top 15 Least Expensive Locations by Median Sales Price in June 2021
1. Newark CSD: $155,000
2. Whitehall: $155,900
3. Circleville CSD: $158,500
4. Lancaster CSD: $176,000
5. Valleyview: $177,925
6. Hamilton LSD: $182,950
7. Groveport Madison LSD: $200,000
8. Columbus CSD: $216,688
9. Obetz: $233,500
10. Jefferson LSD: $237,450
11. Columbus: $240,000
12. Reynoldsburg CSD: $240,250
13. South Western CSD: $250,000
14. Delaware CSD: $252,000
15. London CSD: $261,500

Overall Market Median Sales Price in May 2021: $291,391
Based on the 10 Columbus Metro Area counties.

Top 15 Locations with the Highest Median Sales Price % Growth Between June 2020 and June 2021
1. Jefferson LSD: +62.6%
2. Downtown: +47.6%
3. Bexley: +43.0%
4. London CSD: +39.9%
5. Worthington: +34.1%
6. Big Walnut LSD: +33.5%
7. Gahanna: +31.5%
8. Obetz: +31.2%
9. Sunbury: +29.5%
10. South Western CSD: +28.9%
11. Worthington CSD: +28.7%
12. Canal Winchester CSD: +26.9%
13. Whitehall: +26.7%
14. Pataskala: +26.0%
15. Powell: +25.6%

Top 15 Locations with the Lowest Median Sales Price % Growth Between June 2020 and June 2021
1. New Albany Plain LSD: -7.0%
2. Circleville CSD: -3.2%
3. Delaware CSD: +0.8%
4. Granville CSD: +1.0%
5. Hilliard: +4.3%
6. Short North: +5.0%
7. Hamilton LSD: +6.7%
8. Northridge LSD: +8.3%
9. Newark CSD: +10.1%
10. Buckeye Valley LSD: +10.2%
11. Lancaster CSD: +11.4%
12. Dublin CSD: +11.5%
13. Jonathan Alder LSD: +11.5%
14. Upper Arlington CSD: +12.3%
15. Lithopolis: +12.6%

There were just 2 locations that saw year-over-year median price declines.

Overall Market Median Sales Price % Change June 2021 vs. June 2020: +19.6%
Based on 52 metro market locations.

Top 10 Locations with the Most New Listings in June 2021
1. Columbus: 1,450
2. Columbus CSD: 990
3. South Western CSD: 269
4. Olentangy LSD: 236
5. Dublin CSD: 197
6. Hilliard CSD: 179
7. Westerville CSD: 179
8. Worthington CSD: 136
9. Pickerington LSD: 129
10. Grove City: 114

Top 10 Locations with the Fewest New Listings in June 2021
1. Valleyview: 3
2. Minerva Park: 7
3. Lithopolis: 8
4. Grandview Heights: 10
5. Jefferson LSD: 13
6. Sunbury: 13
7. Obetz: 15
8. Whitehall: 15
9. Northridge LSD: 17
10. German Village: 20
11. Jonathan Alder LSD: 20

Total New Listings in the Columbus Metro in June 2021: +3,852
Overall Metro New Listings % Change June 2021 vs June 2020: +18.0%



Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in June 2021
1. Minerva Park: 3
2. Hilliard: 4
3. Pickerington: 4
4. Canal Winchester CSD: 5
5. Gahanna: 5
6. Hilliard CSD: 5
7. Jefferson LSD: 5
8. Johnstown Monroe LSD: 5
9. Lithopolis: 5
10. Reynoldsburg CSD: 5
11. Westerville: 5

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in June 2021
1. Bexley: 42
2. Downtown: 34
3. German Village: 27
4. Buckeye Valley LSD: 24
5. Grandview Heights: 24
6. Granville CSD: 16
7. New Albany: 16
8. Dublin: 15
9. Dublin CSD: 14
10. Grove City: 14
11. Lancaster CSD: 14
12. Obetz: 14

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale June 2021 vs June 2020
1. Lithopolis: -92.4%
2. Minerva Park: -90.0%
3. Granville CSD: -88.7%
4. Circleville CSD: -88.2%
5. London CSD: -88.1%
6. Northridge LSD: -86.5%
7. Jonathan Alder LSD: -83.3%
8. Pickerington: -81.8%
9. Sunbury: -81.3%
10. Big Walnut LSD: -80.0%
11. Hilliard: -80.0%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale June 2021 vs June 2020
1. Grandview Heights: +84.6%
2. Bexley: +40.0%
3. Obetz: +27.3%
4. Grove City: +0.0%
5. Pataskala: -9.1%
6. Worthington: -10.0%
7. Whitehall: -27.3%
8. Groveport Madison LSD: -30.0%
9. German Village: -35.7%
10. South Western CSD: -35.7%

% Change for the # of Days Homes Remain on the Market Before Sale Across the Metro Overall: 14.1

Columbus Realtors is the primary source of this data.



