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Market Snapshot

Median listing price
$165K

The median listing price in Columbus, OH ZIP 43211 is $165,000 as of June 2026.

Median rent
$1,250/mo

The median market rent in Columbus, OH ZIP 43211 is $1,250/month as of June 2026.

Days on market
269 days

The median days on market in Columbus, OH ZIP 43211 is 269 days as of June 2026. The market is currently neutral.

Gross rental yield
9.09%

At a median list price of $165,000 and a median rent of $1,250/month, the gross rental yield in Columbus, OH ZIP 43211 is 9.09% as of June 2026.

STR vs LTR
$1,574/mo STR · $1,250/mo LTR

In Columbus, OH ZIP 43211, median Airbnb revenue is $1,574/month compared to median long-term rent of $1,250/month as of June 2026.

Columbus, OH 43211 Real Estate Market Report

ZIP Code: 43211

Report Date: June 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
83
Active Listings
25
Sold Properties
58

Market Metrics

Median Listing Price
$165,000
Median Sold Price
$120,000
Median Price per Sqft
$132/sqft

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
1.23%

Liquidity & Velocity

Median Days on Market
269
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
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus OH 43211 average approximately 6.5%, which is 0.5% higher than the 6.0% market stabilization levels observed earlier in 2026.

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 120,000 establishes recent transaction-level value and suggests that market clearing prices are below current asking levels; the notable gap with the median listing price of 165,000 may indicate pricing friction between seller expectations and completed sales and could require price adjustments or concessions to transact.
  2. The median sold price of 120,000 combined with a median days on market of 269 points to slower sales velocity; this slower pace appears consistent with a balanced to neutral market temperature where transactions complete but take longer to negotiate and close.
  3. The median sold price of 120,000 alongside a median price per square foot of 132 and a median market rent of 1,250 highlights price/rent fundamentals for SFR and condo investors; given the rent year-over-year trend is down, investors should be cautious about near-term rental growth expectations and underwrite conservatively.
  4. The median sold price of 120,000 should be evaluated in the context of financing pressure: interest rate pressure is described as moderate and Current 30-year fixed mortgage rates in Columbus OH 43211 average approximately 6.5%, which is 0.5% higher than the 6.0% market stabilization levels observed earlier in 2026; this dynamic may temper buyer demand and prolong time-to-contract, so buyers and sellers should account for elevated financing costs when setting offer and list strategies.

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 beds1 baths1,347 sqft
$265,000
Apr 1, 2026
$197/sqft/sqft
236 days on market
1329 Manchester Ave, Columbus, OH 43211
Premium

Sold above market average

1 beds1 baths578 sqft
$249,900
Mar 1, 2026
$432/sqft/sqft
140 days on market
2195 Dresden St, Columbus, OH 43211
Market Benchmark

Sold at market average

3 beds1 baths1,672 sqft
$228,000
Apr 1, 2026
$136/sqft/sqft
98 days on market
1525 Aberdeen Ave, Columbus, OH 43211
Market Benchmark

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

4 beds1 baths1,440 sqft
$135,000
Apr 1, 2026
$94/sqft/sqft
286 days on market
957 E 17th Ave, Columbus, OH 43211
Market Benchmark

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

2 beds1 baths672 sqft
$133,000
Apr 1, 2026
$198/sqft/sqft
124 days on market
1394 E 19th Ave, Columbus, OH 43211
Market Benchmark

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

2 beds1 baths1,238 sqft
$128,000
May 1, 2026
$103/sqft/sqft
2304 Pontiac St, Columbus, OH 43211
Value

Sold below market average

2 beds1 baths775 sqft
$65,000
Mar 1, 2026
$84/sqft/sqft
2795 Perdue Ave, Columbus, OH 43211
Value

Sold below market average

2 beds1 baths801 sqft
$60,000
Apr 1, 2026
$75/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

$483/mo
43211 Avg Rent
43211 Cost to Own
Rent$1,250
Own$767

20% down, 6.53% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43211 Avg nightly rate
43211 Avg occupancy (days/year)
Nightly rate$107/night
Occupancy105 of 365 days

Data Sources

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

Report generated: 6/1/2026

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