Powell

SOLD in POWELL, OH: A 6-bed, 5-bath custom home with 8,563 square feet of living space

A fast-growing bedroom community of 13,000 people 14 miles north of Columbus, Powell has enjoyed significant residential development over the past 40 years. Many of the city’s neighborhoods, some of which are gated, include oversized lots and mature trees. Downtown Powell welcomes residents and visitors alike with antique stores, independent shops, restaurants, a brewery, winery and more. And things can get wild in Powell … it’s minutes away from the nationally renowned Columbus Zoo and Aquarium. The city maintains nine public parks, many of which connect to subdivisions via multi-use trails, offering sports fields and courts, pavilion shelters, a splash pad and amphitheater.

Powell, Ohio is a laid-back city in Delaware County that’s big on that irresistible Midwestern charm. With a population that has increased steadily since 2000, this thriving suburb of Columbus is fast becoming one of the most desirable places to live in The Buckeye State. If you want to take a look at homes for sale in Powell, Ohio, allow us to help you find the right property for your needs in the city’s highly competitive market.

ABOUT POWELL, OH

Founded in 1801, Powell went through several name changes during its early years, and was even called Middlebury and Hall’s Corners at one point.  It wasn’t until 1857 that the residents settled on naming the town Powell after a successful application for a post office. The area was incorporated into a municipality in 1947, and experienced a significant economic boom, beginning in the 1980s up to the present day. Despite a reputation as one of the wealthiest areas in the country, with topnotch schools and a flourishing economy, homes in the Powell, Ohio real estate market have largely remained relatively affordable throughout the years.

Geography and climate

The city of Powell sits between the Scioto and Olentangy Rivers, in Delaware County, at approximately 14 miles north of the state capital of Columbus. It is centered on the intersection of State Route 750 and CR9 (aka Liberty Street), and surrounded by the communities of Delaware in the north, Orange in the northeast, Flint in the southeast, Dublin and Worthington in the south, and Jerome in the west. The city has a total land area of 5.82 square miles, of which 99.92% is land and 0.08% is water.

Powell experiences a humid continental climate, which means summers are hot and humid, and winters are snowy and windy. Throughout the year, temperatures typically range from 21°F to 83°F, while extremes rarely reach below 3°F or above 90°F. Skies are partly cloudy throughout the year. It’s a good idea to stock up on rain and winter gear as the average annual precipitation is 39 inches, and average annual snowfall is 23 inches.

Population and economy

The World Population Review puts the city’s current population at a little over 14,500, with an annual growth rate of 0.85%. Median age of residents is 40.7, which makes it one of the youngest populations in the state. The number of adults is close to 10,000, and almost 25% of that number are older adults. More than 49% of residents are bachelor’s degree holders, and 33.5% of the population have a graduate degree.

By and large, Powell is considered a bedroom community where most of the residents commute to the surrounding larger cities for work. That said, the city is not without employment opportunities for locals. Some of the biggest industries in Powell include healthcare, medicine, finance, government, and education. The biggest employers in the area are Homewood Health Care Products, Tecsys, Two Labs, Kaiser Consulting, and the Powell City Government.

Cost of living

According to Payscale.com, Powell’s cost of living index is 26% higher than the national average. Despite the high number, living here is relatively affordable, especially when compared to the indices of major cities such as New York (222%), Los Angeles (149%), Washington DC (149%) and Seattle (145%).

The average base salary in Powell, OH is $78,000 a year. Notably, household expenses related to utilities, groceries, healthcare, and transportation are all lower than the national average. According to the Family Budget Calculator developed by the Economic Policy Institute, a family in Powell with two children would need to make more than $87,000 a year to live comfortably in the city.

History

The land that present-day Powell sits on was once populated by a number of Native American tribes such as Miami, Delaware, Ottawa, and Erie. The early 17th century saw French Canadians and Europeans settle in the area and claim ownership of the land. The area became part of Ohio Country by the 18th century, but portions of the land were claimed by several states during the American Revolution. The area was eventually awarded to American Revolutionary War Veteran James Parker as payment for services rendered during the war.

