Columbus, OH 43224 Real Estate Market Report

ZIP Code: 43224
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Columbus, OH (ZIP: 43224) reflects a median sold price of $215,000, indicating a stable market environment. The neighborhood has increased up since 2023, showcasing a modest appreciation in property values. The median listing price stands at $224,950, suggesting a slight gap between seller expectations and actual market transactions, which may indicate some pricing friction as buyers navigate the market.

Market activity shows 152 days on average for properties to sell, highlighting a slower sales velocity. Despite elevated inventory levels, the market temperature remains neutral, suggesting balanced conditions where neither buyers nor sellers hold a significant advantage. This equilibrium is further supported by a strong local economy and moderate interest rate pressure, with current 30-year fixed mortgage rates around 6.15% APR. Buyers are gaining some negotiating leverage as inventory slowly increases, although overall supply remains historically tight.

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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 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 around 6.15% APR, which is slightly higher than the 5.875% rate seen just weeks ago in 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. The median sold price of $215,000 reflects stable market conditions, with slight appreciation noted since 2023.

2. With a median listing price of $224,950, there is a notable gap between asking prices and sold prices, indicating potential pricing friction.

3. Properties are spending an average of 152 days on market, suggesting a slower sales velocity in the current environment.

4. The market temperature is neutral, indicating balanced conditions without a clear advantage for buyers or sellers.

5. Mortgage rates are currently around 6.15% APR, contributing to moderate interest rate pressure in the 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.