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Market Snapshot

Median listing price
$210K

The median listing price in Columbus, OH ZIP 43224 is $210,000 as of June 2026.

Median rent
$1,045/mo

The median market rent in Columbus, OH ZIP 43224 is $1,045/month as of June 2026.

Days on market
213 days

The median days on market in Columbus, OH ZIP 43224 is 213 days as of June 2026. The market is currently neutral.

Gross rental yield
5.97%

At a median list price of $210,000 and a median rent of $1,045/month, the gross rental yield in Columbus, OH ZIP 43224 is 5.97% as of June 2026.

STR vs LTR
$1,135/mo STR · $1,045/mo LTR

In Columbus, OH ZIP 43224, median Airbnb revenue is $1,135/month compared to median long-term rent of $1,045/month as of June 2026.

Columbus, OH 43224 Real Estate Market Report

ZIP Code: 43224

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
106
Active Listings
19
Sold Properties
87

Market Metrics

Median Listing Price
$210,000
Median Sold Price
$186,000
Median Price per Sqft
$189/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
$1,045

Property Taxes

Property Tax Rate
1.25%

Liquidity & Velocity

Median Days on Market
213
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

Key Findings

  1. The primary market indicator is the median sold price of $186,000, which represents recent transaction activity and supports a balanced to slightly warm local market given the reported neutral market temperature.
  2. The market shows slower velocity with a median days on market of 213 days, which may indicate longer time-to-contract and softening liquidity compared with faster-moving submarkets.
  3. Seller expectations appear above recent transaction levels as the median listing price of $210,000 exceeds the median sold price; this gap may signal pricing friction that sellers and agents should address in negotiations and pricing strategy.
  4. Rental fundamentals show a median market rent of $1,045, while the rent year-over-year trend is down, and interest rate pressure is moderate; investors should weigh moderated rent growth against the neutral overall market temperature when underwriting acquisitions.

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

827 Inwood Pl, Columbus, OH 43224
Top Sale

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

3 beds2 baths1,228 sqft
$360,000
Mar 1, 2026
$293/sqft/sqft
108 days on market
899 Meadowview Dr, Columbus, OH 43224
Premium

Sold above market average

3 beds1 baths1,480 sqft
$350,000
May 1, 2026
$236/sqft/sqft
327 days on market
889 Marland Dr S, Columbus, OH 43224
Premium

Sold above market average

3 beds2 baths1,671 sqft
$350,000
Mar 1, 2026
$209/sqft/sqft
4211 Chesford Rd, Columbus, OH 43224
Market Benchmark

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

3 beds1 baths925 sqft
$208,000
May 1, 2026
$225/sqft/sqft
238 days on market
1120 Piedmont Rd, Columbus, OH 43224
Market Benchmark

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

3 beds1 baths979 sqft
$206,000
Apr 1, 2026
$210/sqft/sqft
3178 days on market
4123 Arbury Ln, Columbus, OH 43224
Market Benchmark

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

3 beds1 baths959 sqft
$205,000
May 1, 2026
$214/sqft/sqft
94 days on market
4041 Hickman Rd, Columbus, OH 43224
Value

Sold below market average

3 beds1 baths960 sqft
$90,000
Apr 1, 2026
$94/sqft/sqft
2034 Dunbar Dr, Columbus, OH 43224
Value

Sold below market average

3 beds1 baths1,344 sqft
$75,000
May 1, 2026
$56/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

-$143/mo
43224 Avg Rent
43224 Cost to Own
Rent$1,045
Own$1,188

20% down, 6.50% rate, 1.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43224 Avg nightly rate
43224 Avg occupancy (days/year)
Nightly rate$114/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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