Investing in Columbus, Ohio

The real estate market in Columbus, Ohio, has been experiencing significant growth and high demand, making it a seller's market.

Home prices have been on the rise, with the median sold price reaching $275,350 in January 2024, reflecting a 7.9% increase from the previous year. The city's cultural richness and strong economic fundamentals have attracted more people, leading to a thriving real estate market. The housing inventory remains low, creating fierce competition and a lack of affordable housing options.

The market has been challenging for buyers, with cash offers becoming increasingly common, and the average time for a home to be sold decreasing to 29 days in January 2024. Despite the high demand and rising prices, the market is not showing signs of a housing crash, and the city continues to be an attractive destination for real estate investors.

Overall, the Columbus, Ohio real estate market remains robust, with continued growth and opportunities for long-term investments. Contact us today to find your next investment property!