The 2024 housing market in Columbus was largely one that continued trends of the past several years- generally increasing prices, a shortage of inventory and a quick sales turnaround.
We’ll start this look back by reviewing how the overall metro area and individual county housing markets performed. Total 2024 Home Sales in the Metro Area: 24526
2024 Home Sales % Change in the Metro Area: +3.07%
2024 Metro Area Median Sales Price: $335,555
2024 Metro Area Median Sales Price % Change: +5.34%
Both home sales and median sales prices were up in the overall metro area.
Now let’s look at individual sub-markets within the metro.
First, overall sales.
Next up, here is the median sales price data.
And finally, here are the charts for the fastest and slowest-selling markets in 2024.
If you don’t see data for the market you are looking for, vist the Housing Reports page of the Columbus Realtors site.
In the past, I’ve done individual housing market update reports on a monthly basis, but it’s proven to be somewhat impractical from a time management perspective. For 2023, I’ve decided to just do two main updates, one for the mid-year point and the other in December for the year as a whole.
Some changes for the mid-year update format will be that I will include all information January-June for all the Columbus market areas. For the larger tables, you can scroll to see all months.
Top 20 Most Expensive Markets by Median Sales Price January-June
Rank
January
February
March
April
May
June
January-June Median
1
Olentangy LSD: $520,531
New Albany: $921,425
New Albany: $1,112,875
New Albany: $975,000
New Albany: $820,000
New Albany: $788,500
New Albany: $925,000
2
Dublin/Dublin CSD: $519,900
New Albany Plain LSD: $750,000
Grandview Heights: $715,000
New Albany Plain LSD: $899,000
Grandview Heights: $752,000
Powell: $686,255
New Albany Plain LSD: $655,000
3
New Albany: $501,010
Powell: $613,255
New Albany Plain LSD: $684,250
Dublin: $585,000
Upper Arlington CSD: $691,000
New Albany Plain LSD: $655,000
Powell: $620,000
4
Granville CSD: $500,000
Dublin: $590,000
Powell: $612,450
Olentangy LSD: $564,000
Powell: $640,000
Upper Arlington CSD: $625,000
Upper Arlington CSD: $607,000
5
Johnstown-Monroe LSD: $499,000
Bexley: $581,250
Granville CSD: $567,500
Upper Arlington CSD: $550,000
New Albany Plain LSD: $639,900
Dublin: $585,000
Dublin: $570,000
6
Big Walnut LSD: $470,000
Big Walnut LSD: $515,900
German Village: $565,000
German Village: $528,500
Dublin: $580,000
Bexley: $550,500
Olentangy LSD: $540,792
7
Worthington: $467,500
Olentangy LSD: $499,050
Olentangy LSD: $550,000
Bexley: $515,000
Olentangy LSD: $568,000
German Village: $545,000
German Village: $530,000
8
Jonathan Alder LSD: $446,250
Upper Arlington CSD: $467,875
Upper Arlington CSD: $527,500
Powell: $505,000
Dublin CSD: $527,500
Olentangy LSD: $540,000
Bexley: $515,000
9
Buckeye Valley LSD: $445,000
Dublin CSD: $463,975
Dublin: $525,000
Buckeye Valley LSD: $499,000
German Village: $516,500
Granville CSD: $525,000
Dublin CSD: $511,500
10
Powell: $440,000
Worthington: $450,000
Big Walnut LSD: $496,379
Dublin CSD: $485,000
Worthington: $510,444
Buckeye Valley LSD: $508,635
Granville CSD: $500,000
11
New Albany Plain LSD: $430,000
German Village: $450,000
Bexley: $484,250
Big Walnut LSD: $475,000
Big Walnut LSD: $497,000
Dublin CSD: $493,418
Buckeye Valley LSD: $483,900
12
Upper Arlington CSD: $426,250
Hilliard: $438,000
Dublin CSD: $475,000
Sunbury: $462,350
Short North: $495,000
Lithopolis: $485,000
Big Walnut LSD: $480,000
13
Northridge LSD: $405,200
Downtown: $430,000
Buckeye Valley LSD/Sunbury: $438,500
