Columbus to be a Rail Hub




Columbus to be a rail hub Amtrak train

In the Spring of 2021, I wrote about Amtrak’s proposal to bring passenger rail back to Columbus as part of its ConnectUS plan. That original plan included Columbus in just one route- the long-sought-after Cleveland-Columbus-Dayton-Cincinnati route, otherwise known as the 3-C Corridor. In my article, my view was that this plan was far too limiting for Columbus. That its growth and location suited the city for much better local and regional connections. Now, Amtrak is calling for Columbus to be a rail hub, complete with multiple routes and connections that rival those found in Chicago.

Here is the original map from last year:
Columbus to be a rail hub

And here is the updated version, recently released:
Columbus to be a rail hub 2022

In the new plan, the Cleveland-Columbus-Dayton-Cincinnati route is maintained, but the following routes would be brand new:
Columbus-Chillicothe
Columbus-Athens
Columbus-Toledo-Detroit
Columbus-Pittsburgh
Columbus-Fort Wayne-Chicago
Louisville-Nashville would be an extension of the Columbus-Dayton-Cincinnati route.
So overall, Columbus residents would have direct connections to 12 different cities. Of course, many of those cities would have their own routes, so Columbus residents would have rail access to large parts of the country under the plan.

The timeline for completion is tentatively for 2035. Most of the proposed routes already have existing rail lines, so it would come down to funding any necessary upgrades along with buying the trains, etc. Whether any of these routes are ever actually built and opened remains to be seen, though. Passenger rail, unlike in most of the world, is politically controversial in the US, and public transit remains deeply underfunded and underbuilt in every part of the nation arguably outside of the New York and Northeast Corridor.



Housing Market Update October 2022



Housing market update October 2022 Columbus, Ohio

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.

Housing market update October 2022 closed sales
Housing market update October 2022 closed sales % change
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?
Housing market update October 2022 closed sales % change by market
Only a handful of markets saw an increase, including Johnstown, which is presumably seeing movement due to the Intel project.
Housing market update October 2022 worst closed sales % change
Most places on this list tended to be among the most expensive local markets, but not all.

Housing market update October 2022 median sales price by county
Housing market update October 2022 median price change
Housing market update October 2022 median price percent change
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.

Housing market update October 2022 most expensive markets
There are few surprises on this chart.

Housing market update October 2022 least expensive markets
Only 3 markets had a median price below $200,000, 2 of which were within I-270.

Housing market update October 2022 greatest price percent change

Housing market update October 2022 lowest median price percent change

Housing market update October 2022 new for sale listings

Housing market update October 2022 new for sale listings change
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.

Housing market update October 2022 listings by market

Housing market update October 2022 fewest new market listings



Housing market update October 2022 average days on market

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.

Housing market update October 2022 fastest-selling markets
Housing market update October 2022 slowest-selling markets

Housing market update October 2022 % decline by days on market
Housing market update October 2022 % increase in days before sale
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.