Housing Market Update April 2022



housing market update April 2022 Columbus, Ohio

All data for the Housing Market Update 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 April 2022
1. New Albany: $650,000
2. New Albany Plain LSD: $635,000
3. Powell: $605,663
4. Grandview Heights: $585,000
5. Upper Arlington CSD: $580,000
6. Granville CSD: $566,500
7. German Village: $565,000
8. Bexley: $562,000
9. Dublin: $547,500
10. Olentangy LSD: $508,900
11. Worthington: $507,500
12. Dublin CSD: $480,000
13. Big Walnut LSD: $463,178
14. Hilliard: $450,000
15. Sunbury: $427,500

Top 15 Least Expensive Locations by Median Sales Price in April 2022
1. Newark CSD: $175,000
2. Whitehall: $190,000
3. Lancaster CSD: $190,000
4. Circleville CSD: $200,000
5. Miami Trace LSD: $210,000
6. Hamilton LSD: $214,500
7. Obetz: $220,000
8. London CSD: $244,750
9. Columbus CSD: $247,000
10. Groveport Madison LSD: $253,500
11. Columbus: $263,000
12. South Western CSD: $275,000
13. Jefferson LSD: $285,000
14. Reynoldsburg CSD: $299,850
15. Gahanna: $310,000
Even the cheapest markets are mostly above $200K now.

Overall Market Median Sales Price in April: $300,875
Based on the 10 Columbus Metro Area counties. This price was slightly lower than in May.

Top 15 Locations with the Highest Median Sales Price % Growth Between April 2021 and April 2022
1. Minerva Park: +59.6%
2. Lithoplis: +44.1%
3. Jefferson LSD: +43.9%
4. Miami Trace LSD: +40.0%
5. Pataskala: +39.6%
6. Granville CSD: +38.2%
7. Sunbury: +37.7%
8. Canal Winchester CSD: +36.7%
9. New Albany Plain LSD: +35.3%
10. Grove City: +30.4%
11. Groveport Madison LSD: +29.3%
12. Worthington CSD: +27.8%
13. Reynoldsburg CSD: +26.0%
14. Newark CSD: +25.0%
15. Upper Arlington CSD: +24.7%

Top 15 Locations with the Lowest Median Sales Price % Growth Between April 2021 and April 2022
1. Jonathan Alder LSD: -21.6%
2. Short North: -18.6%
3. Buckeye Valley LSD: -17.6%
4. Lancaster CSD: -5.0%
5. New Albany: -4.1%
6. Obetz: -2.3%
7. German Village: -0.9%
8. Beechwold/Clintonville: +4.3%
9. Dublin: +6.5%
10. Bexley: +6.5%
11. Dublin CSD: +9.8%
12. Hamilton LSD: +9.9%
13. Westerville: +11.9%
14. Columbus CSD: +13.8%
15. Olentangy LSD: +14.0%
16. Columbus: +15.1%
Columbus core neighborhoods and Columbus overall saw some of the smallest or even negative price changes.

Overall Market Median Sales Price % Change April 2022 vs. April 2021: +19.8%

Top 10 Locations with the Most New Listings in April 2022
1. Columbus: 1,260
2. Columbus CSD: 856
3. South Western CSD: 223
4. Olentangy LSD: 170
5. Westerville CSD: 161
6. Hilliard CSD: 136
7. Dublin CSD: 131
8. Pickerington LSD: 99
9. Grove City: 93
10. Worthington CSD: 91

Top 10 Locations with the Fewest New Listings in April 2022
1. Valleyview: 1
2. Lithopolis: 3
3. Jefferson LSD: 5
4. Minerva Park: 6
5. Grandview Heights: 7
6. Northridge LSD: 8
7. Obetz: 10
8. German Village: 10
9. Sunbury: 11
10. Jonathan Alder LSD: 12
11. Hamilton LSD: 15
12. Granville CSD: 15

Total New Listings in the Columbus Metro in April 2022: +3,194
Overall Metro New Listings % Change April 2022 vs April 2021: -1.7%



