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Market News & Analysis

Market updates, neighborhood analysis, and data-driven guidance for renters, buyers, sellers, and investors across Columbus and Central Ohio.

Latest Coverage

CREN bar chart of active central Ohio MLS listings: 5,815 in September 2025, 6,124 in August 2026 and 6,530 in September 2026, latest bar highlighted.
Market Trends

Central Ohio Had More Homes for Sale and Fewer Sales in September

The central Ohio housing market added listings but lost sales in September 2026: inventory rose 12.3% to 6,530 as closed sales fell 5.7%, per Columbus REALTORS®.

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CREN Newsroom·Oct 16, 2026·5 min read
CREN data card: two Franklin County rezonings on the October 13 docket, the Lennox Town Center shopping center and a used-car lot on South Hamilton Road.
Development

Franklin County Weighs Rezonings for Lennox and a Used-Car Lot

Franklin County commissioners weigh two township rezonings on October 13: a used-car lot on South Hamilton Road and retail zoning for the Lennox Town Center.

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CREN Newsroom·Oct 13, 2026·5 min read
CREN data card on the Demorest Road rezoning: 216 apartments proposed, a 0-8 Westland Area Commission vote against, and an October 19 City Council vote.
Development

Columbus Council to Weigh 216 Demorest Road Apartments on a Church Site

Columbus City Council will weigh 216 Demorest Road apartments on a rural church site in Grove City, a plan the Westland Area Commission rejected 0-8.

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CREN Newsroom·Oct 12, 2026·5 min read
CREN map of Columbus's five biggest building permits for the week of Sept. 28 to Oct. 4, 2026, with the Dublin-area and Harmon Avenue sites marked largest.
Development

Columbus's Biggest Building Permits Top $66 Million in a Week

Columbus issued $66.8 million in new-construction building permits in one week, led by a 273-unit apartment cluster and a $28.2 million Harmon Avenue project.

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CREN Newsroom·Oct 8, 2026·4 min read
CREN data card for the Huntington building historic-register listing: CR #84, built in 1926, with a fall 2029 Ohio State law school target.
Development

Huntington Building Historic Register Listing Clears Tax-Credit Path

Columbus listed the 1926 Huntington National Bank building on its historic register under an emergency, letting the owner seek state tax credits for a law school.

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CREN Newsroom·Oct 6, 2026·4 min read
CREN bar chart showing the Estrella tower's proposed height rising from 19 stories in 2023 to 24 stories in 2025 and 25 stories in a September 2026 filing.
Development

Estrella Tower Grows to 25 Stories Ahead of Columbus Review

A downtown Columbus tower keeps getting taller: the 25-story Estrella returns to the city's Downtown Commission on October 27, up from what Ohio backed in 2025.

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CREN Newsroom·Oct 5, 2026·4 min read
CREN locator map of 171-191 South High Street in downtown Columbus, across from Columbus Commons and next to the former Ohio National Bank building.
Development

Downtown Columbus Demolition Appeal Reaches City Council

Town High Plaza wants to raze three fire-damaged storefronts at 171-191 South High Street. The Downtown Commission said no, and City Council hears the appeal Monday.

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CREN Newsroom·Oct 4, 2026·4 min read
CREN line chart of the FHFA all-transactions house price index for metro Columbus, rising from about 327 in late 2024 to 351.14 in the second quarter of 2026.
Market Trends

Columbus Home Values Rose 3.3% Over the Year to Mid-2026, Says FHFA

Federal data shows Columbus-area home values up about 3.3% over the year to the second quarter of 2026, a touch faster than the 3.0% national gain and cooler than a year earlier.

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CREN Newsroom·Oct 3, 2026·4 min read
CREN locator map of southwest Columbus marking the rezoned 600 Stimmel Road and McCoy Park site in red, with downtown Columbus shown for context.
Development

Columbus Finalizes McCoy Park Rezoning for NWSL Training Site

Columbus City Council has finalized the rezoning of 21.3 acres on the southwest side, including part of McCoy Park, for a private NWSL training facility.

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CREN Newsroom·Oct 2, 2026·4 min read
CREN locator map of the Arena District showing the proposed 120 Vine Street apartment site in red, with Two Twenty Vine and Nationwide Arena nearby.
Development

One Twenty Vine: 242 Apartments Approved for Arena District Lot

Nationwide Realty Investors won Columbus Downtown Commission approval for One Twenty Vine, a 242-unit apartment plan on an Arena District lot at 154 Vine Street.

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CREN Newsroom·Oct 1, 2026·4 min read
CREN bar chart of new housing units Columbus permitted by month from January to September 2026, with the July bar highlighted at 1,011 units.
Development

Columbus Permitted Fewer New Homes in the Third Quarter of 2026

Columbus housing permits added 1,599 new residential units in the third quarter of 2026, down from 1,799 a year earlier, with July carrying most of the total.

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CREN Newsroom·Sep 30, 2026·4 min read
CREN bar chart of new housing units Columbus permitted by week, late July to late September 2026, with the September 21 week highlighted at 188.
Development

Columbus Permitted 188 New Housing Units in a Lopsided Week

Columbus building permits added 188 new housing units in the week of September 21, but 168 of them came from a single northeast-side apartment cluster.

