Columbus, OH 43203 Real Estate Market Report

ZIP Code: 43203
Report Date: April 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) is currently $239,900, reflecting a stable market condition despite a slight year-over-year decrease. This price point serves as a key indicator of market value and transaction activity, suggesting that while the neighborhood has experienced fluctuations, it remains resilient. The market appears to be stabilizing, with a median days on market of 390, indicating a slower sales velocity, which may suggest a cautious buyer sentiment in the area.

Inventory levels are characterized by elevated supply relative to sales activity, with a notable number of active listings compared to sold properties. This excess supply may lead to pricing friction, as sellers adjust their expectations in response to market conditions. The overall market temperature is currently assessed as neutral, indicating a balanced environment where both buyers and sellers have opportunities, albeit with moderate transaction volume.

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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

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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 are averaging 6.62% compared to 6.26% for loans originated in 2026.

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 of $239,900 indicates a stable market condition, despite recent fluctuations.

2. With a median days on market of 390, the market is experiencing slower sales velocity, suggesting cautious buyer sentiment.

3. Elevated inventory levels relative to sales activity may create pricing friction for sellers, necessitating adjustments in expectations.

4. The market temperature is neutral, indicating balanced conditions where both buyers and sellers can find opportunities.

5. The median market rent of $1,426 reflects a growing rental demand, contributing positively to the overall market dynamics.

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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.