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%
