Columbus, OH 43206 Real Estate Market Report

ZIP Code: 43206
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Columbus, OH (ZIP: 43206) is currently characterized by a median sold price of $256,950, reflecting a stable market environment. This price point indicates a modest appreciation trend, with the market showing signs of resilience despite some fluctuations in transaction activity. The neighborhood has experienced an up trend in prices year-over-year, suggesting a consistent demand that supports current valuations.

Market liquidity appears to be moderate, with 278 days on market indicating slower sales velocity. The elevated inventory levels relative to sales activity may suggest a cautious approach from buyers, potentially leading to pricing friction. However, the median market rent of $1,426 and positive local economic indicators, including job and population growth, continue to bolster the housing market, creating a favorable backdrop for sellers.

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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 43206 are averaging 6.61% compared to 5.91% when 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. $256,950 is the median sold price, indicating stable market conditions and modest appreciation.

2. The median days on market stands at 278, suggesting slower sales velocity and potential pricing friction.

3. Elevated inventory levels indicate excess supply relative to sales activity, which may impact buyer negotiations.

4. The median market rent of $1,426 reflects strong rental demand, supporting overall market stability.

5. The market temperature is currently neutral, suggesting a balanced environment with no significant pressure on either buyers or sellers.

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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.