Granville CSD: $450,000
Buckeye Valley LSD: $489,598
Northridge LSD: $480,790
Worthington: $437,500
14
German Village: $405,000
Granville CSD: $420,000
Johnstown-Monroe LSD: $438,000
Short North: $432,000
Granville CSD: $484,950
Short North: $480,000
Short North: $425,000
15
Grandview Heights: $400,000
Beechwold/Clintonville: $407,500
Minerva Park: $432,000
Pickerington: $427,738
Pickerington: $450,000
Grandview Heights: $455,000
Sunbury: $420,000
16
Lithopolis: $383,000
Lithopolis: $405,400
Westerville: $415,000
Beechwold/Clintonville: $425,500
Sunbury: $449,500
Worthington: $450,000
Pickerington: $406,200
17
Bexley: $380,000
Worthington CSD: $400,000
Hilliard: $410,000
Hilliard: $421,200
Jonathan Alder LSD: $445,000
Gahanna Jefferson CSD: $437,500
Johnstown-Monroe LSD: $399,950
18
Pickerington: $370,000
Short North: $386,650
Northridge LSD: $402,690
Pickerington LSD: $415,000
Bexley: $430,000
Jonathan Alder LSD: $436,000
Lithopolis: $396,000
19
Minerva Park: $367,500
Westerville: $379,900
Lithopolis: $396,000
Worthington: $395,000
Northridge LSD: $412,500
Downtown: $427,000
Pickerington LSD: $390,000
20
Sunbury: $339,700
Pickertington/Pickerington CSD: $370,000
Worthington: $391,000
Grandview Heights/Lithopolis: $388,000
Pickerington LSD: $410,000
Hilliard: $420,000
Westerville: $389,888
Top 20 Least Expensive Markets by Median Sales Price January-June
Rank
January
February
March
April
May
June
January-June Avg Median
1
Obetz: $159,900
Miami Trace LSD: $145,000
Circleville CSD: $163,350
Miami Trace LSD: $177,000
London CSD: $190,000
Lancaster CSD: $200,500
Miami Trace LSD: $184,500
2
Miami Trace LSD: $162,500
Whitehall: $165,000
Miami Trace LSD: $170,750
Lancaster CSD: $183,500
Whitehall: $192,000
London CSD: $225,158
Whitehall: $187,500
3
Whitehall: $169,500
Obetz: $186,500
Lancaster CSD: $174,900
Whitehall: $190,000
Newark CSD: $215,000
Miami Trace LSD: $227,000
Lancaster CSD: $199,900
4
Lancaster CSD: $185,500
Lancaster CSD: $195,000
Newark CSD: $178,388
Newark CSD: $198,000
Lancaster CSD: $224,500
Circleville CSD: $229,500
Newark CSD: $209,500
5
Newark CSD: $205,000
Jefferson LSD: $196,400
Whitehall: $199,900
Circleville CSD: $216,000
Circleville CSD: $234,950
Jefferson LSD: $240,000
Circleville CSD: $228,000
6
Columbus CSD: $214,000
Hamilton LSD: $205,900
Columbus CSD: $229,900
Hamilton LSD: $235,000
Miami Trace LSD: $242,450
Newark CSD: $243,500
Hamilton LSD: $237,500
7
London CSD: $215,000
Grandview Heights: $209,500
Hamilton LSD: $249,000
Groveport Madison LSD: $235,500
Hamilton LSD: $250,000
Hamilton LSD: $245,000
Jefferson LSD: $238,000
8
Hamilton LSD: $217,000
Newark CSD: $217,500
Groveport Madison LSD: $250,000
Jefferson LSD: $250,425
Columbus CSD: $255,000
Whitehall: $245,900
London CSD: $240,158
9
Jefferson LSD: $223,500
Minerva Park: $223,000
Jefferson LSD: $255,000
Columbus CSD: $255,000
Obetz: $268,000
Obetz: $250,000
Columbus CSD: $243,000
10
Groveport Madison LSD: $225,000
London CSD: $224,038
Columbus/Reynoldsburg CSD: $255,000
London CSD: $257,500
Groveport Madison LSD: $270,000
Groveport Madison LSD: $261,500
Groveport Madison LSD: $250,000
11
Columbus: $230,000
Columbus CSD: $231,750
South-Western CSD: $285,000
Columbus: $270,000
Columbus: $280,000
Columbus CSD: $265,000
Columbus: $265,000
12
Reynoldsburg CSD: $240,000
Groveport Madison LSD: $243,500
Blacklick: $317,000
Obetz: $285,000
South-Wester CSD: $300,000
Reynoldsburg CSD: $270,000
Obetz: $276,000
13
Circleville CSD: $249,900
Columbus: $250,000
Gahanna: $317,049
South-Western CSD: $287,950
Minerva Park: $300,500
Columbus: $283,500
South-Western CSD: $287,000
14
