Columbus, OH 43207 Real Estate Market Report

ZIP Code: 43207
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the real estate market in Columbus, OH (ZIP: 43207) is characterized by a median sold price of $199,900, reflecting a stable market environment. The neighborhood has shown an upward price trend, with prices generally moving up. This suggests a growing demand despite the elevated inventory levels, which may indicate a balance between buyer interest and available properties.

Market activity appears moderate, with 154 days on market indicating slower sales velocity. The median listing price stands at $219,900, creating a noticeable gap that may reflect seller expectations versus current buyer sentiment. Overall, the market is navigating through a phase of moderate interest rates, which are currently near 5.875%, providing a cost opportunity for buyers compared to the previous year’s rates. This environment supports sustained buyer activity, although the market temperature remains neutral, suggesting a balanced approach to pricing and sales.

---

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

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

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 near 5.875% in Columbus OH are 0.78% lower than the 6.87% average recorded one year ago, indicating a cost opportunity for recent borrowers.

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

---

Key Findings

1. The median sold price of $199,900 indicates stable transaction values in the market.

2. With 154 days on market, the current sales velocity is slower, suggesting weak liquidity.

3. The median listing price of $219,900 shows a significant gap compared to sold prices, indicating potential pricing friction.

4. The median market rent of $1,426 reflects a strong rental demand, with rents trending up year-over-year.

5. Current interest rates at 5.875% are lower than last year's average, presenting a favorable borrowing environment for buyers.

---

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.