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Current Real Estate Market Trends:

Average price per square foot for Columbus OH was $203, an increase of 160.3% compared to the same period last year. The median sales price for homes in Columbus OH for Feb 10 to Apr 10 was $82,400 based on 2,393 home sales. Compared to the same period one year ago, the median home sales price increased 6.3%, or $4,900, and the number of home sales increased 16%.

The average listing price for homes for sale in Columbus OH was $162,511 for the week ending May 12, which represents a decrease of 2%, or $3,400, compared to the prior week. Popular neighborhoods in Columbus include German Village and Victorian Village, with average listing prices of $459,192 and $429,048.

History of Columbus:

The largest city in Ohio, is the state capital and the seat of Franklin County. It is located in central Ohio on the Scioto River.

The first structures near the site of downtown Columbus were earthen mounds constructed by Indian tribes known as Mound Builders. Native Americans lived undisturbed in Central Ohio until the 1700s, when the first white explorers entered the Midwest. The first permanent white settlement in the area was founded by a surveyor from Kentucky, Lucas Sullivant, in 1797 and was named Franklinton. The state capital was laid out nearby in 1812 and named after Christopher Columbus. It became the capital in 1816. Columbus was chartered as a city in 1834 and annexed Franklinton in 1870. The city’s growth was stimulated by the development of transportation facilities—a feeder to the Ohio Canal completed in 1832, the National Road in 1833, and the arrival of the railroad in 1850.

Columbus is a port of entry and a major commercial, distribution, and cultural center. It is the seat of Ohio State University (1870). The city has enjoyed steady growth over the years due to its economic diversity, and no single activity dominates the economy.

Columbus Chamber of Commerce

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