S
ummer's fading fast, but the Columbus housing market is still sizzling. Whether you're actively house hunting or just love browsing listings, here's your monthly update on what's happening in local real estate.
💸 Market Trends
The median sale price has reached ~$299,000, a 3.1% increase from last year. Homes are taking about six days longer to sell, with an average of ~42 days on the market.
Hot Neighborhood Alert: Bexley has been named one of the hottest housing markets in the US, making it a neighborhood to watch.
🤩 Listing of the Month
This stunning French-inspired home at 382 E Town St is a must-see. Listed for $1.295M, it seamlessly blends historic charm with modern comforts. The property features an original façade, iron railings, and antique doors paired with soaring ceilings and an open floor plan. There's even a carriage house apartment over the garage and a lush backyard perfect for relaxation.
📉 Price Gap
New builds are commanding a significant premium – about $498K compared to ~$309K for existing homes, a nearly $200K gap. This trend is driving interest in renovation projects.
📅 Community Spotlight
The Eastland Mall area is undergoing a major transformation with the "Eastland for Everyone" project. New housing, community spaces, and jobs will be added, making it an exciting development to watch for future real estate impacts.
