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Market Snapshot

Median listing price
$396K

The median listing price in Columbus, OH ZIP 43201 is $395,900 as of May 2026.

Median rent
$1,455/mo

The median market rent in Columbus, OH ZIP 43201 is $1,455/month as of May 2026.

Days on market
378 days

The median days on market in Columbus, OH ZIP 43201 is 378 days as of May 2026. The market is currently neutral.

Gross rental yield
4.41%

At a median list price of $395,900 and a median rent of $1,455/month, the gross rental yield in Columbus, OH ZIP 43201 is 4.41% as of May 2026.

STR vs LTR
$2,992/mo STR · $1,455/mo LTR

In Columbus, OH ZIP 43201, median Airbnb revenue is $2,992/month compared to median long-term rent of $1,455/month as of May 2026.

Columbus, OH 43201 Real Estate Market Report

ZIP Code: 43201

Report Date: May 2026

Market Temperature:
NEUTRAL

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
58
Active Listings
26
Sold Properties
32

Market Metrics

Median Listing Price
$395,900
Median Sold Price
$404,500
Median Price per Sqft
$246/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
$1,455

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
1.28%

Liquidity & Velocity

Median Days on Market
378
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus, OH, average 6.6%, which is approximately 0.4% higher than the 6.2% typical for loans originated in early 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 404,500, suggests recent transactions are supporting current valuation levels; up price year-over-year trend aligns with this transactional strength.
  2. There is a notable spread between median sold price 404,500 and median listing price 395,900, which may indicate pricing friction where seller expectations differ modestly from recent transaction prices; stable/balanced market temperature suggests this gap is not causing extreme market distortion.
  3. Extended selling timelines are evident with median days on market 378, which points to slower sales velocity and more decision-making time for buyers rather than rapid turnover; slower sales velocity may reflect the listed-sold price negotiation window.
  4. Inventory context in the analyzed sample appears as relatively constrained active supply against recent sales, which combined with median price per square foot 246 and median market rent 1,455 supports steady values; interest environment shows moderate interest rate pressure and current 30-year fixed mortgage rates at 6.6%, which is approximately 0.4% higher than the 6.2% typical for early 2026, a factor that may temper buyer urgency.

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

1359 Neil Ave, Columbus, OH 43201
Top Sale

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

4 beds3 baths2,986 sqft
$925,000
Apr 1, 2026
$310/sqft/sqft
942 days on market
281 E Greenwood Ave, Columbus, OH 43201
Premium

Sold above market average

3 beds3 baths1,890 sqft
$760,000
Apr 1, 2026
$402/sqft/sqft
1896 days on market
402 W 7th Ave, Columbus, OH 43201
Premium

Sold above market average

4 beds2 baths2,593 sqft
$725,000
Apr 1, 2026
$280/sqft/sqft
103 days on market
477 W 4th Ave, Columbus, OH 43201
Market Benchmark

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

2 beds2 baths1,208 sqft
$453,000
Mar 1, 2026
$375/sqft/sqft
1939 days on market
1105 Say Ave, Columbus, OH 43201
Market Benchmark

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

2 beds2 baths1,372 sqft
$435,000
Apr 1, 2026
$317/sqft/sqft
379 days on market
983 Michigan Ave, Columbus, OH 43201
Market Benchmark

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

3 beds2 baths1,112 sqft
$430,000
Mar 1, 2026
$387/sqft/sqft
3017 days on market
986 Highland St, Columbus, OH 43201
Premium

Sold above market average

2 beds1 baths882 sqft
$245,200
Mar 1, 2026
$278/sqft/sqft
188 days on market
765 E 2nd Ave, Columbus, OH 43201
Value

Sold below market average

3 beds1 baths1,380 sqft
$244,900
Apr 1, 2026
$177/sqft/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

-$1,164/mo
43201 Avg Rent
43201 Cost to Own
Rent$1,455
Own$2,619

20% down, 6.62% rate, 1.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43201 Avg nightly rate
43201 Avg occupancy (days/year)
Nightly rate$166/night
Occupancy186 of 365 days

Data Sources

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

Report generated: 5/27/2026

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