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Market Snapshot

Median listing price
$290K

The median listing price in Columbus, OH ZIP 43205 is $289,900 as of June 2026.

Median rent
$1,275/mo

The median market rent in Columbus, OH ZIP 43205 is $1,275/month as of June 2026.

Days on market
343 days

The median days on market in Columbus, OH ZIP 43205 is 343 days as of June 2026. The market is currently neutral.

Gross rental yield
5.28%

At a median list price of $289,900 and a median rent of $1,275/month, the gross rental yield in Columbus, OH ZIP 43205 is 5.28% as of June 2026.

STR vs LTR
$971/mo STR · $1,275/mo LTR

In Columbus, OH ZIP 43205, median Airbnb revenue is $971/month compared to median long-term rent of $1,275/month as of June 2026.

Columbus, OH 43205 Real Estate Market Report

ZIP Code: 43205

Report Date: June 2026

Market Temperature:
NEUTRAL

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.

Analysis Window
90 Days
Total Properties Analyzed
68
Active Listings
44
Sold Properties
24

Market Metrics

Median Listing Price
$289,900
Median Sold Price
$289,000
Median Price per Sqft
$179/sqft

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
$1,275

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
1.09%

Liquidity & Velocity

Median Days on Market
343
Sale-to-List Ratio
100.0%

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

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 43205 area average approximately 6.7% as of June 2026, reflecting a stabilized market environment for property owners compared to earlier 2026 fluctuations.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market indicator is the median sold price of 289,000, which represents the most reliable signal of realized value in recent transactions and suggests pricing is anchored around that level in the local SFR/condo market.
  2. Listing expectations are closely aligned with transaction prices: the median listing price sits at 289,900, a small spread relative to the median sold price that may indicate limited upward room for renegotiation and generally realistic seller pricing strategies. neutral
  3. Liquidity appears muted based on the median days on market of 343, which points to slower sales velocity and may reflect buyers exercising greater selectivity despite a market described as balanced; this slower turnover suggests pricing friction rather than urgent distress. slower
  4. Rental and financing context: the median market rent is 1,275 while rent year-over-year trend is down, and interest rate pressure is described as moderate with prevailing 30-year fixed mortgage rates around 6.7%—a combination that may constrain investor cashflow and damp rental upside in the near term.

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

347 Kendall Pl, Columbus, OH 43205
Top Sale

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

6 beds3 baths4,042 sqft
$899,900
Apr 1, 2026
$223/sqft/sqft
250 days on market
878 Franklin Ave, Columbus, OH 43205
Premium

Sold above market average

4 beds3 baths4,262 sqft
$890,000
May 1, 2026
$209/sqft/sqft
80 days on market
336 Loeffler Ave, Columbus, OH 43205
Premium

Sold above market average

3 beds3 baths2,028 sqft
$660,000
Apr 1, 2026
$325/sqft/sqft
2751 days on market
1076 Franklin Ave, Columbus, OH 43205
Premium

Sold above market average

2 beds2 baths1,765 sqft
$391,000
Mar 1, 2026
$222/sqft/sqft
103 days on market
70 S Champion Ave, Columbus, OH 43205
Premium

Sold above market average

3 beds1 baths1,449 sqft
$389,000
Apr 1, 2026
$268/sqft/sqft
3549 days on market
1570 E Rich St, Columbus, OH 43205
Premium

Sold above market average

3 beds2 baths1,460 sqft
$385,000
Apr 1, 2026
$264/sqft/sqft
82 days on market
1225 E Livingston Ave, Columbus, OH 43205
Value

Sold below market average

5 beds1 baths1,628 sqft
$163,900
Apr 1, 2026
$101/sqft/sqft
131 days on market
390 S 22nd St, Columbus, OH 43205
Value

Sold below market average

3 beds1 baths1,560 sqft
$155,000
May 1, 2026
$99/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$538/mo
43205 Avg Rent
43205 Cost to Own
Rent$1,275
Own$1,813

20% down, 6.53% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43205 Avg nightly rate
43205 Avg occupancy (days/year)
Nightly rate$143/night
Occupancy113 of 365 days

Data Sources

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

Report generated: 6/1/2026

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