Discover why Columbus, Ohio is one of the fastest-growing real estate markets in the country
If we told you that Columbus, Ohio was not only one of the fastest-growing cities in the country, but also one of the largest, would you believe us?
The odds are, probably not. And yet, according to the Census Bureau, Columbus metro is currently the 14th largest city by population––narrowly beating out San Francisco. Ohio’s capital city is now home to 892,000 and is considered to be one of the hottest markets in the country. What is spurning this massive growth?
For one thing, a revitalized riverfront and booming downtown have already seen dividends, with an increase in 33 acres of green space in and around the area. The presence of several collegiate and professional sports teams like the Ohio State Buckeyes, Columbus Crew, and Blue Jackets have naturally brought economic prosperity to the area as well. Thery've also built what many experts are considering the “model for future urban transportation,” with the implementation of self-driving shuttles up and down the Scioto Riverside. When you add in the capital city’s award-winning culinary scene and other activities, like the 36,000 sq. ft. LEGOLAND Discovery Center, many would agree Columbus is becoming an economic powerhouse destined for further urban development.
As of right now, the city has seen a 7.3% growth in home values over the past year and has been increasing at a similar level for the past decade. Experts currently consider Columbus to be a very hot market and expect it to continue to grow into the future.
The expanding opportunities in this area will present an amazing chance for both new agents and real estate veterans to capitalize on their careers. This imminent expansion coupled with the forward-thinking transportation system will make this area the pinnacle of America’s future for the economy, housing prices, and real estate.
Looking to start or continue your real estate career in Ohio? Discover how The CE Shop can help you get your credits today!