Columbus, OH 43206 Real Estate Market Report

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.

Market Metrics

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

Property Taxes

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.

Market Trends & Context

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

Key Findings

1. The market value signal is anchored by the median sold price of 196,000, which should be treated as the primary indicator of realized value and recent transaction activity in 43206.
2. There is a notable listing-to-sale pricing gap between the median listing price of 279,775 and the median sold price of 196,000, which may indicate persistent seller pricing above recent transaction levels and pricing friction in the market.
3. Extended selling timelines are evident from the median days on market of 243, which suggests slower sales velocity and more time required to convert listings into closed transactions, even as the market temperature is reported as neutral.
4. Market fundamentals show mixed, but broadly stable, pressure: year-over-year prices are up and rents are up, while interest rate pressure is moderate and local 30-year fixed rates average approximately 6.53%, suggesting balanced conditions where buyers and sellers may need to be flexible on price and timing.

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.