Housing Market Update January 2023

Posted on February 28, 2023 by admin

The Housing Market Update January 2023 data, the first of the new year, from Columbus Realtors showed that home sales and overall supply continued to decline, helping to ensure most areas saw continued increases in median prices.

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

Closed sales are those sales that were completed during the month. 7 of the 10 metro counties saw declines in January

Only 9 of more than 40 local markets were up year-over-year.

Not sure what was going on in Union County in January, but it was well above all other counties for the month. The market overall continued to be up on price year-over-year, except in Pickaway County.
Overall Market Median Sales Price in January 2023: $307,289
Based on the 10 Columbus Metro Area counties, the metro price saw a more than $39,000 increase over January, 2022.
Overall Market Median Sales Price % Change in January, 2023 vs. January, 2022: +14.6%
Continuing home sale declines had relatively little impact on home prices overall, which saw a strong increase over the year.

It seems the Intel project’s impact may finally be making an appearance in housing numbers, with the Johnstown district seeing a huge increase in median home prices versus January 2022, 2 months before the project became official. That said, New Albany had one of the areas largest declines, but that could be due to it generally being one of the most expensive markets last year.

New listings across most of the metro area were down, accounting for most of the median price increase as demand remains strong in the region. Most of the decrease came from Franklin County.
Total Metro New Listings in January, 2023: 1,612
Total Metro New Listings Change from January, 2022 to January, 2023: -316

Average # of Days Homes Remain on the Market Before Sale for the Metro Overall in January, 2023: 34.0
# of Days Homes Remain on the Market Before Sale for the Metro January, 2022 to January, 2023: +8.8
Homes continued to sell more slowly than they did a year ago, now more than a week more slowly on average.

Housing Market Update October 2022

Posted on November 24, 2022 by admin

The Housing Market Update October 2022 data from Columbus Realtors showed a significant slowdown in home sales, but that it didn’t mean homes got cheaper in the process.

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

Closed sales are those sales that were completed during the month. They dropped significantly in most counties year-over-year as rising interest rates slowed the white-hot market.
But what markets slowed down the most?

Only a handful of markets saw an increase, including Johnstown, which is presumably seeing movement due to the Intel project.

Most places on this list tended to be among the most expensive local markets, but not all.

Most counties continued to see price increases, though some were much more modest than others. Franklin County was in the middle of the pack.

Overall Market Median Sales Price in October 2022: $304,583
Based on the 10 Columbus Metro Area counties, the metro price saw about a $12,000 increase vs September, 2022 and a more than $30,000 increase over October, 2021.
Overall Market Median Sales Price % Change in October, 2022 versus October, 2021: +10.6%

Now let’s take a look at individual neighborhoods and places within the metro area.

There are few surprises on this chart.

Only 3 markets had a median price below $200,000, 2 of which were within I-270.

Most counties saw new listing totals drop year-over-year. This is one of the reasons prices remained higher despite large sales drops.

Total Metro New Listings in October, 2022: 2,401
Total Metro New Listings Change from October, 2021 to October, 2022: -497
Year-over-year, new listings were down yet again.

Average # of Days Homes Remain on the Market Before Sale for the Metro Overall in October, 2022: 24.6
# of Days Homes Remain on the Market Before Sale for the Metro October, 2021 vs. October, 2022: +8.2
Homes across the market sold more than a week more slowly year-over year in October.

Aside from the half-dozen markets that saw declines, most saw fairly significantly increases in the number of days before sale year-over year.

Overall, the October housing market showed strong signs of a slowdown, but so far, this hasn’t prevented further price increases. Demand for homes seems to be continuing to outpace supply, but perhaps not quite to the level it was earlier in the year.

AllColumbusData’s Most Popular Posts and Pages

Posted on November 2, 2022 by admin

Next month, AllColumbusData.com will have its 10-year anniversary. Hard to believe! Here are some stats on just some of what the site now contains:
-338 published posts. 10 additional are already complete and scheduled over the next few months.
-105 specific content pages.
-Well over 2,000 individual and before and after series historic photos.
-143+ years of weather data for both Columbus and its suburbs.
-200+ years of demographic and population data for Columbus and its suburbs.
-Information and photos for hundreds of current and past development projects.
-100+ videos.

What has been the most visited page, the most popular post over the years? Unfortunately, visitor data was lost prior to 2015 for various reasons. However, here have been the top 10 most popular posts and pages since 2015.

