As construction progresses on the massive Intel Gigafactory, our rural community is witnessing an influx of over 20,000 construction workers seeking accommodation, accentuating the existing housing shortage dilemma. Central Ohio's active listings for homes have continued to slide over the past decade.

The real estate market's health can often be gauged by its inventory levels. Historical data shows a distressing decline in active listings, from around 100,000 in the year 2000 to a dismal figure under 50,000 in recent years. This scarcity of listings, a condition predating Intel's announcement, is set to worsen with the tech giant's establishment, spotlighting a critical shortage in housing supply against a backdrop of soaring demand.

Median price jumps 6.3%. Johnstown, Newark, and Granville, turn to Buyer markets in some price points. Active listings for homes over $500k explode by 38%.