Thomas Hall, one of the first settlers in the area, opened a general store in 1850, at the crossroads of what is known today as Historic Downtown Powell. Hall’s store served as a mail drop-off point where residents could pick up their parcel. As the town’s population grew, the need for a post office soon became apparent, and in 1857, the residents applied for a post office to serve the area. Judge Thomas Watkins Powell of Delaware, Ohio was instrumental in the establishment of the post office in question. To show their appreciation, the residents named the town after him.

In 1947, the settlement in Powell (numbering 400 residents in all) became officially recognized as a municipality. Population stayed more or less the same until the early 1980s when real estate investors began exploring the town’s development potential. Powell became a city in 2000.

Even with its modern growth, Powell’s core remains firmly rooted in the past. Here, large retail centers mix with historic buildings to provide a juxtaposition of old and new – all nestled within the beautiful natural landscapes of the Scioto and Olentangy River valleys.

POWELL, OH REAL ESTATE MARKET TRENDS

Powell, OH is a fairly popular choice for those looking to move to a small, quiet town that is safe and with impressive school options. With its steadily increasing population, the demand for housing is only expected to increase and turn the market more competitive. It goes without saying that for those looking to purchase homes for sale in Powell, Ohio, the right time to buy is now.

The Powell, OH real estate market has several trends that homebuyers and property investors must keep in mind to ensure they make the right decisions concerning their purchase plans.

In the third quarter of 2023, the median sale price for homes for sale in Powell, Ohio stood at $600,000, which was 22.5% higher during the same period in 2022. Moreover, new homes for sale in Powell, Ohio sold faster at only 39 days on average.

To track changes in the value of homes for sale in Powell, Ohio, refer to market updates on listing platforms like Realtor, Redfin, and Zillow.

It’s also worth noting that between July and September 2023, Powell saw more people moving in than moving out of town. Most of the buyers who bought new homes for sale in Powell, Ohio relocated from Chicago, some 325 miles away. Powell also welcomed new residents from key cities like Los Angeles, New York, Washington DC, Seattle, Lexington, KY,

HOMES FOR SALE IN POWELL, OH

A multi-tiered deck with a fenced saltwater pool is a unique feature of this single-family home in Powell, OH

Most of the houses for sale in Powell, OH are single-family homes occupying large, spacious lots that provide homeowners with ample amounts of room for recreation and family bonding. Inside, these homes have an average of 3 bedrooms and 2.5 bathrooms. Bigger properties offer 6 bedrooms and 5.5 baths.

In terms of architecture, the available homes for sale in Powell, OH come in a range of classic and contemporary designs. Popular architectural styles you may come across when you browse through the range of single family homes for sale in Powell, OH include Ranch, Craftsman, Colonial, Cape Cod, and Farmhouse,

Top neighborhoods in Powell, OH

1. Loch Lomond Loch Lomond is an affluent neighborhood in Powell, featuring homes with some of the largest acreage in the area. Located on 315 just south of Powell Road, the newly constructed community lies close to many exceptional shopping, dining, and lifestyle destinations, including The Hills Market, an upscale organic market south of here, and Polaris Fashion Mall in the east, one of the state’s biggest shopping centers.. In addition, Loch Lomond is also the nearest Powell community to downtown Columbus. The convenience afforded by living here is hard to beat. Public schools in the area are served by the highly rated Olentangy Local School District, which regularly ranks among the top districts in the state of Ohio. Inquire here for available homes.
   
   
2. Wedgewood The doors of Wedgewood Golf & Country Club opened in 1991 and since then it has continued to provide residents with the finest golf community amenities and first-class hospitality. Located on the intersection of Powell Road and Big Bear Avenue, Wedgewood is known for single-family homes with large, open floor plans, gorgeous architecture, expansive outdoor living spaces, and some of the most modern amenities available. The 49,500-square-foot clubhouse makes it impossible to need anything else with its extensive dining options, fully equipped fitness center, and numerous sports courts and swimming pools. Public schools near and around Wedgewood are regulated by the high-ranking Olentangy School District. Inquire here for available homes.
   
