GemHausNew report

Columbus, OH 43211 Real Estate Market Report

ZIP Code: 43211
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.


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.

Analysis Window
90 Days
Total Properties Analyzed
93
Active Listings
35
Sold Properties
58

Market Metrics

Median Listing Price
$159,900
Median Sold Price
$126,000
Median Price per Sqft
$134/sqft

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

Median Market Rent
$1,250

Property Taxes

Property Tax Rate
1.27%

Liquidity & Velocity

Median Days on Market
247
Sale-to-List Ratio
100.0%

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

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 43211 area are averaging approximately 6.35%, reflecting a stable market environment consistent with rates observed throughout early 2026.

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


Key Findings

  1. The neighborhood's primary market value indicator is the median sold price of $126,000, which serves as the most reliable signal of recent transaction-level pricing and anchors valuation expectations; representative recent sale frames local comps.

  2. There is a material gap between the median listing price of $159,900 and the median sold price of $126,000, which may indicate pricing friction where seller expectations exceed realized transaction levels and could prolong negotiations.

  3. Liquidity appears slow based on a median days on market of 247, which suggests slower sales velocity even as price year-over-year trend is up and the market temperature reads as neutral; this combination may produce cautious buyer behavior and extended time-to-contract.

  4. Rental and financing context supports demand: the median market rent is $1,250, rents are trending up, and current mortgage pricing shows 30-year fixed rates averaging approximately 6.35%, with moderate interest rate pressure that may cap buyer purchasing power.


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.

Recent Transactions

2765 Joyce Ave, Columbus, OH 43211
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
1 baths
1,347 sqft
$265,000
Apr 1, 2026
$197/sqft/sqft
205 days on market
1329 Manchester Ave, Columbus, OH 43211
Premium

Sold above market average

1 beds
1 baths
578 sqft
$249,900
Mar 1, 2026
$432/sqft/sqft
109 days on market
2453 Mcguffey Rd, Columbus, OH 43211
Premium

Sold above market average

3 beds
1 baths
1,066 sqft
$239,000
Feb 1, 2026
$224/sqft/sqft
583 days on market
1435 Kohr Pl, Columbus, OH 43211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,053 sqft
$141,000
Mar 1, 2026
$134/sqft/sqft
137 days on market
2776 Howey Rd, Columbus, OH 43211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
777 sqft
$139,900
Mar 1, 2026
$180/sqft/sqft
84 days on market
2175 Hanna Dr, Columbus, OH 43211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
1 baths
1,357 sqft
$136,500
Feb 1, 2026
$101/sqft/sqft
2304 Pontiac St, Columbus, OH 43211
Value

Sold below market average

2 beds
1 baths
775 sqft
$65,000
Mar 1, 2026
$84/sqft/sqft
2046 Loretta Ave, Columbus, OH 43211
Value

Sold below market average

3 beds
1 baths
1,253 sqft
$53,100
Feb 1, 2026
$42/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$456/mo
43211 Avg Rent
43211 Cost to Own
Rent$1,250
Own$794

20% down, 6.3% rate, 1.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43211 Avg nightly rate
43211 Avg occupancy (days/year)
Nightly rate$115/night
Occupancy105 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

GemHaus

Get personalized market intelligence

Analyze properties in Columbus, OH with valuations, rental estimates, highest-and-best-use signals, and operating costs.

Nearby Market Reports