Intro:
If you’re watching mortgage rates bounce around and headlines scream “housing slowdown,” you might wonder: Where are Columbus home prices really headed? Let’s cut through the noise. As someone who tracks the market daily — from Evans Farm to Dublin’s Tartan Fields — here’s what’s actually happening beneath the surface.
1. The Market’s Cooling — Not Crashing
Yes, homes are sitting a bit longer, and sellers are getting fewer multiple offers. But overall prices in Columbus remain stable. This isn’t 2008 — it’s a controlled deceleration after two years of overdrive.
2. Inventory Is Finally Creeping Up
For the first time in years, buyers have breathing room. But we’re still below “balanced market” levels. Until inventory doubles from current numbers, home values won’t see major declines — just normalization.
3. Rate Cuts Will Reignite Demand
When rates dip even a half-point, buyers flood back. You can already see it in Powell and Westerville open houses. That pent-up demand puts a natural floor under prices.
4. New Construction Sets the Ceiling
Builders like Bob Webb, 3 Pillar, and MI Homes aren’t discounting heavily. Their pricing anchors the upper range of the market and keeps resale homes competitive.
5. The Winners? Well-Priced, Move-In-Ready Homes
Flawless presentation still commands premium prices. The “turnkey” listings with neutral tones, great lighting, and modern updates are selling first — no matter what the Fed does.
CTA:
👉 Thinking about buying or selling in Columbus, Powell, or Dublin? Let’s review your neighborhood’s price trend and position your next move strategically.
[Contact Patrick Murphy, REALTOR® — Columbus, Powell & Dublin Expert]