Columbus, OH 43205 Real Estate Market Report

ZIP Code: 43205
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: 43205) is currently $315,500, reflecting a stable market environment. This price indicates a modest appreciation trend, as the market is characterized by a neutral temperature, suggesting a balanced state between buyers and sellers. The market has shown resilience, with the median listing price at $325,000, which may indicate some pricing friction as sellers adjust expectations to align with buyer sentiment.

Transaction activity is moderate, with 235 days on market indicating slower sales velocity. Elevated inventory levels relative to sales activity suggest that buyers are regaining negotiating power, although competition remains for well-priced properties. The local economic fundamentals continue to support modest price growth, while interest rates are stabilizing, averaging between 5.875% and 6.151%, which is favorable compared to recent peaks. This environment may encourage potential buyers to enter the market, although they may face challenges with longer days on market and elevated inventory.

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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

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.

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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 43205 average around 5.875% to 6.151%, which is 0.82% lower than the late-January 2026 average of 6.89% for property owners locking in loans.

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. $315,500 is the median sold price, indicating stable market conditions and modest appreciation.

2. The median days on market is 235, reflecting slower sales velocity and potential pricing adjustments.

3. Inventory levels are elevated, suggesting excess supply relative to sales activity, which may favor buyers in negotiations.

4. The median listing price stands at $325,000, indicating a pricing gap that may create friction in achieving sales.

5. Interest rates are stabilizing, averaging 5.875% to 6.151%, which is 0.82% lower than previous peaks, potentially encouraging buyer activity.

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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.