Is Intel Still Coming to Ohio? Johnstown and New Albany Prices in 2026

Intel is still building. Its early-2026 report to the Ohio Department of Development, as covered by NBC4 and WHIO, put 2025 spending on the Ohio One campus at about $1.4 billion, said there was no new timeline change, and kept construction of Fab 1 finishing in 2030 and Fab 2 in 2031. The housing numbers around the site tell a different story from the headlines. Johnstown closed 86 houses this year at $225 a finished square foot. The 58 houses for sale there right now ask $304 a foot, 35 percent more. New Albany's gap is 29 percent. In Pataskala, one town over, it is 3 percent.

I pulled every 2026 single family closing and every active listing in the towns around the Intel site off the MLS, and ran the same numbers for Westerville, Gahanna and Columbus as a control. Here is where the Intel premium actually lives.

Is Intel still coming to Ohio?

This is the question every relocating buyer asks me first, and the answer has changed twice, so the timeline below is the company's own statements with the outlet that reported each one.

Date	What Intel said	Reported by
2025 (February)	Construction schedule pushed back; first fab now finishing in 2030, second in 2031	Spectrum News, 10TV, Axios
Early 2026	About $1.4 billion spent in Ohio in 2025; no further delay planned; Fab 1 construction done in 2030, Fab 2 in 2031; Fab 1 producing as early as 2030, Fab 2 in 2032	NBC4, citing Intel's report to the Ohio Department of Development
Early 2026	More than $1.53 billion spent in 2025 on the Licking County campus; still targeting 2030 and 2031	WHIO, citing the same letter
2026 (May)	About $5 billion spent on Ohio One to date; 10 million construction hours from workers in 83 of Ohio's 88 counties; production start reaffirmed by 2031	Axios Columbus
2026 (July)	SK hynix in talks to buy the Ohio campus for memory production; price and timing being negotiated	Korea JoongAng Daily

Two things to hold onto. First, "operational in 2030" means the first chips, not the full workforce on day one; hiring ramps with production. Second, the SK hynix report, if it turns into a deal, changes who the employer is, not whether a chip fab opens on that ground. A memory fab and a logic fab both need the same kind of workforce and the same houses.

I am not going to tell you what Intel will do. I can tell you what the people who already bought near the site paid, and what the people trying to sell to the next wave are asking.

What did homes near Intel sell for in 2026?

Closed sales are January 1 through September 21, 2026, single family, by mailing address. Active listings are what was for sale in the same export. Price per foot is the median of each sale's own ratio of price to finished square footage.

Town	2026 closings	Median sold	Sold $/sq ft	Median year built	Over original ask	Days to contract	Active listings	Median ask	Ask $/sq ft	Ask vs sold, per foot
Johnstown	86	$450,000	$225	1994	22%	36	58	$749,950	$304	+35%
New Albany	203	$780,000	$236	2002	30%	17	73	$1,050,000	$305	+29%
Granville	117	$508,000	$213	1976	26%	12	54	$669,900	$237	+11%
Etna	50	$385,000	$184	1997	28%	17	29	$405,000	$183	-1%
Pataskala	206	$395,275	$196	2000	33%	17	107	$419,900	$202	+3%
Newark	339	$295,000	$171	1963	35%	12	203	$269,900	$177	+4%
Heath	65	$323,000	$198	1971	26%	23	32	$399,950	$205	+4%
Westerville	699	$479,999	$212	1989	42%	13	188	$490,000	$215	+1%
Gahanna	53	$455,450	$204	1986	51%	18	26	$397,000	$211	+3%
Columbus	3,619	$330,000	$198	1962	37%	16	1,812	$270,000	$188	-5%

Source: Columbus REALTORS MLS, single family closings January 1 through September 21, 2026, and active single family listings in the same export, computed by Adam Geuy. Town is the mailing address on the listing. Ask vs sold compares the median asking price per foot of the active listings to the median closed price per foot.

Read the last column. In every control town and in every Licking County town except two, what sellers ask per foot sits within a few percent of what buyers paid. Columbus sellers are asking less per foot than what closed. Westerville is one percent apart.

Johnstown and New Albany are the two exceptions, and they are the two towns whose names are attached to the site in every headline. The asking price per foot there is 29 to 35 percent above the closed price per foot. Granville, to the east, is at 11 percent, in between.

