Market Snapshot
- Median listing price
- $170K
- Median rent
- $1,249/mo
- Days on market
- 230 days
- Gross rental yield
- 8.79%
- STR vs LTR
- $1,487/mo STR · $1,249/mo LTR
The median listing price in Columbus, OH ZIP 43204 is $170,450 as of June 2026.
The median market rent in Columbus, OH ZIP 43204 is $1,249/month as of June 2026.
The median days on market in Columbus, OH ZIP 43204 is 230 days as of June 2026. The market is currently neutral.
At a median list price of $170,450 and a median rent of $1,249/month, the gross rental yield in Columbus, OH ZIP 43204 is 8.79% as of June 2026.
In Columbus, OH ZIP 43204, median Airbnb revenue is $1,487/month compared to median long-term rent of $1,249/month as of June 2026.
Columbus, OH 43204 Real Estate Market Report
ZIP Code: 43204
Report Date: June 2026
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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
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, average approximately 6.63% to 6.75% as of June 2026, reflecting a market environment where rates remain elevated compared to historical lows.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The most reliable market signal is the median sold price 184,000, which indicates recent transaction-level value in the ZIP; paired with a higher median listing price 170,450 this suggests some sellers are testing the market while actual closed values remain anchored at the sold-price level upward price trend.
- Liquidity appears slow by velocity metrics: the median days on market 230 points to extended marketing periods and pricing friction, which may indicate that sellers need to be selective on pricing to achieve timely closings rather than expect rapid offers.
- Supply dynamics show relatively constrained active supply in the sampled dataset, which, together with the median price per square foot 141, suggests pricing power for well-presented SFR and condo listings in desirable submarkets; sellers who align asking prices with recent sold comps are more likely to convert interest to contracts representative recent sale.
- Rental and financing context supports cautious investor interest: the median market rent 1,249 is rising alongside a stated rent-year-over-year trend of up, but interestRatePressure is reported as moderate and prevailing 30-year fixed mortgage rates near 6.63%–6.75% may temper leveraged buyer activity, favoring cash or well-capitalized purchasers.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 1.3% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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