A little more than 4 years ago, I posted numbers on the recovery of Ohio downtowns, and what that might mean for the future. That post has proven to be one of the site’s most popular. I figured it was time to take a look at their continuing changes.
You can see by the chart for the 1950 Boundary population, the urban core of each city, that all 3-Cs suffered population losses post-1950. However, the rate of losses gradually declined, and 2 of the cities, Columbus and Cincinnati, appear to be growing in this boundary since at least 2010. Cleveland continues to lose.
This is shown further by the chart below.
As far as the actual Downtowns of each, here are the population trends.
For the most part, population declines in the 3-Cs peaked around 1980, give or take a decade. Since then, all of them have seen increases, with Cleveland seeing the most rapid increase and Cincinnati the least. Columbus has seen steady, but increasingly rapid growth with each subsequent decade since 1980.
The recent housing market update January 2017 edition information comes from Columbus Realtors.
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 January 2017 1. New Albany: $535,000 2. New Albany Plain LSD: $397,450 3. German Village: $376,000 4. Powell: $354,950 5. Dublin: $343,600 6. Granville CSD: $330,000 7. Bexley: $325,000 8. Upper Arlington CSD: $319,500 9. Olentangy LSD: $315,000 10. Big Walnut LSD: $306,250 11. Dublin CSD: $271,500 12. Worthington: $270,000 13. Buckeye Valley LSD: $259,000 14. Sunbury: $253,000 15. Downtown: $243,750
Top 15 Least Expensive Locations by Median Sales Price in January 2017 1. Obetz: $80,100 2. Hamilton LSD: $80,100 3. Whitehall: $85,950 4. Newark CSD: $86,900 5. Lancaster CSD: $103,000 6. Jefferson LSD: $123,000 7. London CSD: $124,000 8. Groveport Madison LSD: $125,900 9. Reynoldsburg CSD: $125,950 10. Columbus CSD: $129,900 11. South-Western CSD: $131,000 12. Columbus: $140,026 13. Jonathan Alder LSD: $150,000 14. Minerva Park: $159,500 15. Grove City: $160,950
Overall Market Median Sales Price in January 2017: $160,368 Median Sales Price Change January 2016-January 2016: +$3,172
Top 15 Locations with the Highest Median Sales Price % Growth Between January 2016 and January 2017 1. Whitehall: +69.5% 2. Circleville CSD: +64.9% 3. Sunbury: +63.0% 4. Jefferson LSD: +53.5% 5. Big Walnut LSD: +44.1% 6. Canal Winchester CSD: +40.9% 7. Westerville: +29.8% 8. Westerville CSD: +27.3% 9. Powell: +25.4% 10. Pataskala: +24.0% 11. Olentangy LSD: +23.5% 12. Gahanna Jefferson CSD: +21.8% 13. Grandview Heights: +21.2% 14. Granville CSD: +20.0% 15. Pickerington: +17.7%
Top 15 Locations with the Lowest Median Sales Price % Growth Between January 2016 and January 2017 1. London CSD: -53.5% 2. Obetz: -38.3% 3. Hamilton LSD: -27.1% 4. Jonathan Alder LSD: -25.2% 5. Buckeye Valley LSD: -23.0% 6. Reynoldsburg CSD: -18.7% 7. Hilliard: -17.7% 8. Lancaster CSD: -17.6% 9. Grove City: -15.3% 10. Dublin CSD: -12.8% 11. Johnstown-Monroe LSD: -10.8% 12. Upper Arlington CSD: -8.5% 13. Newark CSD: -8.1% 14. Dublin: -7.1% 15. South-Western CSD: -6.4%
Overall Market Median Sales Price % Change January 2016-January 2017: +2.0%
Top 10 Locations with the Most New Listings in January 2017 1. Columbus: 829 2. Columbus CSD: 544 3. South-Western CSD: 136 4. Olentangy LSD: 122 5. Westerville CSD: 100 6. Hilliard CSD: 94 7. Dublin CSD: 89 8. Worthington CSD: 66 9. Dublin: 64 10. Pickerington LSD: 60
Top 10 Locations with the Fewest New Listings in January 2017 1. Valleyview: 0 2. Lithopolis: 1 3. Minerva Park: 2 4. Sunbury: 2 5. Obetz: 3 6. Johnstown Monroe LSD: 5 7. Jefferson LSD: 8 8. Jonathan Alder LSD: 8 9. German Village: 8 10. Hamilton LSD: 8 11. Northridge LSD: 9
Total New Listings in the Columbus Metro in January 2017: 2,002 Overall Metro New Listings % Change January 2016-January 2017: -1.9%
Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in January 2017 1. Obetz: 18 2. Sunbury: 21 3. Pataskala: 22 4. Jefferson LSD: 26 5. Gahanna: 28 6. Minerva Park: 28 7. Delaware CSD: 29 8. Bexley: 31 9. Hilliard CSD: 31 10. Pickerington: 31 11. Worthington CSD: 31
Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in January 2017 1. Dublin: 96 2. New Albany: 93 3. Dublin CSD: 82 4. Powell: 80 5. Granville CSD: 79 6. Olentangy LSD: 78 7. Downtown: 77 8. Grandview Heights: 76 9. New Albany Plain LSD: 68 10. Canal Winchester CSD: 67 11. New Albany CSD: 65 12. Upper Arlington CSD: 62 13. Circleville CSD: 61 14. Johnstown Monroe LSD: 61 15. Hamilton LSD: 60
# of Days For-Sale Homes Remain on the Market Before Sale Across the Metro Overall: 51.6 Change in # of Days Before Sale January 2016-January 2017: -22.0
Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale January 2016-January2017 1. Obetz: -89.2% 2. Pataskala: -64.5% 3. Whitehall: -64.3% 4. Circleville CSD: -56.1% 5. Gahanna: -53.3% 6. Grove City: -49.2% 7. Delaware CSD: -44.2% 8. Bexley: -40.4% 9. Pickerington LSD: -39.7% 10. Worthington CSD: -38.0%
Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale January 2016-January 2017 1. German Village: +161.1% 2. Worthington: +123.8% 3. Powell: +77.8% 4. Grandview Heights: +46.2% 5. Big Walnut LSD: +41.5% 6. Minerva Park: +40.0% 7. Jonathan Alder LSD: +37.8% 8. Canal Winchester CSD: +31.4% 9. Marysville CSD: +28.3% 10. Johnstown Monroe LSD: +27.1%
% Change for the # of Days Homes Remain on the Market Before Sale Across the Metro Overall: -29.9%