How much of their original asking price did Marysville-area sellers get this October? According to the Columbus REALTORS Local Market Update for October 2026, the answer was 95.2%. In October 2025 it was 97.5%. In the same October 2026 report, sellers got 98.2% of their last list price. The three-point gap between those two figures is where this fall's negotiating took place: in price reductions made before an offer was ever written.
On November 9, Honda announced a $3 billion assembly plant between its Marysville and East Liberty plants. A buyer reading that news might expect sellers to hold firm. The plant is a 2029 project. The listings a buyer tours this month reflect conditions in 2026, and on nearly every measure those conditions have shifted toward buyers over the past year.
Price cuts come before the offer
For illustration, take a home listed at $380,000, close to the area's year-to-date median sale price through October 2026. At October 2025's 97.5% of original list, that home sells for about $370,500. At October 2026's 95.2%, it sells for about $361,760. The difference is roughly $8,700, and most of it comes off before a buyer submits anything.
This matters for how an offer gets built. When the final sale price lands within two points of the current asking price, the bigger discount has already happened through reductions. A home that has been on the market a few weeks and has already been reduced may have little room left. A newly listed home priced on last year's assumptions is where the original-list gap is likeliest to show up. Days on market until sale averaged 39 in October 2026, up from 29 a year earlier. Many listings now stay on the market long enough for their own price history to become part of the negotiation.
Inventory climbed even as new listings dropped
The October 2026 report shows how that happens. New listings fell to 46, from 60 a year earlier. Even so, homes for sale rose to 117 from 71, an increase of 64.8%. When fewer homes come on the market but more of them are sitting there, the cause is slower sales. Closed sales fell to 40 from 56, and homes going under contract fell to 30 from 42.
September 2026 pointed the same way. Inventory there had more than doubled, and months of supply rose from 1.3 to 2.8.
| October 2026 vs. October 2025 | Marysville area | Union County | Entire Columbus REALTORS MLS |
|---|---|---|---|
| Homes for sale | 117, up 64.8% | 256, up 24.9% | 6,851, up 15.9% |
| Months of supply | 3.0, from 1.7 | 3.1, from 2.2 | not used here |
| Days on market until sale | 39, from 29 | 52, from 52 | 35, from 34 |
| Median sale price | $333,750, down 11.6% | $460,000, up 3.3% | $332,250, up 2.2% |
Across the region, inventory rose by about a sixth. In the Marysville area it rose by nearly two-thirds, about four times the regional pace. Months of supply nearly doubled in a single year. Buyers in this part of Union County now have more choices than buyers in most of central Ohio, and that is the market the Honda news arrived in.
The October median drop is mostly about which homes sold
The 11.6% drop in the October median looks alarming. Average price per square foot that month was $189.39, up slightly from $187.96 a year earlier. When the price per square foot holds steady and the median falls, smaller or lower-priced homes made up a larger share of that month's sales. With only 40 closed sales, a handful of homes can swing the median. The report itself notes that percent changes "can sometimes look extreme due to small sample size."
The year-to-date figures give a steadier view. Through October 2026, the median sale price was $380,000, compared with $390,000 through October 2025. That is a modest decline. Buyers this fall are not getting dramatically cheaper homes. They are getting more selection, more time, and more room to negotiate on price.
What Honda committed to, and when
Honda's announcement describes a new plant with capacity for 240,000 vehicles a year and more than 2,000 jobs. Production is expected to begin in 2029, subject to final government approvals. NBC4 reported that the plant will be able to build hybrids, gas-powered vehicles and battery-electric vehicles. NBC4 also noted that Honda already builds the Accord hybrid at Marysville and the CR-V hybrid at East Liberty.
Three details in the coverage bear on how soon the announcement could affect the housing market.
- The local terms are still open. The City of Marysville's own summary says incentives, including educational funding and local infrastructure investments, "remain under negotiations with county and city leaders."
- The workforce figures differ. NBC4 reported that Ohio EPA filings in October, under the name Project Sunrise, described a facility of about 300 acres south of Rapp-Dean Road with about 3,000 workers. Honda's announcement says more than 2,000 jobs.
- Honda's plans have changed recently. CNBC reported that in May, Honda indefinitely suspended an $11 billion electric-vehicle investment plan in Canada and canceled three planned U.S.-market EVs.
Nobody holds a job at the new plant yet, so no buyer is house-hunting because of one. The earliest demand tied to the plant would come from construction and supplier activity, and those schedules depend on approvals that are still pending.
Housing approved before the announcement
Marysville's planning pipeline was already moving before November 9. These projects come from City records dated spring and summer 2026:
- Trails at Weaver Ridge. K. Hovnanian Ohio Operations is planning 230 single-family lots on 101.76 acres. The Planning Commission and City Council approved the PUD in 2025, and design review was approved April 15, 2026. The City's review calls for developer-funded 12-inch waterline extensions and a sanitary-sewer capacity analysis.
- Trotters Gate Subarea C. This is a 44.49-acre section of the Marysville North PUD, presented by Rockford Development Investments and Schottenstein Homes with townhomes and detached homes. The Planning Commission approved its preliminary plat in July 2026.
- Water and Light at 409 N. Main. The first phase was presented to the Planning Commission in April 2026 as four apartment buildings with just over 200 units, with a proposed 54-unit building for residents 55 and older in a later phase.
City staff said in July 2026 that an update to Marysville's comprehensive plan was underway, with a community advisory committee and public meetings planned. Taken together, these records show hundreds of new homes and apartments moving through Marysville's approval process before Honda's announcement, in addition to the resale listings already on the market.
Signals that would change the picture
A buyer writing an offer this month is negotiating in the market described above. These are the developments that would start to change it:
- A signed incentive agreement between Honda and Union County and Marysville leaders, which would settle the local infrastructure terms the City says are still being negotiated.
- Final government approvals, which Honda named as the condition for its 2029 start date.
- The original-list-price ratio. If it moves back toward 97% or higher, sellers are regaining leverage. Columbus REALTORS posts each monthly report early in the following month. The October report was current as of November 9.
- Months of supply compared with Union County as a whole. In October 2026, the Marysville area was at 3.0 months and the county at 3.1. Watch whether the gap widens.
- Construction activity at Trails at Weaver Ridge and Trotters Gate, which will show how quickly approved lots become homes buyers can actually purchase.
A few questions buyers are asking
Where will the new Honda plant be?
Between Honda's existing Marysville and East Liberty assembly plants. NBC4 reported that the October EPA filings for Project Sunrise described a site of about 300 acres south of Rapp-Dean Road, near the East Liberty plant.
Did Marysville-area prices fall this year?
Modestly. The year-to-date median through October 2026 was $380,000, down 2.6% from the same period in 2025. Price per square foot rose 0.8% over that period.
Is the rest of Union County seeing the same shift?
Partly. In October 2026, Union County inventory was up 24.9%, and sellers received 94.1% of their original list price, down from 96.5% a year earlier. The county median rose 3.3% to $460,000.
If you're weighing a Marysville-area purchase this winter, the key questions about any listing are its price history and how far it sits from its original asking price. The Anne DeVoe Group can go through recent sales and reductions on the homes you're considering with you and help you set an offer based on the current market. Schedule a free consultation.
