Columbus, OH 43206 Real Estate Market Report

ZIP Code: 43206
Report Date: May 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.

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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.

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Key Findings

1. With median sold price 259,900 serving as the primary indicator of market value, recent transaction activity suggests sales are settling below asking levels while sellers still receive realizations that are consistent with a stabilizing market; balanced market temperature appears to be in effect.

2. The market shows a persistent pricing gap where the median listing price is 267,450 while the representative recent sale is 259,900, which may indicate pricing friction between seller expectations and executed transactions; down year-over-year price trend supports caution on near-term upside.

3. The long median days on market of 253 points to slower sales velocity and suggests transactions are taking extended time to negotiate and close, which may require sellers to be more flexible on terms or pricing; moderate transaction volume appears to accompany this slower pace.

4. Rental fundamentals remain steady with a median market rent of 1,470 and a flat rent year-over-year trend, while elevated interest rate pressure (elevated) may constrain buyer affordability and sustain cautious pricing behavior.

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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.

Columbus, OH 43206 Real Estate Market Report

ZIP Code: 43206
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

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Key Findings

1. The primary market indicator, median sold price: 312,450, signals current transaction value in the 43206 sample and suggests pricing is below current asking levels; this gap between median listing price: 415,000 and the median sold price may indicate seller expectations exceed recent realized sale prices (pricing friction).

2. The sales cadence appears slow as indicated by median days on market: 407, which suggests slower sales velocity and extended negotiation windows despite a sample profile of relatively constrained active supply.

3. Market-level context shows a down price year-over-year trend and elevated interest rate pressure; combined with a neutral market temperature, this suggests a balanced market with measured seller advantages but growing sensitivity to financing costs (elevated interest rate pressure).

4. Rent and unit-level valuation context are mixed: median market rent: 1,300 and median price per square foot: 279 with a rent year-over-year trend that is flat, indicating steady rental demand but limited near-term upside from rent-driven appreciation.

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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.