GemHausNew report

Market Snapshot

Median listing price
$395K

The median listing price in Columbus, OH ZIP 43230 is $395,000 as of September 2026.

Median rent
$1,900/mo

The median market rent in Columbus, OH ZIP 43230 is $1,900/month as of September 2026.

Days on market
36 days

The median days on market in Columbus, OH ZIP 43230 is 36 days as of September 2026. The market is currently hot.

Gross rental yield
5.77%

At a median list price of $395,000 and a median rent of $1,900/month, the gross rental yield in Columbus, OH ZIP 43230 is 5.77% as of September 2026.

Columbus, OH 43230 Real Estate Market Report

ZIP Code: 43230

Report Date: September 2026

Market Temperature:
HOT

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
202
Active Listings
74
Sold Properties
128

Market Metrics

Median Listing Price
$395,000
Median Sold Price
$409,000
Median Price per Sqft
$225/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
$1,900

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

Property Tax Rate
1.52%

Liquidity & Velocity

Median Days on Market
36
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus, OH, are approximately 6.75% to 6.95%, which is roughly 1.0% to 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

  1. The primary indicator of market value is the median sold price $409,000, which compared to the median listing price $395,000 suggests sellers are generally achieving or slightly exceeding asking expectations; upward price pressure appears present.
  2. Liquidity appears moderate with a median days on market of 36 days, which may indicate steady turnover rather than rapid churn and suggests moderate sales velocity in the current market.
  3. Market-level momentum is positive: the price year-over-year trend is up and the market temperature is hot, indicating ongoing demand strength; however, elevated interest rate pressure elevated is a constraining macro headwind and may temper activity — elevated interest rate pressure.
  4. Fundamental value context shows a median price per square foot of 225 and a median market rent of 1,900, while rent year-over-year trend is flat, suggesting price appreciation is driven by sales-side dynamics rather than stronger rental growth — rent 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

4444 Shull Rd, Columbus, OH 43230
Top Sale

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

5 beds4 baths5,200 sqft
$1,849,000
Jun 2026
$356/sqft
1 days on market
659 Crossing Crk S, Gahanna, OH 43230
Premium

Sold above market average

4 beds4 baths3,718 sqft
$957,500
Jun 2026
$258/sqft
283 Bertram Pl, Gahanna, OH 43230
Market Benchmark

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

4 beds2 baths2,118 sqft
$450,000
Jul 2026
$212/sqft
1 days on market
525 Whitson Dr, Gahanna, OH 43230
Market Benchmark

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

4 beds2 baths2,432 sqft
$381,000
Aug 2026
$157/sqft
30 days on market
5113 Wolf Run Dr, Columbus, OH 43230
Market Benchmark

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

3 beds2 baths1,527 sqft
$380,000
Aug 2026
$249/sqft
25 days on market
220 Rugby Ln, Gahanna, OH 43230
Market Benchmark

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

3 beds2 baths1,532 sqft
$380,000
Jun 2026
$248/sqft
47 days on market
3840 Wintergreen Blvd, Columbus, OH 43230
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds1 baths1,028 sqft
$225,000
Jun 2026
$219/sqft
1 days on market
615 Knights Ave, Gahanna, OH 43230
Value

Sold below market average

3 beds1 baths999 sqft
$145,000
Aug 2026
$145/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

-$904/mo
43230 Avg Rent
43230 Cost to Own
Rent$1,900
Own$2,804

20% down, 6.95% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43230 Avg nightly rate
43230 Avg occupancy (days/year)
Nightly rate$205/night
Occupancy274 of 365 days

Data Sources

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

Report generated: 9/19/2026

GemHaus

Get personalized market intelligence

Analyze properties in Columbus, OH with valuations, rental estimates, highest-and-best-use signals, and operating costs.

Nearby Market Reports