South-Western CSD: $263,500
Circleville CSD: $250,000
Delaware CSD: $322,500
Marysville CSD: $300,000
Reynoldsburg CSD: $313,000
South-Western CSD: $300,000
Marysville CSD: $322,000
15
Worthington CSD: $273,500
South-Western CSD: $260,000
Marysville CSD: $325,000
Blacklick: $309,500
Canal Winchester CSD: $320,000
Marysville CSD: $318,750
Canal Winchester CSD: $325,000
16
Canal Winchester CSD: $295,000
Reynoldsburg CSD: $293,500
Canal Winchester CSD: $327,500
Johnstown-Monroe LSD: $311,000
Pataskala: $339,500
Blacklick: $348,000
Blacklick: $330,100
17
Blacklick: $299,000
Marysville CSD: $299,900
Gahanna Jefferson CSD: $329,750
Teays Valley LSD: $312,900
Marysville CSD: $342,500
Teays Valley LSD: $348,810
Pataskala: $344,000
18
Teays Valley LSD: $300,000
Buckeye Valley LSD: $302,450
Pataskala: $340,000
Canal Winchester CSD: $325,000
Westerville CSD: $346,000
Grove City: $352,041
Teays Valley LSD: $345,000
19
Delaware CSD: $310,000
Gahanna: $303,500
Beechwold/Clintonville: $343,500
Worthington CSD: $329,101
Downtown/Grove City: $350,000
Delaware CSD: $360,000
Grove City: $350,000
20
Westerville CSD: $324,900
Grove City: $310,000
Obetz/Hilliard CSD: $345,000
Reynoldsburg CSD: $330,000
Gahanna: $353,500
Pataskala: $367,500
Delaware CSD: $350,500
Top 10 Markets with the Largest Median Sales Price Change Year-to-Date June 2022 to June 2023
Rank
Year to Date June 2022 to June 2023
1
New Albany: $100,000
2
Dublin CSD: $66,500
3
Minerva Park: $55,400
4
Bexley: $55,000
5
German Village: $50,000
6
Upper Arlington CSD: $46,550
7
Dublin: $45,000
8
Buckeye Valley LSD: $41,900
9
Newark CSD: $39,723
10
Lithopolis: $36,000
Top 10 Markets with the Smallest Median Sales Price Change Year-to-Date June 2022 to June 2023
Rank
Year-to-Date June 2022 to June 2023
1
Grandview Heights: -$70,000
2
Granville CSD: -$25,000
3
Canal Winchester CSD: -$20,750
4
Pataskala: -$20,000
5
Miami Trace LSD: -$9,500
6
Jefferson LSD: -$3,200
7
Marysville CSD: -$2,700
8
London CSD: -$1,842
9
Pickerington LSD: -$350
10
Gahanna: -$250
Top 10 Markets with the Most New Listings Year-to-Date June 2022 to June 2023
Rank
January-June Total Closed Sales
Year-to-Date Change June 2022 to June 2023
1
Columbus: 4,526
-19.8%
2
Columbus CSD: 3,060
-21.1%
3
South-Western CSD: 805
-16.3%
4
Olentangy LSD: 678
-1.2%
5
Hilliard CSD: 539
-10.9%
6
Westerville CSD: 523
-20.0%
7
Dublin CSD: 476
-16.8%
8
Pickerington LSD: 367
+4.6%
9
Grove City: 319
-22.6%
10
Worthington: 319
-15.6%
Top 10 Markets with the Most Closed Sales Year-to-Date June 2022 to June 2023
Rank
January-June Total Closed Sales
Year-to-Date Change June 2022 to June 2023
1
Columbus: 4,526
-19.8%
2
Columbus CSD: 3,060
-21.1%
3
South-Western CSD: 805
-16.3%
4
Olentangy LSD: 678
-1.2%
5
Hilliard CSD: 539
-10.9%
6
Westerville CSD: 523
-20.0%
7
Dublin CSD: 476
-16.8%
8
Pickerington LSD: 367
+4.6%
9
Grove City: 319
-22.6%
10
Worthington: 319
-15.6%
Top 10 Fastest-Selling Markets Year-to-Date 2023 by # of Days on Market Before Sale
Rank
# of Days Before Sale
Year-to-Date 2022 to 2023
1
Westerville: 10
66.7%
2
Westerville CSD: 13
62.5%
3
Gahanna: 14
133.3%
4
Hilliard: 14
100%
5
Minerva Park: 14
180%
6
New Albany Plain LSD: 14
-17.6%
7
Dublin: 15
50%
8
Worthington CSD: 15
114.3%
9
Bexley: 17
13.3%
10
German Village: 17
41.7%
11
Worthington: 17
142.9%
Top 10 Slowest-Selling Markets Year-to-Date 2023 by # of Days on Market Before Sale
The Housing Market Update November 2022 data from Columbus Realtors showed home sales were down nearly 30% from a year ago, and new listings decreased nearly as much. However, prices remained on their trajectory upwards across the metro area.
