Olentangy Highlands, a neighborhood in Columbus, Ohio, has experienced significant changes in homeownership rates and average home prices over the past decade. The community has seen a remarkable increase in homeownership rates, rising from 92% in 2013 to 99% in 2022. This trend coincides with a steady growth in average home prices, which have more than doubled from $246,517 in 2010 to $499,710 in 2023. The correlation between rising homeownership and increasing home values suggests a strong demand for properties in Olentangy Highlands, likely driven by its desirable location and community amenities.

The relationship between federal interest rates and homeownership rates in Olentangy Highlands presents an interesting case study. Despite historically low interest rates between 2010 and 2021, ranging from 0.08% to 2.16%, the neighborhood's homeownership rate increased steadily. This trend contradicts the typical expectation that lower interest rates lead to higher homeownership rates. Instead, it suggests that other factors, such as local economic conditions, housing supply, and neighborhood desirability, played a more significant role in driving homeownership in this area.

Renter percentages in Olentangy Highlands have remained consistently low, with only 1% of residents renting in 2021 and 2022. This minimal rental market presence aligns with the neighborhood's high homeownership rates and suggests a strong preference for owner-occupied housing in the area. Average rent price data is not available for this analysis, limiting conclusions about rental market trends in the neighborhood.