Columbus, OH 43206 Real Estate Market Report

ZIP Code: 43206
Report Date: February 2026
Market Temperature: HOT
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 $299,900, reflecting a stable market environment. This price indicates a healthy demand, especially as the neighborhood has increased up since 2023. The market appears to be normalizing after previous volatility, with modest home price appreciation and a median listing price of $292,000, suggesting some pricing friction between seller expectations and buyer willingness to pay.

Transaction activity shows a median days on market of 183, indicating a slower sales velocity. This extended time frame may suggest elevated inventory levels, as the market is experiencing excess supply relative to sales activity. Despite the moderate interest rate pressure, the market temperature remains hot, supporting steady buyer activity and a balanced rental market with a median market rent of $1,426.

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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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus OH 43206 average around 5.92% compared to typical 2026 origination rates near 6.17%.

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 $299,900 indicates a stable market with healthy demand.

2. With a median days on market of 183, the market is experiencing slower sales velocity, suggesting potential pricing friction.

3. The median listing price of $292,000 reflects seller expectations that may not align with buyer willingness, indicating a need for price adjustments.

4. The market temperature is hot, which supports steady buyer activity despite elevated inventory levels.

5. The median market rent of $1,426 suggests a balanced rental market, providing stability for investors.

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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.