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. 9 of the 10 metro counties saw declines, with 8 of them being fairly significant. Few markets were up year-over-year. The worst-performing were mostly among the metro’s most expensive areas, but there were a few standouts otherwise.
No real surprises except that the greatest increases were in the far southeast metro counties, but that could be because of working with a small supply. Overall Market Median Sales Price in November 2022: $302,867 Based on the 10 Columbus Metro Area counties, the metro price saw a more than $29,000 increase over November, 2021. Overall Market Median Sales Price % Change in November, 2022 versus November, 2021: +10.1% Despite the relative collapse in home sales, prices continued to rise by more than 10% year-over-year.
Most counties saw new listing totals drop year-over-year. This may have helped keep prices going up as demand hasn’t evaporated. Total Metro New Listings in November, 2022: 1,723 Total Metro New Listings Change from November, 2021 to November, 2022: -489
Average # of Days Homes Remain on the Market Before Sale for the Metro Overall in November, 2022: 23.1 # of Days Homes Remain on the Market Before Sale for the Metro November, 2021 vs. November, 2022: +10.5 Homes sold more slowly around the Columbus metro, but only by a few days. The rate of sale is still historically fast.
For this update, I’m going to do things a bit differently. In previous updates, I have done long ranking lists and it got to be a bit overwhelming. So starting with this update, I’m going to do more charts instead.
In any case, August continued the year-long trend of home sales being down, with the month coming in at more than 11% off from the same time last year. Prices, however, were up more than 6% to reach a monthly record. There continues to be a supply problem, which is the main mechanism driving both lower sales and higher prices.
June’s housing data for the Columbus region was just released. The month continued the same story as the previous 5 months, with home sales down due to a lack of inventory. Prices continued to rise and the number of days to sell a home continued to fall in relation to this problem. As always, I looked at 21 major areas of the Columbus region, both urban and suburban. Here is how those areas performed.
Top 10 June 2014 Sales Totals 1. Columbus: 1,045 2. Upper Arlington: 109 3. Dublin: 108 4. Clintonville: 83 5. Westerville: 77 6. Gahanna: 63 7. Grove City: 62 8. Reynoldsburg: 59 9. New Albany: 38
Top 10 June 2014 Sales Increases over June 2013 1. Downtown: +72.0% 2. Grove City: +14.5% 3. Gahanna: +12.7% 4. German Village: +10.5% 5. Grandview Heights: +6.3% 6. Canal Winchester: +3.8% 7. Hilliard: 0.0% 8. Minerva Park: 0.0% 9. Columbus: -1.8% 10. Reynoldsburg: -5.1%
Top 10 Year-to-Date Sales Through June 2014 1. Columbus: 4,803 2. Dublin: 362 3. Grove City: 332 4. Clintonville: 323 5. Westerville: 299 6. Upper Arlington: 294 7. Reynoldsburg: 265 8. Hilliard: 258 9. Gahanna: 221 10. Pickerington: 136
Top 10 Year-to-Date Increases Through June 2014 Over 2013 1. Obetz: +42.1% 2. Downtown: +13.4% 3. Grove City: +11.0% 4. New Albany: +2.8% 5. Reynoldsburg: -0.4% 6. Westerville: -3.2% 7. Pataskala: -3.4% 8. German Village: -3.9% 9. Columbus: -5.3% 10. Clintonville: -5.8%
Average Sales June 2014 Urban: 122.3 Suburban: 55.1 Urban without Columbus: 30
