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Housing Market Update May 2022

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Local housing market update May 2022 Columbus, Ohio

In this latest edition of the Housing Market Update May 2022, we see that home prices continue to reach record levels in the metro area, and houses are selling faster than ever. With rising mortgage interest rates, will the region eventually see a slowdown?

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 2022
1. New Albany: $789,900
2. New Albany Plain LSD: $650,000
3. Big Walnut LSD: $572,127
4. Powell: $565,000
5. Upper Arlington CSD: $558,000
6. Dublin: $555,000
7. Grandview Heights: $545,000
8. Granville CSD: $530,000
9. Dublin CSD: $515,000
10. Olentangy LSD: $505,000
11. Buckeye Valley LSD: $495,000
12. Worthington: $481,000
13. German Village: $475,000
14. Bexley: $470,000
15. Pickerington: $444,000
16. Canal Winchester CSD: $430,000
Several suburbs now have median prices at or above half a million dollars, with several others not too far behind.

Top 15 Least Expensive Locations by Median Sales Price in May 2022
1. Lancaster CSD: $175,000
2. Miami Trace LSD: $180,000
3. Newark CSD: $184,000
4. Circleville CSD: $187,500
5. Whitehall CSD: $205,000
6. Jefferson LSD: $220,000
7. London CSD: $227,450
8. Groveport Madison LSD: $243,000
9. Hamilton LSD: $256,700
10. Obetz: $256,700
11. Columbus CSD: $257,500
12. Columbus: $277,750
13. Reynoldsburg CSD: $280,500
14. Minerva Park: $291,500
15. South Western CSD: $295,450
On the opposite side of things, even some of the cheapest markets are approaching the $300K mark. Columbus itself remains *relatively* affordable in comparison to the market overall.

Overall Market Median Sales Price in May: $303,460
Based on the 10 Columbus Metro Area counties.

Top 15 Locations with the Highest Median Sales Price % Growth Between May 2021 and May 2022
1. Canal Winchester CSD: +65.4%
2. Big Walnut LSD: +50.4%
3. Whitehall: +48.6%
4. Northridge LSD: +42.6%
5. Groveport Madison LSD: +39.0%
6. Grandview Heights: +38.3%
7. Granville CSD: +31.7%
8. Gahanna: +27.6%
9. Teays Valley LSD: +26.4%
10. Pataskala: +26.3%
11. Pickerington: +25.1%
12. Downtown: +24.3%
13. Johnstown-Monroe LSD: +23.5%
14. Powell: +22.8%
15. Sunbury: +22.5%

Top 15 Locations with the Lowest Median Sales Price % Growth Between May 2021 and May 2022
1. German Village: -24.6%
2. Miami Trace LSD: -19.3%
3. Obetz: -14.0%
4. Bexley: -5.5%
5. Delaware CSD: -4.7%
6. New Albany: -2.5%
7. Minerva Park: -2.2%
8. Lancaster CSD: -0.6%
9. Newark CSD: -0.1%
10. Jonathan Alder LSD: 0.0%
11. Short North: 0.5%
12. London CSD: +1.1%
13. Westerville: +2.4%
14. Circleville CSD: +3.0%
15. Beechwold/Clintonville: +3.5%
So far, the “Intel Effect” has yet to kick in in places like Newark and some Northeast Side communities. Only Johnstown is seeing a significant price increase. This may have to do with some of these places already being overvalued, especially New Albany.

Overall Market Median Sales Price % Change May 2022 vs. May 2021: +14.5%
Based on 53 metro market locations.

