Market Snapshot
- Median listing price
- $267K
- Median rent
- $1,300/mo
- Days on market
- 42 days
- Gross rental yield
- 5.83%
The median listing price in Columbus, OH ZIP 43228 is $267,450 as of September 2026.
The median market rent in Columbus, OH ZIP 43228 is $1,300/month as of September 2026.
The median days on market in Columbus, OH ZIP 43228 is 42 days as of September 2026. The market is currently hot.
At a median list price of $267,450 and a median rent of $1,300/month, the gross rental yield in Columbus, OH ZIP 43228 is 5.83% as of September 2026.
Columbus, OH 43228 Real Estate Market Report
ZIP Code: 43228
Report Date: September 2026
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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Columbus, OH, are approximately 6.95%, which is 1.2% higher than the 5.75% rates observed in early 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary indicator of market value is the median sold price of $246,000, which — relative to the median listing price of $267,450 — suggests sellers may be pricing above recent transactions and pricing friction may be present between asking and achieved prices.
- The market is currently hot, with the price year-over-year trend reported as up, indicating continued price appreciation despite broader macro pressures.
- Liquidity appears mixed: the median days on market is 42, which suggests a moderate transaction velocity where properties are taking several weeks to convert rather than moving instantly.
- Interest rate conditions are a material headwind: interest rate pressure is elevated and current mortgage context notes that "Current 30-year fixed mortgage rates in Columbus, OH, are approximately 6.95%, which is 1.2% higher than the 5.75% rates observed in early 2026," which may temper buyer affordability even as rents (median market rent $1,300) remain flat.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Quick sale indicating strong buyer demand and competitive market conditions.
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Quick sale indicating strong buyer demand and competitive market conditions.
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.95% rate, 1.3% tax
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 9/19/2026
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