Columbus, OH 43207 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. median sold price $167,500 is the primary indicator of market value and recent transaction activity in ZIP 43207, reflecting realized prices rather than asking expectations; up year-over-year price trend supports a cautiously positive valuation backdrop.
2. There is a sizable gap between median listing price $222,450 and median sold price $167,500, which may indicate pricing friction where seller expectations exceed recent transaction levels and suggests negotiation room for buyers; balanced/neutral market temperature appears to moderate aggressive price movement.
3. A long median days on market 180 points to slower sales velocity and extended listing periods for SFR and condominium stock, which may reflect buyers pacing decisions under current financing conditions; slower transaction volume could prolong time-to-contract for higher-priced listings.
4. Rental and financing context is mixed: median market rent $1,472 is paired with a down rent year-over-year trend and continued interest rate pressure moderate (30-year rates averaging 6.53%), implying moderated investor cash-flow expectations and heightened sensitivity to financing costs in underwriting and pricing decisions.

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.