Central Ohio Housing Market a Relative Bargain

Central Ohio Housing Market a Relative Bargain – Nationally Speaking. A survey confirms what many transplants to Ohio already know: Homes are inexpensive here. The survey, by Coldwell Banker Real Estate, shows that homes in all seven Ohio cities examined — Akron, Canton, Cincinnati, Cleveland, Columbus, Dayton and Toledo — are far less expensive than the national average. The annual study compares the price of a four-bedroom, 2,200-square-foot home in a ‘‘middle-management" neighborhood, which sold for an average of $354,372 in the 322 markets surveyed. In Columbus, the home costs $231,225, slightly less than in Ohio’s costliest city, Cincinnati, where the home costs $234,167. Ohio’s bargain city is Dayton, where the home costs $166,600. The most expensive city in the nation for housing is La Jolla, Calif., where the same home costs $1.7 million. The least expensive: Minot, N.D., where the home sets buyers back $130,300.