Intro:

If you’ve lived in Central Ohio for more than five minutes, you’ve probably noticed one thing — prices aren’t slowing down. Whether it’s new builds in Evans Farm or established homes in Powell, values keep inching higher. So what’s driving it? Let’s break down why Columbus real estate keeps climbing even when the rest of the country cools off.

1. Columbus Is Still Growing — Fast

Job growth, new companies, and major developments like Intel have put Central Ohio on the national radar. People are moving here faster than builders can keep up, and that demand keeps steady upward pressure on prices.

2. Supply Can’t Catch Up (Yet)

Inventory around Powell, Dublin, and Westerville remains historically low. Even when rates rise and demand dips slightly, there simply aren’t enough homes for sale to cause real price drops. Builders are busy, but supply still trails population growth.

3. Construction Costs Haven’t Fallen

Materials, labor, and land costs remain high. Builders aren’t discounting — they’re pricing to maintain margins. That creates a price floor for resale homes nearby, which keeps overall values supported.

4. The Midwest Is Finally Getting Its Due

For years, Columbus was undervalued compared to coastal metros. Now investors and corporations see the stability, affordability, and quality of life here — and money follows opportunity. That capital drives development and long-term price appreciation.

5. Strong Local Economy = Stable Housing Market

A diverse economy (education, healthcare, tech, and finance) means fewer boom-and-bust cycles. Columbus doesn’t experience wild swings like Phoenix or Vegas — just steady, sustainable growth that keeps homeowners smiling.

CTA:

👉 Curious how your neighborhood stacks up in this market? Let’s review your home’s value and see where opportunity’s knocking next.

[Contact Patrick Murphy, REALTOR® — Columbus, Powell & Dublin Expert]