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

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in April 2022
1. Northridge LSD: 58
2. Downtown: 40
3. Short North: 31
4. London CSD: 24
5. Buckeye Valley LSD: 23
6. Grove City: 22
7. Pataskala: 21
8. New Albany: 20
9. Teays Valley LSD: 15
10. Columbus CSD: 14
11. New Albany Plain LSD: 14
12. South Western CSD: 14

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale April 2022 vs. April 2021
1. Miami Trace LSD: -86.3%
2. Gahanna: -76.9%
3. Gahanna Jefferson CSD: -75.0%
4. Granville CSD: -74.4%
5. Blacklick: -71.4%
6. German Village: -71.1%
7. New Albany Plain LSD: -64.1%
8. Obetz: -63.6%
9. New Albany: -59.2%
10. Upper Arlington CSD: -55.6%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale April 2022 vs. April 2021
1. Lithopolis: +200.0%
2. Northridge LSD: +176.2%
3. Grove City: +69.2%
4. Sunbury: +66.75
5. Pataskala: +61.5%
6. London CSD: +60.0%
7. South Western CSD: +55.6%
8. Downtown: +48.1%
9. Westerville: +40.0%
10. Delaware CSD: +37.5%
11. Johnstown-Monroe LSD: +37.5%

Total # of Days Homes Remain on the Market Before Sale Across the Metro Overall: 13.7
Overall Metro Days on Market % Change April 2022 vs April 2021: -35.7%
Homes were selling on average almost 8 days after than a year ago.



Housing Market Update February 2014



housing market update February 2014 Columbus, Ohio

Unfortunately, I have been unable to update this site for about a month, but I am back now and have quite a bit to add. First, I have the numbers for the local Housing Market Update February 2014. Due to changes in the way the numbers were gotten, January’s were not available. I still do them for 21 major areas of Franklin County, however, and here they are. As always, the data is from Columbus Realtors.

Top 10 February 2014 Sales Totals
1. Columbus: 535
2. Grove City: 39
3. Westerville: 36
4. Upper Arlington: 33
5. Dublin: 31
6. Hilliard: 30
7. Reynoldsburg: 29
8. Clintonville: 28
9. Gahanna: 23
10. Downtown: 14

Top 10 February 2014 Sales Increases over February 2013
1. Obetz: +200.0%
2. Westerville: +38.5%
3. Grove City: +14.7%
4. German Village: +10.0%
5. Hilliard: +7.1%
6. Gahanna: +0.0%
7. New Albany: +0.0%
8. Upper Arlington: +0.0%
9. Whitehall: +0.0%
10. Downtown: -6.7%

Top 10 Year-to-Date Sales Through February 2014
1. Columbus: 1,076
2. Dublin: 72
3. Grove City: 65
4. Clintonville: 62
5. Reynoldsburg: 59
6. Westerville: 59
7. Upper Arlington: 55
8. Hilliard: 54
9. Gahanna: 40
10. Canal Winchester: 29

Top 10 Year-to-Date Increases Through February 2014 Over 2013
1. Obetz: +300.0%
2. Pataskala: +20.8%
3. Worthington: +8.0%
4. German Village: +6.7%
5. Reynoldsburg: +3.5%
6. Grove City: +3.2%
7. Westerville: -1.7%
8. Hilliard: -1.8%
9. Clintonville: -6.1%
10. Columbus: -6.8%

Average Sales February 2014
Urban: 60.1
Suburban: 22.9
Urban without Columbus: 12.6

Average % Change February 2014 vs. February 2013
Urban: -1.1%
Suburban: -7.1%
Urban without Columbus: -0.2%

Average YTD Sales Through February 2014
Urban: 120
Suburban: 45.1
Urban without Columbus: 24.4

Average YTD % Change YTD Through February 2014
Urban: +11.8%
Suburban: -9.4%
Urban without Columbus: +13.7%

Top 10 Average Sales Price February 2014
1. New Albany: $641,524
2. Bexley: $460,307
3. Upper Arlington: $378,852
4. Dublin: $334,967
5. Grandview: $318,667
6. Downtown: $302,720
7. German Village: $232,014
8. Worthington: $227,422
9. Westerville: $209,149
10. Hilliard: $199,724

