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Market Snapshot

Median listing price
$225K

The median listing price in Columbus, OH ZIP 43232 is $225,000 as of June 2026.

Median rent
$1,375/mo

The median market rent in Columbus, OH ZIP 43232 is $1,375/month as of June 2026.

Days on market
259 days

The median days on market in Columbus, OH ZIP 43232 is 259 days as of June 2026. The market is currently neutral.

Gross rental yield
7.33%

At a median list price of $225,000 and a median rent of $1,375/month, the gross rental yield in Columbus, OH ZIP 43232 is 7.33% as of June 2026.

STR vs LTR
$786/mo STR · $1,375/mo LTR

In Columbus, OH ZIP 43232, median Airbnb revenue is $786/month compared to median long-term rent of $1,375/month as of June 2026.

Columbus, OH 43232 Real Estate Market Report

ZIP Code: 43232

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
78
Active Listings
21
Sold Properties
57

Market Metrics

Median Listing Price
$225,000
Median Sold Price
$203,000
Median Price per Sqft
$193/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
$1,375

Property Taxes

Property Tax Rate
1.27%

Liquidity & Velocity

Median Days on Market
259
Sale-to-List Ratio
100.0%

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
down
Interest Rate Pressure
moderate

Key Findings

  1. The median sold price $203,000 remains the primary indicator of market value, with the median listing price $225,000 above recent transaction levels—this gap suggests seller expectations exceed realized sale prices and may create pricing friction in negotiations.
  2. The median sold price $203,000 combined with a long median days on market 259 signals slower sales velocity, which appears consistent with a neutral market temperature and supports characterization as a more balanced market rather than a fast-moving one (neutral).
  3. The median sold price $203,000 alongside reported price year-over-year trend being up indicates moderate upward pressure on values, while inventory signals point to relatively constrained active supply—this suggests modest, sustainable appreciation rather than a rapid run-up.
  4. The median sold price $203,000 and median market rent $1,375 sit against a rent year-over-year trend that is down and interest rate pressure described as moderate, implying softer near-term rental performance and financing headwinds that may temper investor demand.

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

4878 Amber Crossing Dr, Columbus, OH 43232
Top Sale

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

4 beds2 baths2,800 sqft
$408,000
Apr 1, 2026
$146/sqft/sqft
142 days on market
6007 Bears Run Rd, Columbus, OH 43232
Value

Sold below market average

4 beds2 baths2,320 sqft
$385,000
May 1, 2026
$166/sqft/sqft
1550 Idlewild Dr, Columbus, OH 43232
Market Benchmark

Sold at market average

3 beds1 baths1,692 sqft
$315,000
Mar 1, 2026
$186/sqft/sqft
110 days on market
5115 Jameson Dr, Columbus, OH 43232
Market Benchmark

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

3 beds1 baths956 sqft
$228,000
May 1, 2026
$238/sqft/sqft
5301 Negley Ct, Columbus, OH 43232
Market Benchmark

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

3 beds1 baths1,248 sqft
$225,000
Apr 1, 2026
$180/sqft/sqft
2720 days on market
5414 Paladim Rd, Columbus, OH 43232
Market Benchmark

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

4 beds1 baths1,112 sqft
$224,000
Apr 1, 2026
$201/sqft/sqft
130 days on market
3849 Laguna Dr, Columbus, OH 43232
Value

Sold below market average

3 beds1 baths884 sqft
$93,000
May 1, 2026
$105/sqft/sqft
5017 Silverton Dr, Columbus, OH 43232
Value

Sold below market average

3 beds1 baths1,040 sqft
$90,000
Mar 1, 2026
$87/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

$74/mo
43232 Avg Rent
43232 Cost to Own
Rent$1,375
Own$1,301

20% down, 6.50% rate, 1.3% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

43232 Avg nightly rate
43232 Avg occupancy (days/year)
Nightly rate$87/night
Occupancy112 of 365 days

Data Sources

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

Report generated: 6/1/2026

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