More confirmation arrived that Columbus real-estate is ablaze, as the city made two prominent lists of the nation's "hottest" housing markets.
The real-estate listing service Ten-X named Columbus the nation's fourth-hottest market, behind the Texas cities of San Antonio, Fort Worth and Dallas.
"When you look at the other cities on the list, Columbus has a lot more in common with them than it does other Midwestern cities in terms of job growth, a diversified economy, population growth outpacing national levels and unemployment levels below national numbers," Ten-X Chief Economist Rick Sharga said.
Ten-X looked at home sales and prices, along with economic data, in an effort to gauge "not just where the market is but where it's headed," Sharga said.
"This suggests the market doing well today and has plenty of room for growth," he said.
Another ranking, by the listing service Realtor.com, named the Hilliard zip code of 43026 the 10th hottest real-estate location in the nation.
"Hilliard offers great price-per-square-foot home value and excellent schools," according to the report.
The report notes that while Hilliard offers many affordable neighborhoods, prices have escalated dramatically over the past year. The median list price of $259,011 is up almost 25 percent from a year ago.
Homes also sell at a brisk pace, after being listed 25 days on average.
Columbus continues to be a rare Midwestern presence on these sorts of "hot" lists, which are typically dominated by cities in the South and West, especially Texas, Florida and Colorado.
On the Ten-X list, for example, only Columbus, Indianapolis (No. 7) and Minneapolis (19) landed in the Top 20 of the 50 cities examined. Cincinnati landed at 25 and Cleveland at 39.
Six Midwestern cities including Columbus ranked in the top 25 on the Realtor.com list: Livonia, Michigan (2); Grand Rapids, Michigan (3); Overland Park, Kansas (8); Omaha, Nebraska (16); and Fort Wayne, Indiana (17). Dayton stands at 40 and Cincinnati at 44.