Where Does the Immigrant Population Live?




In Franklin County, the immigrant- or foreign-born- population has been growing rapidly for the last few decades. Latin American immigration was dominant for many years, but has recently taken secondary position to even faster Asian growth. But where does the immigrant population live, exactly? Where they end up in the county is perhaps not where common belief would always suggest. The interactive map below breaks down not only the main continent of origin for immigrants by census tract, but also gives the top 5 specific origin nations. While at first glance, the continents seem heavily grouped together, a deeper look at nations of origin indicate that immigrant populations are much more diverse and spread out much more evenly than it appears.

The Census Tract Maps offers a great deal of demographic and population data in all subjects, while Historic US Maps provides old maps of all types.



Before and After: Ohio State Campus Aerials




It’s hard to imagine Columbus without its flagship university. While today Ohio State is one of the nation’s largest universities and a powerful influence in and out of Columbus in many ways, it got its start as just a humble agricultural college in 1870. Let’s go back to a time and look at these Ohio State campus aerials from 1919, and compare them to the same views today.

Before

Ohio State campus aerials

Photo taken in 1919.

This 1919 photo of the Oval and the surrounding neighborhood shows just how small the campus was back then. Residential areas began just to the north of of the Oval. Over the years, almost every single building in this photo would be demolished in OSU’s never-ending quest to expand and modernize.
After

Photo taken in 2019.

The residential neighborhood is long gone, replaced with new student residences, offices and educational buildings. Almost nothing remains the same- even the street grid itself has been dramatically altered.
Before

Photo taken in 1919.

This photo of Campus further east show the famous castle-looking Armory, along with an athletic field and part of High Street.
After

Some buildings remain recognizable, but not many. The athletic field disappeared by the 1930s, and the Armory burned down in disastrous fire in the early 1950s. It iconic castle towers were recreated somewhat in the Wexner Center for the Arts, which occupies the former Armory location.

Clearly, Ohio State’s campus has changed drastically over the last century. No doubt a century from now, it will be equally as unrecognizable to us as the current iteration would be to students from long ago.



Housing Market Update May 2021




Columbus housing market April 2013 Columbus, Ohio

housing market update May 2021 Columbus, Ohio

The local housing market update May 2021 is finally out, and the trends continue to show a strong sellers market. Prices continued to accelerate upward and supply continued to lag way behind, pushing home sales to occur even faster than they have been in recent months.

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 May 2021
1. New Albany: $810,000
2. German Village: $630,000
3. New Albany Plain LSD: $570,000
4. Dublin: $528,750
5. Bexley: $497,500
6. Upper Arlington CSD: $495,000
7. Worthington: $461,420
8. Powell: $460,000
9. Dublin CSD: $450,000
10. Olentangy LSD: $445,000
11. Buckeye Valley LSD: $406,790
12. Granville CSD: $402,500
13. Short North: $400,450
14. Grandview Heights: $394,000
15. Jonathan Alder LSD: $390,000

New Albany proper posted an astronomical median price in May, reaching unprecedented numbers for a Columbus suburb.

Top 15 Least Expensive Locations by Median Sales Price in May 2021
1. Whitehall: $138,000
2. Valleyview: $157,500
3. Groveport Madison LSD: $175,825
4. Lancaster CSD: $176,000
5. Circleville CSD: $182,000
6. Newark CSD: $184,250
7. Jefferson LSD: $207,500
8. Columbus CSD: $220,000
9. London CSD: $225,000
10. Hamilton LSD: $237,000
11. Columbus: $240,000
12. Reynoldsburg CSD: $245,500
13. South-Western CSD: $249,900
14. Canal Winchester CSD: $260,000
15. Teays Valley LSD: $268,894

In general, the further out the place from Columbus, the cheaper the location, but there are some exceptions. Whitehall and Columbus proper remain relatively affordable compared to most locations in the metro.

Overall Market Median Sales Price in May 2021: $227,088
The overall market is defined by Columbus Metro Area counties.

