A quietly unassuming city that has become a massive success story
Discover Columbus's Real Estate
Situated in the middle of the state of Ohio, of which it is the capital, Columbus often gets overlooked in the media and by foreign investors, yet it has quietly risen to become one of the country’s largest and most economically strong cities. Columbus is growing rapidly and, thanks to an ambitious neighborhood revitalization program, many of its formerly impoverished neighborhoods are seeing stunning turnarounds. If you’re looking for a city that is on the rise, Columbus is a great choice.
Culture, History, and Business
Named for Christopher Columbus, the city of Columbus was founded on February 14, 1812 to be the site of the new state of Ohio’s capital. At the time, the area was covered in dense forest and the early town struggled as it contended with competing land claims, as well as outbreaks of fever and cholera. The arrival of the National Road—America’s first highway—in 1831 and the opening of the Ohio and Erie Canal boosted the town’s fortunes. It grew rapidly during the 19th century, played an important role in the Underground Railroad helping slaves escape from the south, and developed into a significant manufacturing and service center.
Columbus’ growth has continued almost entirely unabated since the 1830s, a remarkable feat considering how many other cities in the Midwest have struggled with significant decreases in their populations over the past half-century. Its highly diversified economy makes Columbus highly resilient during national economic downturns, and the city weathered both the Great Depression and the Great Recession relatively well. Today, it is among the 15 fastest growing cities in the US and it recently surpassed San Francisco to become the country’s 14th largest city.
Real Estate Appeal
Columbus is one of the most appealing cities in the United States for real estate investors. Just about every metric that investors look for in a market—strong price appreciation, high affordability, lax regulations and a growing population—are all present in Columbus. Whether you’re looking to flip properties or make income off of rental properties, the city is an incredibly attractive market.
Furthermore, many neighborhoods that had been among the city’s poorest have staged extraordinary comebacks, thanks to massive investments from both the local and federal governments and private companies. The result has been property prices in some areas increasing by astonishing rates—often in excess of 100 percent in less than 3 years. Despite those increases, the city remains extremely affordable, making Columbus a strong and growing market with a very low bar of entry for investors.
Explore Columbus's Real Estate
Local Real Estate Experts
Attractive Investments In Columbus
📍Over 4,996 investors explored Columbus