Top 10 Posts and the Year Published
1. Before and After How Columbus Changed in 10 Years 2021
This 2-part series was extremely popular last year, and easily became the most visited in the past 7 years.
2. Questions Answered- Columbus Zip Codes 2014
This post was very popular into 2018, but is now defunct. The information on this post ended up becoming bits and parts of other posts and pages.
3. Columbus Retail History- Shopping Centers 2013
One of the oldest posts on the site, it still gets consistent traffic almost a decade later.
4. Columbus Historic Church Demolition 2021
This one detailed plans to demolish an old church on the South Side.
5. Columbus Area Murders by Zip Code 2008-2015 2016
Pretty explanatory. This post provided crude maps of murders by zip code.
6. Columbus’ Greatest Snowstorm 2021
This post gave an account of the March 7-8, 2008 blizzard.
7. Columbus Area Zip Codes and Their Economies 2013
Still a consistent hit after a decade, this post gave details on economic information by local zip code.
8. Winter 2020-2021 Review 2021
Review the 2020-2021 winter with stats and rankings, something that has been done for all winters since 2014.
9. Franklin County Gentrification Trends 1990-2015 2017
This post looked at how income and race changes were driving neighborhood gentrification around Columbus.
10. How We Should Develop Around Intel 2022
The most recent on this list, this post deals with how the area around the Intel project should have a development plan, and detailed a hypothetical map of what that development could look like.

Top 10 Pages
1. Columbus Tornado History
The most popular by far, this page covers historic tornadic events throughout the entire Columbus Metro Area.
2. Olde Towne East Historic Buildings
This has been the most popular of all the Historic Building Database pages to date.
3. Proposed Development
This regularly-updated development page highlights the region’s many proposed projects.
4. Other Residential Historic Buildings
This page was one of the very first to be included in what would eventually become the Historic Building Database. It is defunct now, as its photos were eventually divided into a much greater expansion of featured neighborhoods.
5. Development Under Construction
All the projects currently under construction at any given time.
6. Census Tract Maps
Demographics, population and other data at the census tract level are provided in interactive maps going back to 1930.
7. Winter Storms
This page chronicles significant winter weather events from the past.
8. Columbus Flood History
As above, but dealing with flooding events.
9. Columbus Crime Statistics
Violent and property crime data, maps and demographic data related to Columbus crime are provided going back about 40 years.
10. Completed Development
Buildings and projects that were completed at some point in the past are highlighted on this page going back to the 19th Century.

Any surprises in what has been the most popular? Any posts or pages you’d like to see more of? Let me know here or on the Facebook page if you are enjoying the content or would like to see something different!

Housing Market Update September 2022

Posted on October 15, 2022 by admin

The Housing Market Update September 2022 data from Columbus Realtors continued to support that the local housing shortage is as bad as ever, with low supplies and rising prices.

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

The least populated counties saw some of the largest swings either positively or negatively, which is typically the case given that prices can be determined by a much smaller number of home sales.

Overall Market Median Sales Price in September 2022: $316,812
Based on the 10 Columbus Metro Area counties, the metro price saw about a $10,000 increase over August 2022 and a more than $42,000 increase versus September 2021.
Overall Market Median Sales Price % Change in September 2022 versus September 2021: +15.4%

Now let’s take a look at individual neighborhoods and places within the metro area.

New Albany and some of the other expected suburbs continued to top the charts, but with prices not quite as high as over the summer.

Just 4 local markets out of more than 50 remained below the $200K market in September. Columbus itself was in it usual spot closer to the *relatively* more affordable bottom.

Total Metro New Listings in September 2022: 2,725
Total Metro New Listings Change from September 2021 to September 2022: -500
Year-over-year, new listings were down significantly across the metro area, but especially in Franklin County.

Average # of Days Homes Remain on the Market Before Sale for the Metro Overall in September 2022: 19.9
# of Days Homes Remain on the Market Before Sale for the Metro September 2021 vs. September 2022: -0.3
Homes across the market sold slightly faster than a year ago, but largely due to significant drops in a few rural counties. Most counties saw small increases.

The vast majority of local markets saw substantial increases in the number of days before sale, which is pretty much the only measurement indicating the seller’s market may finally be showing some signs of weakness.

Columbus City Schools Ohio Report Cards

Posted on October 10, 2022 by admin

Ohio School Report Cards are a measure of school performance based on several different categories. This map breaks down Columbus City Schools Ohio Report Cards average scores, as well as several additional data points to help determine the best schools within the district.
Red and yellow indicate the worst schools in terms of the scores, with green and blue being the best.

View larger map

All Columbus Data

The Ohio Capital Supersite

Category Archives: Columbus Population and Demographics

Housing Market Update January 2023

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