Columbus, OH 43227 Real Estate Market Report

ZIP Code: 43227
Report Date: May 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.

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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.

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Key Findings

1. The neighborhood's primary market indicator, median sold price, is 196,000, signaling the representative recent sale level and aligning with a price year-over-year trend that is up.

2. Median listing price is 192,450, slightly below the median sold price of 196,000, which may indicate seller expectations are broadly aligned with transaction outcomes rather than aggressively above market.

3. Liquidity appears muted: median days on market is 265, which points to slower sales velocity and suggests pricing friction despite a neutral market temperature.

4. Rental fundamentals remain constructive: median market rent is 1,300 and median price per square foot is 164, with rent year-over-year trend up, supporting demand for buy-to-rent strategies but also implying competition for income-producing 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.