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CREN Newsroom·Sep 29, 2026·4 min read
CREN data card: Worthington's approved Harding Hospital plan, with 246 apartments, $52.45 million investment, and 74 units at 80 percent of area median income.
Local Politics

Worthington Referendum Petition Targets Harding Hospital Rezoning

A residents' group turned in 3,976 signatures to put Worthington's rezoning of the former Harding Hospital site, cleared for 246 apartments, before voters.

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CREN Newsroom·Sep 28, 2026·5 min read
CREN bar chart of Columbus demolition permits issued by month from January to August 2026, with August at 17, the year's second-highest total.
Development

Columbus Issued 17 Demolition Permits in August 2026

Columbus issued 17 demolition permits in August 2026, up from 11 in July, with the South Side seeing the most activity and no historic-district buildings on the list.

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CREN Newsroom·Sep 27, 2026·4 min read
Archival photograph of older buildings and a wet sidewalk on East Broad Street in Olde Towne East, Columbus.

Archival photo · see caption for context

Development

Columbus Breaks Ground on 23 Affordable East Side Condos

Columbus broke ground on 23 land-trust condos at Broad and Gould, priced near $199,000 for income-qualified buyers.

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CREN Newsroom·Sep 16, 2026·5 min read
AI-generated illustration of steel-framed apartment modules inside a factory.

AI illustration · not the actual property or event

Development

Columbus Near East Side Affordable Modular Apartments Open Sept. 16

The Reserve at Maryland's second modular building opens Sept. 16 on Columbus's Near East Side — 84 units total at 60% AMI, buildings 3 and 4 follow Oct. 16.

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CREN Newsroom·Sep 12, 2026·5 min read
AI-generated illustration of an unfinished mass-timber interior with wooden columns and temporary safety rails.

AI illustration · not the actual property or event

Development

Columbus Mass Timber Tower Tops Out Near Ohio State, Tallest in US

INTRO Columbus topped out Sept. 8 — ten weeks early. The 13-story mass timber tower at High and 9th is the tallest mass timber student housing building in the U.S.

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CREN Newsroom·Sep 11, 2026·5 min read
Archival photograph of the John H. Herrick Drive Bridge over the Olentangy River in Columbus in October 2018.

Archival photo · see caption for context

Development

Columbus Lower Olentangy Tunnel: $267M Project Reaches Final Weeks

Columbus's $267M Lower Olentangy Tunnel enters its final construction weeks. Here's what the five-year sewer project means for Near West Side flood risk.

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CREN Newsroom·Sep 10, 2026·5 min read
AI-generated illustration of an older brick warehouse beside apartments and a tree-lined sidewalk.

AI illustration · not the actual property or event

Neighborhoods

Columbus Brewery District: 106-Unit Building Approved at Former WWCD Site

Columbus HRC approved a 106-unit, six-story apartment complex at 1036 S. Front St. in the Brewery District, clearing the former WWCD radio building, built in 1962.

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CREN Newsroom·Sep 9, 2026·5 min read
AI-generated illustration of weeds and cracked pavement behind a fence at an anonymous industrial parcel.

AI illustration · not the actual property or event

Development

Columbus Brownfield Sites: $120M Ohio Grant Closes Sept. 11

Ohio Brownfield Remediation Program closes Thursday, September 11. COCIC has secured $28.9M for six Franklin County sites and is taking discovery meeting requests.

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CREN Newsroom·Sep 8, 2026·4 min read
AI-generated illustration of a grassy vacant lot beside a brick building and older houses.

AI illustration · not the actual property or event

Neighborhoods

Second Baptist Opens 2.4 Acres on Columbus Near East Side to Developers

A Near East Side church is shopping 2.4 acres to development partners, including a full block on East Long Street. The RFP is live at eastpact.org/rfp.

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CREN Newsroom·Sep 7, 2026·4 min read
AI-generated illustration of foundation work and an excavator behind fencing beside neighborhood houses.

AI illustration · not the actual property or event

Neighborhoods

South Side Columbus Breaks Ground on 150-Unit Affordable Apartments

The NRP Group broke ground on Stone Ridge at High Street, 150 affordable apartments at 45 West Barthman Ave. on Columbus's South Side, set to open in 2028.

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CREN Newsroom·Sep 6, 2026·4 min read
AI-generated illustration of an unfinished unbranded retail shell behind construction fencing.

AI illustration · not the actual property or event

Development

Columbus Polaris: Permits Filed for Third Central Ohio Trader Joe's

Columbus’s first new Trader Joe’s in 20-plus years is planned for 2109 Ikea Way in Polaris, with permits for a 12,500-square-foot store under city review.

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CREN Newsroom·Sep 6, 2026·4 min read
AI-generated illustration of a brick ranch house and neighboring homes beside a residential sidewalk.

AI illustration · not the actual property or event

Market

Franklin County's Informal Property Value Review Closes Today

Today is the last day for Franklin County's informal property value review sessions before the county submits 2026 triennial values to the state.

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CREN Newsroom·Sep 5, 2026·4 min read