Top 10 Locations with the Most New Listings in May 2022
1. Columbus: 1,337
2. Columbus CSD: 898
3. Olentangy LSD: 214
4. South Western CSD: 210
5. Hilliard CSD: 162
6. Dublin CSD: 146
7. Westerville CSD: 139
8. Worthington CSD: 94
9. Dublin: 90
10. Lancaster CSD: 88

Top 10 Locations with the Fewest New Listings in May 2022
1. Valleyview: 0
2. Lithopolis: 2
3. Minerva Park: 5
4. Obetz: 6
5. Jefferson LSD: 12
6. Northridge LSD: 14
7. Johnstown-Monroe LSD: 15
8. Miami Trace LSD: 18
9. Sunbury: 20
10. Granville CSD: 20
11. German Village: 21

Total New Listings in the Columbus Metro in May 2022: +3,362
Overall Metro New Listings % Change May 2022 vs May 2021: -3.1%
New listings fell in May year-over-year even though the late spring is often a time when more homes go onto the market. Franklin County had one of the largest declines in inventory, dropping about 6.9%.



Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in May 2022
1. Grandview Heights: 3
2. Canal Winchester CSD: 4
3. Hilliard: 4
4. Miami Trace LSD: 4
5. Minerva Park: 4
6. Westerville: 4
7. Westerville CSD: 4
8. German Village: 5
9. Hilliard CSD: 5
10. Marsyville CSD: 5
11. Powell: 5
12. Reynoldsburg CSD: 5
13. Sunbury: 5
14. Worthington: 5
15. Worthington CSD: 5
16. Bexley: 6
17. Dublin: 6
18. Groveport Madison LSD: 6
19. Jefferson LSD: 6
20. Pickerington: 6
21. Hamilton LSD: 7
22. Lancaster CSD: 7
23. Newark CSD: 7
24. Pickerington LSD: 7
25. Upper Arlington CSD: 7
26. Whitehall: 7
27. Beechwold/Clintonville: 8
28. Gahanna: 8
29. Delaware CSD: 9
30. South Western CSD: 9
31. Blacklick: 10
32. Columbus: 10
33. Johnstown-Monroe LSD: 10
34. Gahanna Jefferson LSD: 12
35. Dublin CSD: 13
36. Grove City: 13

The “Top 10” became the Top 36 just given that most of the local markets are selling so similarly quickly. There is relatively little spread between the fastest and slowest-selling markets, with some obvious exceptions.

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in May 2022
1. Northridge LSD: 84
2. Downtown: 75
3. New Albany: 29
4. Buckeye Valley LSD: 28
5. Granville CSD: 27
6. Teays Valley LSD: 27
7. London CSD: 26
8. Short North: 25
9. Jonathan Alder LSD: 22
10. Big Walnut LSD: 20
11. New Albany LSD: 19
12. Obetz: 19
13. Pataskala: 19

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale May 2022 vs. May 2021
1. Bexley: -76.0%
2. Jefferson LSD: -73.9%
3. Lancaster CSD: -72.0%
4. Dublin: -68.4%
5. Johnstown-Monroe LSD: -64.3%
6. Grandview Heights: -62.5%
7. Reynoldsburg CSD: -58.3%
8. Short North: -51.0%
9. Hamilton LSD: -50.0%
10. Hilliard: -50.0%
11. Westerville: -50.0%
12. Hilliard CSD: -44.4%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale May 2022 vs. May 2021
1. Northridge LSD: +1,300.0%
2. Jonathan Alder LSD: +633.3%
3. Valleyview: +400.0%
4. London CSD: +188.9%
5. New Albany: +141.7%
6. New Albany LSD: +111.1%
7. Downtown: +92.3%
8. Granville CSD: +80.0%
9. Circleville CSD: +77.8%
10. Teays Valley LSD: +68.8%

% Change for the # of Days Homes Remain on the Market Before Sale Across the Metro Overall: 15.6
Overall Metro Days on Market % Change May 2022 vs May 2021: -1.3%

Columbus Realtors offers monthly housing reports and other data back several years.



