Franklinton Waterfront Homes Jump 14% as Columbus Market Slows

Median home prices in Franklinton reached $412,000 in June, up from $361,000 a year earlier, according to data tracked by the Columbus Realtors Association.

The jump comes as developers finish new riverwalk segments and city planners fast-track mixed-use projects along the Scioto, drawing buyers who want direct water access without leaving Franklin County.

Franklinton sits west of downtown and fronts the Scioto River, where the city completed the final stretch of the Scioto Greenways trail in March 2025. Local buyers now pass the Center of Science and Industry on their way to new townhomes on West Broad Street and renovated warehouses turned lofts on Town Street.

Riverfront Projects Fuel Demand

The Franklinton Development Association reports 18 active residential projects between Starling Street and the river, including a 92-unit building at 400 West State Street scheduled to open in September. Proximity to the Scioto Mile and the new 22-acre park at the former Dodge Park site adds waterfront appeal that buyers compare to river districts in Cincinnati and Pittsburgh.

Price Data and Next Steps

Inventory in the neighborhood fell to 47 active listings last month, the lowest June total since 2019. Average days on market dropped to 19. Buyers considering Franklinton should check flood-zone maps at the Franklin County Auditor site before making offers and contact the Columbus Land Bank for any remaining tax-abated parcels still listed under the 2024 Riverfront Revitalization Program.

Interest rates near 6.25 percent have not slowed contract volume, but agents recommend locking rates within 45 days and reviewing HOA fees on newer riverfront condos that range from $280 to $410 a month.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.