Market Snapshot
- Median listing price
- $280K
- Median rent
- $1,195/mo
- Days on market
- 242 days
- Gross rental yield
- 5.12%
- STR vs LTR
- $2,141/mo STR · $1,195/mo LTR
The median listing price in Columbus, OH ZIP 43229 is $279,900 as of June 2026.
The median market rent in Columbus, OH ZIP 43229 is $1,195/month as of June 2026.
The median days on market in Columbus, OH ZIP 43229 is 242 days as of June 2026. The market is currently neutral.
At a median list price of $279,900 and a median rent of $1,195/month, the gross rental yield in Columbus, OH ZIP 43229 is 5.12% as of June 2026.
In Columbus, OH ZIP 43229, median Airbnb revenue is $2,141/month compared to median long-term rent of $1,195/month as of June 2026.
Columbus, OH 43229 Real Estate Market Report
ZIP Code: 43229
Report Date: June 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
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
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 averaging approximately 6.63%, reflecting a stable market environment for property owners compared to earlier 2026 levels.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price: $282,500 — The median sold price establishes recent market value and suggests modest appreciation pressure (price trend: up); sellers can expect realized prices to be near this level rather than matching higher asking prices.
- median days on market: 242 — Extended median days on market indicates slower sales velocity and increased time to transact, which may require sellers to price more competitively or offer concessions; buyers should anticipate longer negotiation windows (slower sales velocity).
- median listing price: $279,900 vs. median sold price shows a narrow spread — The close proximity of median listing price to median sold price suggests limited pricing friction for well-positioned homes, but relatively constrained active supply means desirable properties can still attract competition.
- median market rent: $1,195 and rent trend is up — Strengthening rents alongside moderate interest rate pressure (30-year averages ~6.63%) supports landlord demand and may sustain investor interest, though financing costs remain a caution for leveraged buyers.
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 at market average
Sold below market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
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, 6.53% rate, 1.2% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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