Housing Market Update March 2022

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Local Housing Market Update March 2022 Columbus, Ohio

The local housing market update March 2022 has been release by Columbus Realtors. 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 March 2022
1. New Albany: $682,500
2. German Village: $667,500
3. Powell: $638,000
4. New Albany Plain LSD: $535,000
5. Grandview Heights: $535,000
6. Upper Arlington CSD: $525,000
7. Big Walnut LSD: $520,000
8. Olentangy LSD: $500,000
9. Dublin: $481,000
10. Short North: $480,000
11. Granville CSD: $460,000
12. Dublin CSD: $430,000
13. Jonathan Alder LSD: $413,500
14. Bexley: $410,000
15. Pickerington: $408,000
16. Worthington: $408,000

Top 15 Least Expensive Locations by Median Sales Price in March 2022
1. Whitehall: $160,250
2. Circleville CSD: $162,500
3. Newark CSD: $180,000
4. Lancaster CSD: $180,000
5. Hamilton LSD: $185,000
6. Obetz: $209,000
7. Miami Trace: $214,000
8. Columbus CSD: $234,000
9. Groveport Madison LSD: $237,500
10. Jefferson LSD: $240,950
11. Columbus: $248,000
12. London CSD: $250,000
13. South-Western CSD: $260,000
14. Blacklick: $270,000
15. Reynoldsburg CSD: $286,250

Overall Market Median Sales Price in March: $279,265
Based on the 10 Columbus Metro Area counties.

Top 15 Locations with the Highest Median Sales Price % Growth Between March 2021 and March 2022
1. Johnstown-Monroe LSD: +60.0%
2. Miami Trace LSD: +40.9%
3. German Village: +40.4%
4. Reynoldsburg CSD: +39.5%
5. Teays Valley LSD: +36.9%
6. Big Walnut LSD: +35.1%
7. Jefferson LSD: +30.2%
8. Jonathan Alder LSD: +29.2%
9. Pataskala: +28.6%
10. Northridge LSD: +28.5%
11. Groveport Madison LSD: +28.4%
12. Canal Winchester CSD: +25.6%
13. Hilliard CSD: +24.7%
14. Delaware CSD: +24.3%
15. Newark CSD: +23.3%

Top 15 Locations with the Lowest Median Sales Price % Growth Between March 2021 and March 2022
1. Circleville CSD: -22.6%
2. Lithopolis: -15.6%
3. Obetz: -8.1%
4. Buckeye Valley LSD: -3.0%
5. Bexley: -0.7%
6. London CSD: -0.4%
7. New Albany Plain LSD: +2.2%
8. Dublin CSD: +2.6%
9. Blacklick: +2.7%
10. Dublin: +4.1%
11. Grove City: +4.4%
12. New Albany: +4.7%
13. Sunbury: +5.5%
14. Worthington CSD: +9.7%
15. Westerville: +10.1%

Curiously, New Albany has not yet seen significant housing cost increases despite the news of the Intel development announced a few months ago, but that may just be due to the fact that housing prices there exceed all other markets by a good margin already.

Overall Market Median Sales Price % Change March 2022 vs. March 2021: +19.6%
Based on 52 metro market locations.

Top 10 Locations with the Most New Listings in March 2022
1. Columbus: 1,161
2. Columbus CSD: 773
3. South Western CSD: 205
4. Olentangy LSD: 151
5. Westerville CSD: 144
6. Hilliard CSD: 121
7. Dublin CSD: 113
8. Pickerington LSD: 94
9. Worthington CSD: 85
10. Grove City: 84

Top 10 Locations with the Fewest New Listings in March 2022
1. Valleyview: 1
2. Minerva Park: 1
3. Lithopolis: 3
4. Sunbury: 10
5. Northridge LSD: 10
6. Obetz: 12
7. Johnstown Monroe LSD: 12
8. German Village: 13
9. Powell: 13
10. Jefferson LSD: 14
11. Whitehall: 14

Total New Listings in the Columbus Metro in March 2022: +2,901
Overall Metro New Listings % Change March 2022 vs March 2021: +3.7%

New listings did increase in March versus a year ago, but only slightly. Listings tend to increase as the weather warms up.



Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in March 2022
1. Lithopolis: 2
2. Miami Trace LSD: 3
3. Minerva Park: 3
4. Pickerington: 4
5. German Village: 5
6. Westerville: 5
7. Worthington: 5
8. Worthington CSD: 5
9. Dublin: 7
10. Gahanna: 7
11. Groveport Madison LSD: 7
12. New Albany: 7

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in March 2022
1. Northridge LSD: 78
2. Downtown: 60
3. Granville CSD: 52
4. Short North: 51
5. Grandview Heights: 38
6. Oberz: 27
7. Circleville CSD: 25
8. Delaware CSD: 22
9. Hamilton LSD: 22
10. Johnstown Monroe LSD: 22

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale March 2022 vs. March 2021
1. Lithopolis: -96.6%
2. Miami Trace LSD: -85.7%
3. Pickerington: -84.6%
4. Dublin: -81.1%
5. Worthington CSD: -76.2%
6. Big Walnut LSD: -75.5%
7. Worthington: -72.2%
8. German Village: -70.6%
9. Westerville: -68.8%
10. Powell: -67.3%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale March 2022 vs. March 2021
1. Canal Winchester CSD: +466.7%
2. Johnstown Monroe LSD: +450.0%
3. Northridge LSD: +254.5%
4. Granville CSD: +126.1%
5. Hilliard: +100.0%
6. Hamilton LSD: +69.2%
7. Obetz: +50.0%
8. Whitehall: +44.4%
9. London CSD: +30.0%
10. Grove City: +28.6%
11. Teays Valley LSD: +28.6%

% Change for the # of Days Homes Remain on the Market Before Sale Across the Metro Overall: 20.4
Overall Metro Days on Market % Change March 2022 vs March 2021: -12.1%



Housing Market Update June 2021

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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.



Housing Market Update May 2021

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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.



Housing Market Update April 2021

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housing market update April 2021 Columbus, Ohio

The monthly housing market update April 2021 has been released from Columbus Realtors. The results continue ongoing trends of rising prices and low supply.

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 April 2021
1. New Albany: $677,500
2. German Village: $570,000
3. Bexley: $527,500
4. Dublin: $514,000
5. Powell: $500,000
6. Grandview Heights: $486,000
7. New Albany Plain LSD: $469,393
8. Upper Arlington CSD: $465,008
9. Olentangy LSD: $446,575
10. Dublin CSD: $437,000
11. Buckeye Valley LSD: $425,000
12. Jonathan Alder LSD: $422,000
13. Granville CSD: $410,000
14. Worthington: $409,250
15. Short North: $405,500

New Albany continued to top the charts, and remained more than $100K over second place.

Top 15 Least Expensive Locations by Median Sales Price in April 2021
1. Newark CSD: $140,000
2. Circleville CSD: $164,900
3. Whitehall: $165,000
4. Hamilton LSD: $195,250
5. Groveport Madison LSD: $196,000
6. Jefferson LSD: $198,000
7. Lancaster CSD: $200,000
8. London CSD: $207,500
9. Columbus CSD: $217,000
10. Obetz: $225,100
11. Columbus: $228,500
12. South-Western CSD: $230,000
13. Reynoldsburg CSD: $237,900
14. Canal Winchester CSD: $245,500
15. Minerva Park: $245,551

Columbus and some of its suburbs remained relative bargains in April.

Overall Market Median Sales Price in April 2021: $251,135
The overall market is defined by Columbus Metro Area counties.

Top 15 Locations with the Highest Median Sales Price % Growth Between April 2020 and April 2021
1. German Village: +67.2%
2. Jonathan Alder LSD: +42.1%
3. Worthington: +39.3%
4. Blacklick: +38.6%
5. Buckeye Valley LSD: +36.7%
6. Powell: +33.8%
7. Teays Valley LSD: +30.6%
8. Whitehall: +29.7%
9. Worthington CSD: 26.4%
10. London CSD: +25.8%
11. Olentangy LSD: 24.7%
12. Bexley: +24.1%
13. Westerville CSD: 22.9%
14. Jefferson LSD: +21.5%
15. South-Western CSD: +21.1%
16. Marysville CSD: +20.3%