   
3. Bainbridge Mills Situated near Sawmill Parkway and just six minutes away from downtown Powell, Bainbridge Mills is a picturesque community where you can find some of the most affordable single family homes for sale in Powell, Ohio, complete with large lots. The community truly has it all with homes that come in a variety of styles, stories, and floor plans. Bainbridge Mills gives residents the enviable advantage of living near many big-city amenities including Port Columbus International Port, Columbus Zoo and Aquarium, Muirfield Golf and Country Club, and a host of commercial establishments. The community is served by the Olentangy Local School District, which consistently ranks highly among the school districts in the state. Inquire here for available homes.
   
   
4. Deep Run Deep Run is an exclusive upscale community surrounded by rolling hills, densely wooded green spaces, and river views courtesy of the Olentangy River. Here, you’ll find custom homes built with luxury and comfort in mind. The open floor plans and spacious backyards further add to the spectacular appeal of the homes found in this neighborhood. And with downtown Powell just 10 minutes away, homeowners are perfectly positioned to enjoy the best of city and suburban living. Schools in the area are known for excellent academic and extracurricular programs, and rank among the top schools served by Olentangy School District. Inquire here for available homes.
   
   
5. Scioto Reserve Scioto Reserve is a golf community known for high-end homes offered at great value. Located off of Home Road at the base of the Scioto River, this community of new homes for sale in Powell, Ohio offers moderately priced, semi-customizable 1- to 2-story single-family homes available in a variety of floor plans. The community boasts its own country club that includes an 18-hole championship golf course designed by renowned golf course architect and Ohio local Barry Serafin. The country club itself offers dining and sporting and wellness facilities, making it unnecessary to leave the community for lifestyle perks. Scioto Reserve is served by the Olentangy School district, which means your children are guaranteed to attend outstanding schools. Inquire here for available homes.
   
   
6. Liberty Village A rural retreat just seven minutes from downtown Powell, Liberty Village feels like a sanctuary with its beautiful custom luxury homes, quiet tree-lined streets, and abundance of outdoor recreation opportunities. Residents are also just 17 minutes away from The Mall at Tuttle Crossing, which houses more than 150 retail outlets and dining establishments. The location is known for quality schools served by the Olentangy Local School District. Inquire here for available homes.
   
   
7. Chambers Glen As a small enclave on Powell Road, Chambers Glen is a unique community with a personality all its own. Many of the homes here were built in the 1990s, complete with lush yards and mature trees that provide plenty of space and privacy. The neighborhood itself is conveniently located near Powell Road and 315, ensuring steady traffic flow even during rush hours, and close proximity to many parks and trails. Some of the nearest amenities include Downtown Powell Street Market, Liberty Tavern, and Powell Liberty Antique Mall. Inquire here for available homes.
   
   

THINGS TO DO IN POWELL, OH

Despite its small land area, Powell offers a variety of activities and attractions to enjoy. Here are just a few examples of events and must-visit locations in and around Powell.

• The Powell Festival is the city’s signature event. Held annually, the free event runs for two days in June and features live music, children’s activities, local shopping, food trucks, giveaways, and a lot more.
  
  
• The Columbus Zoo and Aquarium features over 1000 animals and sea creatures to delight kids of all ages. Inside the zoo is a long list of rides and attractions, making it one of the best things to do in Powell, OH for those with kids.
  
  
• The Bounce Club is the perfect venue for active tykes, with its trampolines, foam pits, and dodgeball courts. The playground can be booked for events and parties.
  
  
• Shopping is one of the top things to do in Powell, OH. Avid shoppers will surely want to check out Powell Center, Village Pointe Center, Liberty Crossing, and other fabulous shopping centers in the area.
  
  
• Just 7 miles away, Dublin, OH’s O’Shaughnessy Reservoir Park will thrill nature lovers and outdoor enthusiasts, The park features a 912-acre lake which is ideal for boating and fishing, and spots that make camping and picnics so enjoyable. It’s also got boat rental facilities for your conveniene.
  
  

WORK WITH A PROFESSIONAL POWELL, OH REAL ESTATE AGENT

Ready to begin your home buying journey? Work with me, licensed Powell, OH real estate agent Ryan Maurer, to explore the options in your selected area. My years of experience and extensive knowledge of the communities can help you navigate the local real estate market and make it easier for you to locate a property that’s well-suited to your needs and lifestyle. Call me and the Cutler Real Estate Team today for more information.