Columbus, OH 43201 Real Estate Market Report

ZIP Code: 43201
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Columbus, OH (ZIP: 43201) is characterized by a median sold price of $449,900, reflecting a stable environment despite some signs of leveling off in appreciation. The neighborhood has increased up since the previous year, suggesting a resilient market. The median days on market stands at 260, indicating a slower sales velocity, which may imply a more cautious buyer sentiment or a mismatch between seller expectations and market realities.

Inventory levels are elevated, with a notable increase in active listings relative to the number of properties sold. This excess supply may provide buyers with more options, although competition remains for prime properties. The median listing price of $460,000 shows a significant gap compared to the sold price, indicating potential pricing friction as sellers adjust to current market conditions. Overall, the market temperature is neutral, suggesting a balanced environment where both buyers and sellers have opportunities.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus OH 43201 average around 5.875% to 6.19%, which is significantly lower than the 6.87% average seen one year ago, presenting a cost opportunity for refinancing.

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

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Key Findings

1. The median sold price is $449,900, indicating stable market conditions despite recent leveling off in appreciation.

2. With a median days on market of 260, the market is experiencing slower sales velocity, which may indicate cautious buyer sentiment.

3. Elevated inventory levels suggest excess supply relative to sales activity, providing buyers with more options.

4. The median listing price of $460,000 reflects a significant gap compared to the sold price, indicating potential pricing friction.

5. Rental rates are on the rise with a median market rent of $1,570, supported by steady demand in desirable areas.

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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.