Columbus, OH 43211 Real Estate Market Report

ZIP Code: 43211
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Columbus, OH (ZIP: 43211) is currently $120,000, reflecting a market that has seen some fluctuations but is generally stabilizing. The neighborhood has increased up since last year, indicating a modest appreciation in property values. Despite this positive trend, the market is characterized by elevated inventory levels, suggesting a shift towards a more balanced state as buyers and sellers adjust to current conditions.

Transaction activity remains moderate, with 252 days on market indicating slower sales velocity. This extended time frame may suggest pricing friction, where sellers are adjusting expectations in response to market realities. The overall market temperature is classified as neutral, indicating a balance between supply and demand, albeit with some areas experiencing slight year-over-year decreases in prices. The median listing price stands at $155,000, which is significantly higher than the median sold price, highlighting a potential gap in seller expectations versus buyer willingness to pay.

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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

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus, OH are averaging 6.64%, which is 0.26% higher than the 2026 average of 6.38%.

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

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Key Findings

1. $120,000 is the median sold price, indicating a market that is stabilizing after fluctuations.

2. The market temperature is neutral, suggesting balanced conditions between buyers and sellers.

3. 252 days on market reflects slower sales velocity, indicating potential pricing friction in the market.

4. The median listing price of $155,000 is notably higher than the median sold price, suggesting a gap in seller expectations.

5. Rental rates are on the rise, with a median market rent of $1,163, indicating increasing demand for rental properties.

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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.