Top 15 Locations with the Highest Median Sales Price % Growth Between May 2020 and May 2021
1. German Village: +59.5%
2. Worthington: +54.6%
3. Obetz: +52.2%
4. New Albany Plain LSD: +40.7%
5. Hamilton LSD: +39.4%
6. Dublin CSD: +32.0%
7. Delaware CSD: +32.0%
8. Dublin: +31.4%
9. Pickerington: +30.3%
10. New Albany: +29.7%
11. Newark CSD: +29.4%
12. Worthington CSD: +29.1%
13. Westerville CSd: +28.6%
14. Pataskala: +27.0%
15. Jonathan Alder LSD: +25.8%

Top 15 Locations with the Lowest Median Sales Price % Growth Between May 2020 and May 2021
1. Lancaster CSD: -7.3%
2. Jefferson LSD: -5.5%
3. Downtown Columbus: -4.2%
4. Hilliard: -0.5%
5. Teays Valley LSD: +3.5%
6. Powell: +5.1%
7. Big Walnut LSD: +6.2%
8. Grandview Heights: +6.8%
9. Granville CSD: +7.6%
10. Short North: +7.6%
11. Canal Winchester CSD: +8.3%
12. Minerva Park: +8.4%
13. London CSD: +10.3%
14. Circleville CSD: +11.3%
15. Buckeye Valley LSD: +11.4%

There were fewer locations down year-over-year in May than in previous months, though urban areas generally saw lower increases.

Overall Market Median Sales Price % Change May 2021 vs. May 2020: +18.6%

Top 10 Locations with the Most New Listings in May 2021
1. Columbus: 1,467
2. Columbus CSD: 972
3. South-Western CSD: 217
4. Hilliard CSD: 171
5. Westerville CSD: 168
6. Olentangy LSD: 166
7. Dublin CSD: 166
8. Worthington CSD: 118
9. Pickerington LSD: 115
10. Upper Arlington CSD: 101

Top 10 Locations with the Fewest New Listings in May 2021
1. Valleyview: 2
2. Lithopolis: 5
3. Minerva Park: 5
4. Jefferson LSD: 6
5. Obetz: 8
6. Sunbury: 8
7. Grandview Heights: 10
8. Johnstown-Monroe LSD: 11
9. Whitehall: 12
10. Circleville CSD: 14

Urban areas and major suburbs saw increases in supply versus previous months, but because sales were also stronger, it didn’t help with actual supply or prices.

Total New Listings in the Columbus Metro in May 2021: +3,468
Overall Metro New Listings % Change May 2021 vs May 2020: +14.3%



Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in May 2021
1. Jonathan Alder LSD: 3
2. Valleyview: 3
3. Canal Winchester CSD: 4
4. Groveport Madison LSD: 4
5. Lithopolis: 4
6. German Village: 5
7. Worthington: 5
8. Worthington CSD: 5
9. Beechwold/Clintonville: 6
10. Blacklick: 6
11. Gahanna: 6
12. Marysville CSD: 6
13. Pickerington LSD: 6
14. Powell: 6
15. Westerville CSD: 6
16. Whitehall: 6

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in May 2021
1. Short North: 51
2. Downtown Columbus: 39
3. Johnstown-Monroe LSD: 28
4. Bexley: 25
5. Lancaster CSD: 25
6. Jefferson LSD: 23
7. Obetz: 22
8. Buckeye Valley LSD: 21
9. Dublin: 19
10. Olentangy LSD: 18

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale May 2021 vs May 2020
1. Powell: -91.2%
2. Jonathan Alder LSD: -90.6%
3. Minerva Park: -85.7%
4. Circleville CSD: -84.2%
5. Whitehall: -82.9%
6. London CSD: -80.0%
7. Sunbury: -78.9%
8. Newark CSD: -78.0%
9. Upper Arlington CSD: -76.5%
10. Granville CSD: -75.8%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale May 2021 vs May 2020
1. Short North: +264.3%
2. Valleyview: +50.0%
3. Bexley: +13.6%
4. Downtown Columbus: +11.4%
5. Lancaster CSD: -3.8%
6. Teays Valley LSD: -11.1%
7. Dublin: -26.9%
8. Reynoldsburg CSD: -29.4%
9. Westerville: -33.3%
10. Pataskala: -38.5%

% Change for the # of Days Homes Remain on the Market Before Sale Across the Metro Overall: 14

The market’s sales pace only increased further in May, with the entire metro’s supply of homes selling in an average of just 2 weeks. Many locations were selling at far faster rates, however.

A handy link is the Columbus Realtors website, which most of this data is derived from.



Cool Link: Old Maps Search Engine




Old maps search engine

This link is a great resource to find old local maps for cities, counties and states from the US to around the world. For Columbus, maps go back to the 1920s, but other locations have even older versions. The maps are helpful for those doing research on this history of their cities.

Old Maps Online

Another favorite link is the Sanborn Fire Insurance Maps. These maps are even more detailed and you can view individual buildings down to the street level back to the 19th Century. These maps are available at the Library of Congress and require a bit more searching to find what you’re looking for.

Sanborn Maps

An 1891 Sanborn map of the Short North.