Market Intel: Job-driven growth in outer counties
Major regional investments from companies like Intel, Amazon, and Google fuel steady demand for central Ohio suburbs and surrounding counties.
The Columbus, Ohio real estate market is experiencing high-demand growth driven by major tech, manufacturing, and corporate job expansion in the outer counties and suburbs.
Major Economic & Job Drivers
Intel Semiconductor Campus: The massive $20 billion project in New Albany (Licking County) acts as the region's primary economic anchor, bringing thousands of direct high-wage manufacturing jobs and supplier networks.
Outer County Expansion: Licking County (+18.4% sales growth) and Union County (+19%) are seeing massive spikes in real estate activity as buyers follow the industrial and tech corridors.
Additional Corporate Investments: Large-scale commitments from Amazon (data centers in Licking County), Anduril (defense tech), and Honda/LG (EV battery plant in Fayette County) continue to draw inbound out-of-state talent.
Suburban Housing Market Trends
Delaware and Licking Counties: Homebuyers are consistently migrating to outer-ring suburbs and counties like Delaware and Licking County seeking larger square footage, relative affordability, and top-tier school districts.
New Construction Surge: New subdivisions are actively expanding along the US-62 and SR-161 corridors (including New Albany, Johnstown, and Marysville) to catch the overflow of construction workers and incoming professionals.
Pricing and Inventory: While the greater Columbus metro median home price hovers around $300,000 to $325,000, overall inventory has ticked upward, cooling hyper-competitive bidding wars into a slightly more balanced environment where properties average 30 to 49 days on the market.
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