Worthington Hills, a small but growing neighborhood in Columbus, Ohio, is characterized by its high rate of homeownership and steadily increasing property values. This community has experienced significant population growth over the past decade, coupled with a strong trend towards owner-occupied housing. The ownership percentage in Worthington Hills has remained consistently high, ranging from 92% to 100% between 2013 and 2022. This trend aligns with the steady increase in average home prices, which rose from $332,436 in 2010 to $595,284 in 2022, representing a substantial 79% increase over 12 years. The correlation between high homeownership rates and rising property values suggests a stable and desirable real estate market in the neighborhood.

Federal interest rates have played a role in shaping homeownership trends in Worthington Hills. The period from 2010 to 2016 saw historically low interest rates, ranging from 0.1% to 0.4%, which likely contributed to the high homeownership rates observed during this time. As interest rates began to rise from 2017 onwards, reaching 1.68% in 2022, the neighborhood maintained its strong ownership percentage, indicating a resilient housing market.

The high homeownership rates imply a low proportion of renters in Worthington Hills. Average rent prices have fluctuated over the years, peaking at $1,659 in 2013 and reaching a low of $1,187 in 2017. Despite these fluctuations, the most recent data shows average rent at $1,202 in 2022, which is relatively stable compared to previous years. The low renter population, coupled with the neighborhood's growing population from 835 in 2010 to 1,160 in 2022, suggests a tight rental market with limited availability.