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Market Snapshot

Median listing price
$295K

The median listing price in Columbus, OH ZIP 43228 is $294,950 as of June 2026.

Median rent
$1,325/mo

The median market rent in Columbus, OH ZIP 43228 is $1,325/month as of June 2026.

Days on market
239 days

The median days on market in Columbus, OH ZIP 43228 is 239 days as of June 2026. The market is currently neutral.

Gross rental yield
5.39%

At a median list price of $294,950 and a median rent of $1,325/month, the gross rental yield in Columbus, OH ZIP 43228 is 5.39% as of June 2026.

STR vs LTR
$3,373/mo STR · $1,325/mo LTR

In Columbus, OH ZIP 43228, median Airbnb revenue is $3,373/month compared to median long-term rent of $1,325/month as of June 2026.

Columbus, OH 43228 Real Estate Market Report

ZIP Code: 43228

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
87
Active Listings
22
Sold Properties
65

Market Metrics

Median Listing Price
$294,950
Median Sold Price
$243,500
Median Price per Sqft
$191/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
$1,325

Property Taxes

Property Tax Rate
1.28%

Liquidity & Velocity

Median Days on Market
239
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
up
Interest Rate Pressure
moderate

Key Findings

  1. median sold price 243,500 is the primary indicator of market value in ZIP 43228 and suggests recent transaction levels center around this price; price is trending up year‑over‑year, which supports modest appreciation.
  2. The median days on market 239 points to slower sales velocity and suggests liquidity is muted despite steady pricing; this longer time-to-contract may indicate increased negotiation leverage for buyers or greater pricing friction.
  3. The median listing price 294,950 sits noticeably above the recent transaction benchmark, so listing expectations appear elevated relative to realized sales and may require price alignment to convert inventory into closed deals.
  4. Sample analysis indicates relatively constrained active supply in the analyzed dataset, while the market temperature is reported as neutral and interest rate pressure is described as moderate; together these factors suggest balanced conditions where sellers can achieve sales at or near the neighborhood’s transaction levels but may face longer marketing periods.

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

6198 Renner Park Dr, Columbus, OH 43228
Top Sale

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

4 beds2 baths2,929 sqft
$570,000
Apr 1, 2026
$195/sqft/sqft
222 days on market
6280 Renner Park Dr, Columbus, OH 43228
Premium

Sold above market average

3 beds2 baths2,308 sqft
$509,900
Mar 1, 2026
$221/sqft/sqft
124 days on market
6206 Feder Rd, Columbus, OH 43228
Market Benchmark

Sold at market average

4 beds2 baths2,600 sqft
$479,900
Mar 1, 2026
$185/sqft/sqft
1385 days on market
1025 Cape Charles Dr, Columbus, OH 43228
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds2 baths1,550 sqft
$385,000
May 1, 2026
$248/sqft/sqft
25 days on market
4682 Arnold Ave, Columbus, OH 43228
Market Benchmark

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

3 beds1 baths999 sqft
$264,900
Mar 1, 2026
$265/sqft/sqft
129 days on market
480 Yarmouth Ln, Columbus, OH 43228
Market Benchmark

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

3 beds1 baths1,623 sqft
$262,500
Mar 1, 2026
$162/sqft/sqft
157 days on market
348 Darbyhurst Rd, Columbus, OH 43228
Market Benchmark

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

3 beds1 baths1,369 sqft
$260,000
May 1, 2026
$190/sqft/sqft
79 Redmond Rd, Columbus, OH 43228
Value

Sold below market average

3 beds1 baths972 sqft
$95,000
Mar 1, 2026
$98/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

-$237/mo
43228 Avg Rent
43228 Cost to Own
Rent$1,325
Own$1,562

20% down, 6.50% rate, 1.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43228 Avg nightly rate
43228 Avg occupancy (days/year)
Nightly rate$193/night
Occupancy160 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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