What’s Really Driving Dublin’s Real Estate Market: New Construction or Existing Homes?
If you’ve spent any time around Dublin lately, you’ve probably noticed new construction everywhere — from model homes continuing to pop up near Jerome to full neighborhoods rising seemingly overnight. But how much of that activity is really driving the local market? Are most buyers choosing brand-new builds, or do existing homes still lead the way?
At Kenney & Co., we dug into the numbers for homes in the Dublin Schools district to find out.
The Numbers Tell the Story
This side-by-side snapshot shows just how much existing home sales continue to drive buyer activity in Dublin — even as new-build inventory expands.
Right now, on the market:
128 single-family homes for sale
42 are new construction
86 are existing homes
In the past 45 days:
93 single-family homes sold
10 were new construction
83 were existing homes
That means about one-third of the homes currently for sale are new builds, but nearly nine out of ten homes that actually sold were existing homes.
What It Means
New homes are being added to the market faster than they’re selling, while existing homes continue to drive the majority of buyer activity. That’s not a criticism of new construction — in fact, buyers are drawn to the promise of modern layouts, energy efficiency, and the chance to choose every finish.
But it does highlight an imbalance: while new-home inventory is growing, most of the closed sales are happening in Dublin’s established neighborhoods. Those homes offer what new developments can’t always replicate right away — mature trees, walkable streets, and a deep sense of community.
For Dublin homeowners, that imbalance represents an opportunity. Demand for existing homes remains strong, and at the same time, the increase in new construction gives you more choices if you’re thinking about building your next home.
An Ideal Moment to Sell and Build
If you’ve been considering a move — selling your current home to build something new — the timing couldn’t be better.
You can:
✅ Sell confidently, knowing most recent sales are still happening in established neighborhoods.
✅ Shop strategically, with more new-build options available (and more builder incentives) than we’ve seen in a while.
And it’s not just Dublin. Olentangy Schools and Hilliard Schools are experiencing similar building booms, creating new opportunities — and new decisions — for homeowners across northwest Central Ohio.
The Kenney & Co. Advantage
At Kenney & Co., we combine hyper-local expertise, trusted builder relationships, and real-time market data to help our clients make smart moves with confidence. Whether you’re in Dublin, Olentangy, or Hilliard, we can help you sell strategically, build wisely, and move forward with a clear plan.
📞 614-975-8370 | 📧 teresakenney@kw.com | 🌐 teresakenneyrealty.com