Top 15 Locations with the Lowest Median Sales Price % Growth Between April 2020 and April 2021
1. Grandview Heights: -20.4%
2. New Albany Plain LSD: -10.3%
3. Canal Winchester CSD: -8.4%
4. Downtown: -8.0%
5. Johnstown-Monroe LSD: -6.8%
6. New Albany: -6.6%
7. Lithopolis: -6.3%
8. Newark CSD: -2.1%
9. Big Walnut LSD: +0.3
10. Circleville CSD: +0.6%
11. Granville CSD: +1.4%
12. Reynoldsburg CSD: +2.9%
13. Pataskala: +5.0%
14. Minerva Park: +5.8%
15. Gahanna Jefferson CSD: +6.4%

Urban areas generally improved significantly over earlier in the year. Downtown was still down, but by less than in previous months, so it seems the urban market is now well underway with a recovery.

Overall Market Median Sales Price % Change April 2021 vs. April 2020: +13.8%

Top 10 Locations with the Most New Listings in April 2021
1. Columbus: 1,328
2. Columbus CSD: 917
3. South-Western CSD: 197
4. Westerville CSD: 182
5. Olentangy LSD: 177
6. Hilliard CSD: 171
7. Dublin CSD: 153
8. Worthington CSD: 108
9. Pickerington LSD: 105
10. Grove City: 100

Columbus lead again, and had a few hundred more listings in April than it did in March. Listings overall were up in most places compared to a year ago, a small glimmer of good news.

Top 10 Locations with the Fewest New Listings in April 2021
1. Valleyview: 3
2. Lithopolis: 6
3. Obetz: 8
4. Jefferson LSD: 9
5. Sunbury: 9
6. Johnstown-Monroe LSD: 9
7. Jonathan Alder LSD: 10
8. Minerva Park: 11
9. Circleville CSD: 13
10. Grandview Heights: 14

Total New Listings in the Columbus Metro in April 2021: 3,250
Overall Metro New Listings % Change April 2021 vs April 2020: +41.1%



Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in April 2021
1. Lithopolis: 2
2. Minerva Park, Sunbury: 3
3. Big Walnut LSD, Jonathan Alder LSD: 4
4. Canal Winchester CSD, Jefferson LSD, Reynoldsburg CSD, Westerville, Worthington: 5
5. Groveport Madison LSD: 7
6. Beechwold/Clintonville, Delaware CSD, Hilliard CSD, Johnstown-Monroe LSD, Powell, Westerville CSD, Worthington CSD: 8
7. Hamilton LSD, South-Western CSD: 9
8. Hilliard, Pickerington LSD: 10
9. Obetz: 11
10. Bexley, Circleville CSD, Columbus: 12

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in April 2021
1. Short North: 52
2. New Albany: 49
3. Granville CSD, New Albany Plain LSD: 39
4. German Village: 38
5. Grandview Heights: 28
6. Downtown: 27
7. Buckeye Valley LSD: 25
8. Lancaster CSD: 23
9. Marysville CSD, Olentangy LSD: 20
10. Upper Arlington CSD: 18

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale April 2021 vs March 2020
1. Lithopolis: -97.0%
2. Minerva Park: -94.6%
3. Big Walnut LSD: -93.7%
4. Johnstown-Monroe LSD: -92.3%
5. Canal Winchester CSD: -87.2%
6. Jonathan Alder LSD: -85.7%
7. Downtown: -81.0%
8. Delaware CSD: -80.0%
9. Hamilton LSD: -75.0%
10. Groveport Madison LSD: -73.1%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale April 2021 vs March 2020
1. Short North: +73.3%
2. New Albany Plain LSD: +62.5%
3. New Albany: +44.1%
4. Jefferson LSD: +25.0%
5. Lancaster CSD: +4.5%
6. Upper Arlington CSD: 0.0%
7. Grove City: -7.1%
8. Buckeye Valley LSD: -16.7%
9. Gahanna: -18.8%
10. German Village: -24.0%

% Change for the # of Days Homes Remain on the Market Before Sale Across the Metro Overall:
-46.7%

The market heated up even more in April. Despite more homes on the market, houses were selling the fastest they have in any month year to date. The improvements in sales came across the metro area, including urban areas that had been lagging behind somewhat in previous months.