A 14,566-square-foot brick manor in New Albany sold for $4 million in September, the single costliest home sale recorded across Franklin County for the month. The property at 3842 Lambton Place closed on September 15, anchoring a wave of seven-figure deals that stretched from New Albany to Powell's newer subdivisions in neighboring Delaware County.
The sale was first tallied by NBC4 WCMH-TV, which analyzed property sale records from the auditors' offices of Franklin and Delaware counties, focusing only on single-family dwellings and excluding apartments, duplexes, and unrelated land purchases. The station's reporting found Franklin County's top five luxury sales in September ranged from $2.29 million to $4 million, with New Albany accounting for four of those five. The Lambton Place estate, a custom brick build associated with New Albany Country Club, was detailed by Pricey Pads.
New Albany's Grip on Franklin County's Top Sales
Behind the $4 million headline sale, New Albany properties filled out most of the county's priciest list. A home at 4615 Yantis Drive sold for $2.7 million on September 14, while 4991 Yantis Drive brought $2.3 million on September 9 and 7013 Hanbys Loop closed at $2.29 million, also on September 14, per the same NBC4 analysis. The lone non-New Albany entry among Franklin County's top five was a $2.6 million sale at 1980 Hillside Drive in Upper Arlington, which closed September 22.
That Upper Arlington sale lands against a backdrop of fast-rising prices in the suburb. Recent market data puts the median sale price at $700,000 and reports 13.2% year-over-year growth for different periods. New Albany's continued dominance of the luxury list is tied to longer-term economic forces: the area's residential demand is buoyed by Intel's $28-plus billion Ohio One semiconductor campus, a 1,000-acre development projected to create 3,000 direct corporate jobs, as noted by Sam Cooper Realtor, with the project's construction timeline now extending through a revised 2030 target.
Powell and Delaware County's Million-Dollar Streak
Across the county line, Delaware County posted its own run of high-value closings, led by a $1.75 million sale at 7760 Lindell Lane in Powell on September 9. Powell accounted for three of Delaware County's five highest September transactions, also including 2182 Woodland Hall Drive at $1.425 million on September 18 and 1403 Riverwood Lane at $1.4 million on September 28, the NBC4 analysis found. Other county sales included 7691 Perry Road in Delaware at $1.7 million on September 17 and 4972 Red Bank Road in Galena at $1.5 million on September 3.
Powell's September sales included several high-value transactions. Delaware County overall holds the highest median household income in Ohio at more than $133,000, with the state's highest median owner-occupied home values, according to the Delaware Gazette.
Tax Bills Diverge Across the County Line
Buyers closing on these homes also face different costs depending on which side of the county line they land. Franklin County charges a real property conveyance fee of $3.00 per $1,000 of valuation, combining a $1 state mandatory rate with a $2 county permissive rate, a structure that would generate $12,000 in fee revenue on a $4 million sale like the Lambton Place transaction, per Franklin County government. Delaware County charges $3.00 per $1,000, and its top September transaction was the $1.75 million Powell sale.
Context for a Steadily Climbing Regional Market
These multimillion-dollar closings took place amid broader activity in Central Ohio's housing market. Even with demand running high, sellers are not commanding blank checks: Central Ohio home sellers in August 2026 received an average of 96.9% of their original asking price, a roughly 3% closing discount, with homes spending a median of 30 days on the market.
The regional run-up builds on momentum documented earlier this year. Hoodline reported in May that the Columbus metro median single-family home price had reached $341,700 in early 2026, a 6.2% annual growth rate that outpaced national home price gains. September's sales included multimillion-dollar homes in New Albany, Upper Arlington, and Powell.
