The industry's own research.
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By John Schenk and Parker Gilmore, CBRE For two decades, Cincinnati did not see many new apartment projects built compared with its peer cities, with annual deliveries trickling along at roughly 965 units between 2000 and 2020, while merchant builders showed a preference to Columbus or Indianapolis for their…
Home prices rose 0.3% in June, tied with May for the fastest growth since the start of 2026. Prices rose 3% on a year-over-year basis–the fastest growth rate in 10 months. Prices rose in 30 major metros month over month, with the biggest increases in Columbus (1.2%), Miami (1.1%) and Cincinnati (1%). This is based…
This is a data report published by CBRE on March 31, 2026, presenting office sector figures for Columbus, Ohio for the first quarter of 2026.
This is a market report published by Colliers in March 2026 covering the industrial sector in Columbus, Ohio, with reference to national markets.
Greater Columbus's industrial market achieved a 5.2% vacancy rate in Q1 2026 with net absorption of 2.1 million square feet year-to-date, while asking rents averaged $6.34 per square foot despite a 1.6% year-over-year decline. Key transactions included an undisclosed e-commerce company's purchase of the 1.1 million square foot West Jefferson Logistics Center for $96 million and Crane Logistics' 509,000 square foot lease at Pickaway County, with 418,000 square feet of new construction delivered in the quarter.
This is a commercial real estate market report published by Colliers in March 2026 covering the office sector in Columbus, Ohio. The report represents first-quarter 2026 analysis and is part of broader national market coverage.
The Cushman & Wakefield MarketBeat report on Columbus office markets for Q1 2026 shows that overall office vacancy decreased to 23.1% year-over-year, with positive net absorption of 31,000 square feet and asking rents rising 4.2% to $22.45 per square foot across all property classes. Greater Columbus ranked in the top 10 of U.S. metropolitan areas for economic development projects with 83 total projects underway, while the regional unemployment rate stood at 4.2% as of Q4 2025.
The Columbus multifamily market in Q4 2025 recorded a vacancy rate of 10.6% (a recent high, up 140 basis points year-over-year) and an effective rent of $1,346 per unit monthly, with 2025 marking a record-breaking delivery year of nearly 9,500 units despite more than 11,000 units remaining under construction. Net absorption for 2025 totaled more than 5,800 units (the second-highest on record), while Greater Columbus ranked 7th nationally on RentCafe's 2025 livability index and maintained a 4.6% unemployment rate equivalent to the national average.
Columbus's retail market maintained historically tight fundamentals in Q4 2025 with 3.0% vacancy and 423,000 square feet of absorption despite retailer bankruptcies and big-box relocations, supported by strong population growth and limited new supply of only 361,000 square feet under construction. Rent growth moderated to 3.8% year-over-year at $20.28 per square foot, while investment sales totaled $132 million at $157 per square foot with an 8.3% cap rate, reflecting stable investor demand anchored by constrained availability and durable demand drivers from the region's diversified economy and major new manufacturing investments.
Columbus's multifamily market reached a two-decade high vacancy rate of 9.9% in Q4 2025 as new supply deliveries increased 41% year-over-year while average asking rents stalled at approximately $1.4K per unit with flat quarterly growth of 0.4%. The report identifies elevated mid-priced Class B deliveries in suburban submarkets, particularly Delaware County, as the primary driver of competitive pressure, while noting that the slowing construction pipeline and expected sharp decline in 2026 deliveries may improve market balance.
This is a retail market report published by Colliers at the end of 2025 covering the Columbus, Ohio market. The report presents fourth-quarter 2025 data and analysis for the retail sector in that geography.