Top 10 Average Sales Price % Change February 2014 vs. February 2013
1. Grandview: +68.6%
2. Pataskala: +47.1%
3. Upper Arlington: +46.5%
4. Bexley: +46.1%
5. Pickerington: +28.6%
6. Westerville: +25.9%
7. Obetz: +25.0%
8. Reynoldsburg: +19.9%
9. Canal Winchester: +17.6%
10. Hilliard: +13.1%

Top 10 Average Sales Prices YTD Through February 2014
1. New Albany: $515,036
2. Bexley: $418,680
3. Upper Arlington: $343,026
4. Dublin: $326,231
5. Downtown: $314,042
6. German Village: $309,343
7. Grandview: $251,136
8. Worthington: $231,133
9. Westerville: $205,636
10. Hilliard: $200,965

Top 10 Average YTD Sales Price % Change Through February 2014 vs. 2013
1. Pataskala: +36.2%
2. Whitehall: +35.5%
3. Bexley: +31.7%
4. Grandview: +26.1%
5. German Village: +22.2%
6. Downtown: +20.0%
7. Pickerington: +18.3%
8. Westerville: +15.8%
9. Canal Winchester: +15.2%
10. Reynoldsburg: +15.1%

Average Sales Price February 2014
Urban: $228,596
Suburban: $235,812
Urban without Columbus: $239,422

Average Sales Price Change February 2014 vs. February 2013
Urban: +15.9%
Suburban: +17.1%
Urban without Columbus: +16.9%

Average Sales Price YTD
Urban: $222,639
Suburban: $220,917
Urban without Columbus: $232,886

Average Sales Price % Change YTD
Urban: +13.0%
Suburban: +13.3%
Urban without Columbus: +13.0%

Top 10 Fastest Selling Markets February 2014 (Based on Average # of Days for Listings to Sell)
1. Grandview: 39
2. Clintonville: 57
3. Obetz: 62
4. Worthington: 70
5. Pataskala: 74
6. Hilliard: 78
7. Upper Arlington: 83
8. Westerville: 88
9. Pickerington: 89
10. Columbus: 91

Top 10 Fastest Selling Markets YTD
1. Worthington: 50
2. Grandview: 58
3. Pickerington: 60
4. Clintonville: 64
5. Obetz: 64
6. Hilliard: 66
7. Whitehall: 66
8. Upper Arlington: 73
9. Gahanna: 85
10. Westerville: 87

Average # of Days Before Sale, February 2014
Urban: 86.2
Suburban: 104.4
Urban without Columbus: 85.7

Average # of Days Before Sale YTD
Urban: 81.1
Suburban: 89.1
Urban without Columbus: 80.4

Top 10 Lowest Market Housing Supplies (Based on # of Months to Sell all Listings)
1. Worthington: 1.0
2. Hilliard: 1.6
3. Upper Arlington: 1.7
4. Westerville: 1.7
5. Clintonville: 1.8
6. Gahanna: 1.9
7. German Village: 1.9
8. Grandview: 2.0
9. Obetz: 2.2
10. Bexley and Dublin: 2.4

A healthy housing supply is considered to be around 5 months. Anything less than 3 months is considered very low.

Average # of Months to Sell All Listings, February 2014
Urban: 2.3
Suburban: 2.9
Urban without Columbus: 2.3

Average % Change of Single-Family Home Sales February 2014 vs. February 2013
Urban: +15.0%
Suburban: -7.7%
Urban without Columbus: +17.0%

Average % Change of Single-Family Home Sales YTD vs. YTD 2013
Urban: +3.0%
Suburban: -10.3%
Urban without Columbus: +4.0%

Average % Change of Condo Sales February 2014 vs. February 2013
Urban: -21.0%
Suburban: +7.0%
Urban without Columbus: -21.8%

Average % Change of Condo Sales YTD vs. YTD 2013
Urban: +20.6%
Suburban: +23.7%
Urban without Columbus: +23.0%