Why is the Johnstown asking price so far above what sold?

Part of it is product. Forty of Johnstown's 58 active listings sit on an acre or more. Most of what closed this year did not. A house on five acres asks more per foot than a house on a quarter acre, and the per-foot comparison cannot fully separate the land from the hope.

The rest of it is the hope. The table below sets the price mix of what closed in Johnstown this year against what is being asked right now.

Price	Closed in 2026 (of 86)	Asking now (of 58)
Under $300,000	7	8
$300,000 to $399,999	16	3
$400,000 to $499,999	29	9
$500,000 to $699,999	21	8
$700,000 to $999,999	8	10
$1,000,000 and up	5	20

Five of the 86 houses that closed in Johnstown this year brought a million dollars or more. Twenty of the 58 for sale are asking it. The middle of the closed market, $400,000 to $500,000, is where 29 of the 86 sales landed and where 9 of the 58 listings sit. The market that is closing and the market that is listed are not the same market.

That shows up in time. Johnstown's active listings have a median 69 days on market. The houses that closed went under contract in a median 36 days. With roughly 29 closings in the last 90 days against 58 listings, Johnstown is carrying about five months of supply. New Albany is at 2.4 months, Pataskala 3.5, Westerville 2.0.

Johnstown's closings are also not fading. Thirteen closed in March, 12 in May, 12 in June and 16 in July. Buyers are buying there. They are buying at $450,000, not at $749,950.

What does this mean if you are relocating for Intel?

Three things, in the order I would act on them.

1. Offer on closed prices, not asking prices, in Johnstown and New Albany. The table above is your comp sheet. A Johnstown seller asking $304 a foot is pricing 2030 into 2026. Most of them have been sitting 69 days for that reason. In my experience, a listing that has sat 60 days past its neighbors is a listing whose seller has started doing the math.
2. Look one town out. Pataskala, Etna, Heath and Newark all sit a short drive from the site and all price within a few percent of what closed. Pataskala closed 206 houses this year at $395,275 and $196 a foot, and sellers there ask $202. That is a market where the list price means something. The Columbus suburb income tax comparison and the Licking County page cover the tax and commute side of that decision.
3. If you want New Albany, you are paying New Albany, not Intel. New Albany's $780,000 median was a $780,000 market before the fab and will be one if the fab changes hands. The 29 percent ask gap there is partly nine new-build listings in the active count, which carry builder pricing. The New Albany country club post and New Albany versus Westerville show what that money buys and what it does not.

What if Intel sells to SK hynix?

Then the employer on the sign changes and the ground does not. The July report said SK hynix wants the campus for U.S. memory production, with price and timing still being negotiated. Nothing since has confirmed or killed it. If a deal closes, the construction that has already absorbed about $5 billion continues under a different name, and the housing demand arrives on roughly the same timeline, give or take whatever a new owner changes. If the deal dies, the Intel timeline above stands. Neither outcome makes a $304 a foot Johnstown listing worth $304 a foot today. The sale prices in the table are what the market has decided a house near the site is worth while the site is a construction fence. That is the number to use until the fence comes down.

For the wider picture on who is actually moving here and why, the companies moving to Columbus post is the list, and the cost to build a house in Columbus post covers what a lot in Licking County plus a build actually runs.

What is your street doing right now?

The table is nine towns through September 21. Your street is a smaller and more current sample.

Send me the town, or the address, and I will pull every 2026 closing around it, what the active listings are asking against those closings, and which of those listings have sat past 90 days, before you write anything. If you own near the site and are weighing a sale, the same pull tells you where the buyers actually are, and a current value read on your own home is the place to start. Book a time at calendly.com/adam-geuy or call me at 937-239-2919.

Adam Geuy, Realtor, Blacktree Realty. License #2020007964. ABR, PSA, SRS.

Housing figures are Columbus REALTORS MLS closed single family sales, January 1 through September 21, 2026, and active single family listings in the same export, grouped by the mailing address on the listing. Medians on small samples move with single sales. Intel timeline statements are as reported by the outlets named in the table and in the links in the verification log; Adam Geuy has no information from Intel beyond those reports. Verify the specific parcel before relying on any figure. Informational only.