Momentum Builds in Residential Construction
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Construction of new single-family homes in the Mahoning Valley is expected to be in line with last year, despite challenges such as a shrinking number of available lots and a tight skilled labor pool. The market has become more predictable over the past two years, allowing building contractors to plan for new projects, with 258 permits for single-family homes awarded last year across Mahoning, Trumbull, and Columbiana counties.
New single-family home construction in the Mahoning Valley is expected to match last year's levels. The number of available lots is decreasing, and the skilled labor pool remains tight. Inflation is also a concern, having driven up construction costs since 2021. Despite these challenges, the market has become more predictable, allowing contractors to plan new projects. Last year, 258 permits for single-family homes were awarded across Mahoning, Trumbull, and Columbiana counties. Mahoning County secured the most permits, with 148, a 24.3% increase from the previous year.
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