Lockbourne, OH 43137 Real Estate Market Report

ZIP Code: 43137
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 Lockbourne, OH as of April 2026 is characterized by a median sold price of $332,450, reflecting modest price appreciation. This price indicates a stable demand, with the market showing signs of slight upward momentum despite the presence of moderate to elevated interest rates. The neighborhood has experienced an increase in rental demand, with the median market rent reaching $1,426, suggesting a growing interest in rental properties alongside home purchases.

Transaction activity appears moderate, with 401 median days on market, indicating a slower sales velocity. The current inventory conditions suggest elevated inventory levels relative to sales activity, which may indicate a balance between supply and demand. The market temperature remains neutral, suggesting that while there is some upward price movement, the overall dynamics are stable, with no significant pressure on either buyers or sellers.

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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

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.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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 $332,450 indicates a stable market with modest price appreciation.

2. With 401 median days on market, the market is experiencing slower sales velocity, suggesting potential pricing friction.

3. The median market rent has risen to $1,426, reflecting increasing rental demand in the area.

4. The market temperature is neutral, indicating balanced conditions without significant pressure on either buyers or sellers.

5. Elevated inventory levels suggest excess supply relative to sales activity, which may influence pricing strategies for sellers.

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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.