Columbus, OH 43229 Real Estate Market Report

ZIP Code: 43229
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Columbus, OH (43229) is currently characterized by a median sold price of $269,900, reflecting a stable market environment. This price suggests a healthy demand for properties, particularly as it has shown an upward trend, indicating that the neighborhood has increased up since the previous year. The market is experiencing moderate transaction volume, with properties taking a median of 264 days on market, which may indicate slower sales velocity and a need for sellers to adjust expectations in line with buyer sentiment.

Inventory levels are elevated, with excess supply relative to sales activity observed in the analyzed sample. This condition suggests a balanced market, where while there are opportunities for buyers, sellers may face challenges in achieving optimal sale prices. The median listing price stands at $255,000, which is slightly below the median sold price, indicating potential pricing friction as sellers navigate buyer expectations in a competitive yet stable environment.

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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 median sold price of $269,900 indicates a stable market with positive price momentum.

2. With a median days on market of 264, properties are experiencing slower sales velocity, suggesting a need for strategic pricing.

3. The median listing price of $255,000 is slightly lower than the sold price, indicating potential pricing friction in negotiations.

4. Elevated inventory levels suggest excess supply relative to sales activity, contributing to a balanced market environment.

5. The median market rent of $1,426 reflects strong rental demand, supporting overall market stability.

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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.