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Columbus, OH 43201 Real Estate Market Report

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


Executive Overview

The real estate market in Columbus, OH (43201) is currently characterized by a median sold price of $399,900, reflecting a stable market environment. The neighborhood has experienced an upward price trend, with prices noted to be up year-over-year. This indicates a healthy demand for properties, despite the median days on market stretching to 380 days, suggesting a slower sales velocity and potentially longer transaction times for sellers.

Inventory conditions appear to be balanced, with elevated inventory levels relative to sales activity. While the median listing price stands at $349,900, the gap between listing and sold prices may indicate some pricing friction as sellers adjust expectations to align with market realities. Overall, the market temperature remains neutral, indicating a balanced environment where neither buyers nor sellers hold a distinct advantage.


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
49
Active Listings
23
Sold Properties
26

Market Metrics

Median Listing Price
$349,900
Median Sold Price
$399,900
Median Price per Sqft
$246/sqft

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.


Rental Market

Median Market Rent
$1,570
Rent Range
$1,040 - $1,740

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
1.64%

Liquidity & Velocity

Median Days on Market
380
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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
down
Interest Rate Pressure
moderate

Key Findings

  1. Median sold price of $399,900 suggests a strong market value despite slower sales velocity.

  2. Median days on market at 380 days indicates a slower transaction volume, which may affect liquidity.

  3. Median listing price of $349,900 shows a notable gap compared to sold prices, indicating potential pricing friction.

  4. The market temperature is neutral, reflecting a balanced market where supply and demand are relatively aligned.

  5. Rental demand remains strong with a median market rent of $1,570, despite a down trend in average rents year-over-year.


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

156 E 4th Ave, Columbus, OH 43201
Top Sale

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

3 beds
3 baths
1,496 sqft
$590,000
Mar 1, 2026
$394/sqft/sqft
198 days on market
383 W 6th Ave, Columbus, OH 43201
Premium

Sold above market average

3 beds
1 baths
2,059 sqft
$585,000
Jan 1, 2026
$284/sqft/sqft
214 days on market
1413 N Grant Ave, Columbus, OH 43201
Premium

Sold above market average

2 beds
3 baths
1,615 sqft
$559,999
Jan 1, 2026
$347/sqft/sqft
175 days on market
237 E 11th Ave, Columbus, OH 43201
Quick Flip

Sold below market average

5 beds
2 baths
1,815 sqft
$330,000
Jan 1, 2026
$182/sqft/sqft
225 E 11th Ave, Columbus, OH 43201
Quick Flip

Sold below market average

5 beds
3 baths
1,520 sqft
$321,000
Jan 1, 2026
$211/sqft/sqft
71 W Norwich Ave, Columbus, OH 43201
Market Benchmark

Sold at market average

3 beds
1 baths
1,329 sqft
$310,000
Feb 1, 2026
$233/sqft/sqft
488 Yeoman Ave, Columbus, OH 43201
Quick Flip

Sold below market average

3 beds
1 baths
1,048 sqft
$129,000
Mar 1, 2026
$123/sqft/sqft
911 Camden Ave, Columbus, OH 43201
Quick Flip

Sold below market average

2 beds
1 baths
726 sqft
$50,000
Jan 1, 2026
$69/sqft/sqft
1681 days on market

Data Sources

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

Report generated: 4/1/2026

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