Market Conditions for Worthington, Ohio Reported by Andrew Show, CEBA, ABR, ABRM, CSP, e-PRO Updated March 6, 2010.

Current Market Rating: 1 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 3 1 2 3 4 5 Falling Rising

Worthington City Limits
Comparing 2009 to 2008 December 31 YTD statistics

New Listings up 2.96%

Under Contract down 22.22%

Sold Homes up 2.59%

Average Sold Price 2009 = $223,694 down 3.09%

Percentage of sold price to list price:
2009 = 96.27% down 0.31%

Worthington's central public square hosts band concerts and arts festivals. Modern Worthington maintains its New England character. Our corporate offices are here!

Worthington was settled in 1803 by a group of families from the Farmington River Valley of Connecticut and Massachusetts under the leadership of James Kilbourne. They platted a New England village of 164 lots around a central public square which today hosts summer band concerts and arts festivals. A monument honoring the 38 original proprietors stands in the northwest quadrant.

The "Old Worthington" business district is anchored by an 1808 commercial building built by Kilbourne, believed to be the oldest such building in continuous commercial use in Ohio. Facing the Village Green is St. John's Episcopal Church, the original 1831 building still used by the present congregation. Modern Worthington maintains its New England character and treasures its heritage by inviting visitors to take a walking tour of its proposed historic district, or visit one of the two museums maintained by the Worthington Historical Society.

Public Education
Enrollment: 9,454 (October 2007). High school enrollment (3,304) will stabilize, middle school enrollment (1,669) will remain stable, and elementary/PreK enrollment (4,781) is expected to decrease. The Worthington School District is in a slightly declining enrollment pattern, with most of the decline occurring at the elementary level. The district has completed a comprehensive enrollment study to determine how to address this situation.

Housing
The district has approximately 23,000 housing units with a wide range of types and prices. Multifamily housing accounts for approximately 40 percent of all units; 25 percent are rental units. Residential development is nearing saturation. The number of households with children has decreased since the late 1980s. Approximately 37 percent of the households today have children in Worthington Schools compared to nearly 50 percent about 13 years ago.

Demand is stronger under $240,000, but higher price points are soft.

Worthington Links
Worthington Community Web Site http://www.worthington.org/
Worthington Schools http://www.worthington.k12.oh.us/index.html

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ZIP Codes: 43085, 43235

Approximate Location Boundaries: Worthington is a beautiful historic community just nine miles north of downtown Columbus. You'll find a romantic blend of American tradition and European flair tucked in the 19th century in Olde Worthington. Located off US Route 23, just West off I-71 or South of I-270.

Location Characteristics: Worthington's central public square hosts band concerts and arts festivals. Modern Worthington maintains its New England character. Our corporate offices are here!

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