Average % Change June 2014 vs. June 2013 Urban: -5.8% Suburban: -5.1% Urban without Columbus: -6.0%
Average YTD Sales Through June 2014 Urban: 545 Suburban: 222.6 Urban without Columbus: 119.2
Average YTD % Change YTD Through June 2014 Urban: -4.8% Suburban: -5.3% Urban without Columbus: -4.7%
Top 10 Average Sales Price June 2014 1. New Albany: $659,186 2. Upper Arlington: $389,575 3. Bexley: $382,496 4. Dublin: $377,541 5. German Village: $307,753 6. Downtown: $300,582 7. Worthington: $283,209 8. Grandview Heights: $246,271 9. Hilliard: $230,396 10. Gahanna: $229,845
Top 10 Average Sales Price % Change June 2014 vs. June 2013 1. Whitehall: +55.6% 2. Worthington: +17.7% 3. New Albany: +15.8% 4. Bexley: +15.6% 5. Columbus: +12.2% 6. Clintonville: +9.3% 7. Hilliard: +8.5% 8. Canal Winchester: +7.4% 9. Pickerington: +6.7% 10. Gahanna: +6.4%
Top 10 Average Sales Prices YTD Through June 2014 1. New Albany: $541,077 2. Dublin: $360,202 3. Upper Arlington: $348,160 4. Bexley: $334,491 5. Downtown: $305,215 6. German Village: $302,117 7. Worthington: $261,659 8. Grandview Heights: $245,946 9. Hilliard: $225,849 10. Gahanna: $213,782
Top 10 Average YTD Sales Price % Change Through June 2014 vs. 2013 1. Obetz: +24.7% 2. Grandview Heights: +15.5% 3. Worthington: +11.3% 4. Pataskala: +10.8% 5. Columbus: +10.6% 6. Pickerington: +9.9% 7. Canal Winchester: +9.5% 8. Downtown: +9.5% 9. Dublin: +9.2% 10. Westerville: +8.5%
Average Sales Price June 2014 Urban: $232,965 Suburban: $253,488 Urban without Columbus: $240,917
Average Sales Price Change June 2014 vs. June 2013 Urban: +7.6% Suburban: +5.0% Urban without Columbus: +7.1%
Average Sales Price YTD Through June 2014 Urban: $220,893 Suburban: $234,492 Urban without Columbus: $229,327
Average Sales Price % Change YTD Through June 2014 Urban: +6.6% Suburban: +7.5% Urban without Columbus: +6.2%
Top 10 Fastest Selling Markets June 2014 (Based on Average # of Days for Listings to Sell) 1. Worthington: 21 2. Upper Arlington: 36 3. Clintonville: 38 4. Gahanna: 39 5. Hilliard: 39 6. Dublin: 40 7. German Village: 42 8. Obetz: 45 9. Bexley: 46 10. Pataskala, Westerville: 47
Average # of Days Before Sale, June 2014 Urban: 47.8 Suburban: 54.3 Urban without Columbus: 47.3
Average # of Days Before Sale YTD Through June 2014 Urban: 58.6 Suburban: 67.8 Urban without Columbus: 57.4
Top 10 Lowest Market Housing Supplies June 2014 (Based on # of Months to Sell all Listings) 1. Grandview Heights: 1.0 2. Worthington: 1.4 3. Westerville: 2.0 4. Clintonville: 2.1 5. German Village: 2.1 6. Gahanna: 2.3 7. Hilliard: 2.5 8. Minerva Park: 2.7 9. Obetz: 2.7 10. Upper Arlington: 2.7
A healthy housing supply is considered to be around 5-6 months. Anything less than 3 months is considered very low. Grandview’s 1 month is ridiculously low and the lowest reading I’ve seen for any area.
Average # of Months to Sell All Listings, June 2014 Urban: 2.7 Suburban: 3.5 Urban without Columbus: 2.6
Average % Change of Single-Family Home Sales June 2014 vs. June 2013 Urban: +33.2% Suburban: -5.4% Urban without Columbus: +36.8%
Average % Change of Single-Family Home Sales YTD Through June 2014 vs. YTD 2013 Urban: -8.8% Suburban: -5.4% Urban without Columbus: -8.9%
Average % Change of Condo Sales June 2014 vs. June 2013 Urban: -4.0% Suburban: +41.0% Urban without Columbus: -5.0%
Average % Change of Condo Sales YTD Through June 2014 vs. YTD 2013 Urban: +19.3% Suburban: +7.0% Urban without Columbus: +21.0%
