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Market Snapshot

Median listing price
$425K

The median listing price in Bexley, OH ZIP 43209 is $424,900 as of July 2026.

Median rent
$1,400/mo

The median market rent in Bexley, OH ZIP 43209 is $1,400/month as of July 2026.

Days on market
38 days

The median days on market in Bexley, OH ZIP 43209 is 38 days as of July 2026. The market is currently hot.

Gross rental yield
3.95%

At a median list price of $424,900 and a median rent of $1,400/month, the gross rental yield in Bexley, OH ZIP 43209 is 3.95% as of July 2026.

STR vs LTR
$1,074/mo STR · $1,400/mo LTR

In Bexley, OH ZIP 43209, median Airbnb revenue is $1,074/month compared to median long-term rent of $1,400/month as of July 2026.

Bexley, OH 43209 Real Estate Market Report

ZIP Code: 43209

Report Date: July 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
121
Active Listings
43
Sold Properties
78

Market Metrics

Median Listing Price
$424,900
Median Sold Price
$441,500
Median Price per Sqft
$254/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,400

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.39%

Liquidity & Velocity

Median Days on Market
38
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
flat
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Bexley, OH are 6.8% compared to 6.4% when typical loans in this area originated earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market indicator, median sold price 441,500, confirms realized market value and recent transaction strength in Bexley; combined with a hot market temperature, this suggests sellers are capturing strong sale prices relative to broader regional trends.
  2. The median sold price 441,500 exceeds the median listing price 424,900, which may indicate pricing friction between seller expectations and final sale outcomes, and suggests that competitive buyer activity can push sales above asking in selected transactions.
  3. The median days on market 38 points to a moderate sales velocity—neither extremely rapid turnover nor prolonged stagnation—and when read alongside a flat price year-over-year trend, it suggests a market that is active but stabilizing rather than accelerating.
  4. Interest rate dynamics are a material headwind: interest rate pressure elevated with reported property rate comparison showing 30-year fixed mortgage rates at 6.8% versus 6.4% earlier in 2026; this environment, paired with elevated interest rate pressure, may temper buyer affordability even as rents are rising (rent year-over-year trend up), supporting continued seller confidence but cautioning on near-term demand sensitivity.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

193 Stanbery Ave, Bexley, OH 43209
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds4 baths5,389 sqft
$2,575,000
May 1, 2026
$478/sqft
36 Ashbourne Rd, Bexley, OH 43209
Premium

Sold above market average

5 beds4 baths4,348 sqft
$2,000,000
Jun 1, 2026
$460/sqft
805 Montrose Ave, Bexley, OH 43209
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds2 baths1,308 sqft
$515,000
May 1, 2026
$394/sqft
1 days on market
165 N Merkle Rd, Bexley, OH 43209
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,543 sqft
$505,000
Jul 1, 2026
$327/sqft
28 days on market
2808 Powell Ave, Bexley, OH 43209
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths2,350 sqft
$500,000
May 1, 2026
$213/sqft
2259 Astor Ave, Bexley, OH 43209
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths1,480 sqft
$495,000
Jun 1, 2026
$334/sqft
21 days on market
148 S Gould Rd, Columbus, OH 43209
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,482 sqft
$410,000
May 1, 2026
$277/sqft
1 days on market
39 N Gould Rd, Bexley, OH 43209
Value

Sold below market average

3 beds1 baths1,137 sqft
$170,000
Jun 1, 2026
$150/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,492/mo
43209 Avg Rent
43209 Cost to Own
Rent$1,400
Own$2,892

20% down, 6.58% rate, 1.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43209 Avg nightly rate
43209 Avg occupancy (days/year)
Nightly rate$155/night
Occupancy226 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/28/2026

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