Columbus, OH 43214 Real Estate Market Report

ZIP Code: 43214
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Columbus, OH (43214) is currently characterized by a median sold price of $379,900, reflecting a stable environment for buyers and sellers alike. While the market has shown signs of modest price appreciation, with a year-over-year trend indicating prices are up, the overall transaction activity remains moderate. This suggests a balanced market where buyers are cautious but still engaged, as evidenced by the median days on market of 266, indicating slower sales velocity.

Inventory conditions appear to be marked by elevated inventory levels, as the sample data indicates excess supply relative to sales activity. The median listing price stands at $509,000, which may suggest some pricing friction as sellers adjust expectations in light of the current market dynamics. The local economy continues to support demand, driven by investments in tech and manufacturing, although elevated interest rate pressure, with current mortgage rates averaging 6.35%, may be contributing to a more cautious buyer sentiment.

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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

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 6.35% as of April 1, 2026, which is 0.25% higher than the average rate of 6.10% seen in late February 2026.

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. $379,900 median sold price indicates a stable market with moderate transaction activity.

2. Elevated inventory levels suggest excess supply relative to sales activity, impacting pricing dynamics.

3. $509,000 median listing price reflects potential pricing friction as sellers adjust expectations.

4. 266 days on market indicates slower sales velocity, suggesting buyers may be taking their time in decision-making.

5. $1,480 median market rent shows a rising trend, indicating continued 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.