Columbus, OH 43214 Real Estate Market Report

ZIP Code: 43214
Report Date: May 2026
Market Temperature: HOT
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.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus, OH are 6.4% compared to the 6.0% average seen earlier in 2026, reflecting a tightening in market borrowing costs.

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. median sold price: $392,000 — The median sold price is the primary indicator of recent market value and shows that transactions are completing at a price point above the median listing price, which may indicate strong realized pricing in recent sales activity.

2. median listing price: $377,000 — The fact that the median sold price exceeds the median listing price suggests limited bargaining on price and continued seller advantage amid a hot market temperature, though this should be read alongside continued elevated interest rate pressure.

3. median days on market: 282 — A median days on market this long signals slower sales velocity and pricing friction for some listings; slower turnover may reflect buyer sensitivity to elevated borrowing costs even as prices trend up.

4. market temperature: hot and price year-over-year trend: up — Price momentum remains positive with rents also trending higher (median market rent: $1,425), supporting demand fundamentals; however, interest rate pressure: elevated appears as a near-term headwind that may temper transaction volume and extend time on market.

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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.

Columbus, OH 43214 Real Estate Market Report

ZIP Code: 43214
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus, OH are 6.4% compared to the 6.0% average seen earlier in 2026, reflecting a tightening in market borrowing costs.

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. The primary market indicator, the 185,000 median sold price, confirms recent transaction-level value and supports a market seen as up on price year-over-year, suggesting continued nominal appreciation for SFR and condominium properties.

2. Despite the price strength, the market shows slower sales velocity with a 282 median days on market — this extended time to close may indicate pricing friction or longer negotiation cycles even as overall market temperature is hot.

3. Pricing context: the 178 median price per square foot and 1,349 median market rent together point to firm per-unit values and rental support for investment buyers, while rent trends are also up, reinforcing demand-side resilience.

4. Borrowing costs and liquidity posture are a caution: interest rate pressure is described as elevated, and property rate comparison notes current 30-year fixed mortgage rates in Columbus, OH are 6.4% compared to the 6.0% average seen earlier in 2026, which may temper buyer purchasing power despite a hot market temperature.

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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.