Columbus, OH 43203 Real Estate Market Report

ZIP Code: 43203
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Columbus, OH (ZIP: 43203) currently stands at $249,900, reflecting a market that has seen modest price appreciation recently. This price point indicates a stable environment for buyers and sellers alike, although the absence of historical sold price change data limits a deeper analysis of long-term trends. The market is characterized by a neutral temperature, suggesting balanced conditions between supply and demand, with buyers having slightly more negotiating power than in previous months.

Transaction activity appears moderate, with 247 days on market indicating slower sales velocity. The elevated inventory levels relative to sales activity may suggest a shift towards a more balanced market, where buyers can take their time in decision-making. The median listing price of $319,900 indicates a notable gap from the median sold price, which may create pricing friction as sellers adjust expectations to align with current market realities.

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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

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Property Taxes

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Liquidity & Velocity

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.

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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 43203 around 6.00% are slightly lower than the February 2026 national average of 6.17%, presenting a minor cost opportunity for new financing.

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. $249,900 is the median sold price, indicating a stable market environment for recent transactions.

2. The market temperature is neutral, suggesting balanced conditions between supply and demand.

3. With 247 days on market, the sales velocity is slower, indicating a more deliberate buying process.

4. The median listing price of $319,900 shows a significant gap compared to the median sold price, which may create pricing friction for sellers.

5. The median market rent is $1,426, reflecting a strong rental demand in the area.

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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.