Explore how home prices have changed in central Ohio this year

Dwelling costs throughout the central Ohio area rose between July and October, per an Axios evaluation of Zillow knowledge.

Why it issues: As in the event you wanted one other reminder, the interactive map reveals it’s more and more costly to be a homebuyer within the Columbus metro space.

Sure, however: The map presents some visible proof that the market has cooled off in most ZIP codes in Columbus’ metropolis limits.

• Costs nonetheless surged in suburban areas, notably northeast of Columbus close to the place Intel is constructing its main semiconductor vegetation.

The large image: Stock rose significantly within the second half of 2022, however so too did month-to-month mortgage funds, due to skyrocketing rates of interest.

By the numbers: Franklin County’s median house sale value was $275,000 in October, per the most recent Columbus Realtors report.

• That is a 1.8% dip from September however nonetheless 9.1% larger than a 12 months in the past.

Zoom in: A handful of ZIP codes noticed costs drop this 12 months, most notably within the Previous North and German Village neighborhoods.

• The largest leap was recorded in a ZIP code subsequent to Rickenbacker Worldwide Airport, an space with a growth of recent warehouses and distribution facilities.

What we’re watching: If this cooling interval continues into subsequent 12 months.