Columbus Metro Home Demand Won’t Quit - Columbus Ohio Real Estate | Buyer's Resource Realty Services

Columbus Metro Home Demand Won’t Quit

Columbus Metro Home DemandHome demand in Central Ohio is expected to remain strong for decades to come, according to a recent article in Columbus Business First. Simply put, Central Ohio’s population growth is driving the market. This latest analysis is fresh from 2020 U.S. Census Data, which shows a 15% gain in Columbus population over the past 10 years.

Notably, Columbus is one of just 14 cities in the U.S. to add 100,000 residents over a 10-year period. Columbus is the only city in the Midwest to reach this milestone!

What brings new residents to Columbus in such numbers? One explanation is the presence of Ohio State University. For 2021, the total student enrollment for both undergraduate and graduate students is estimated at 61,391. While not all OSU students remain in Columbus after graduation, our employment opportunities make it an attractive option. In turn, our young, well-educated workforce continues to draw employers to the area.

With all trends considered, the Mid-Ohio Regional Planning Commission estimates that the Columbus area will add 1 million new residents by 2050. This would increase our current population by 50%. Given the modest pace of new home construction, it is reasonable to assume that limited home supply will be a long-running issue for home buyers.

Columbus home buyers need to give themselves every possible advantage in this market. Start with our free e-book, “How to Buy a Home like a Pro!” It’s yours without any obligation; click here to get your copy today.

As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!

Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!

Andrew Show
Exclusive Buyer’s Broker, CEBA-M, MCNE, CSP, PSA,e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax

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