OH · Metro #32

Columbus - OH housing market

The Columbus metro has a typical home value of $335,357, up 1.3% from a year ago. Homes are moving fast at 6 days on market, a strong seller's market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$335,357
+1.3% vs. year ago
Median sale price
$303,497
+5.7% YoY
Median list price
$359,967
Sale-to-list ratio
99.4%
Selling below ask
Days on market
6d
Listings w/ price cut
28.5%
New listings / mo
2,920
+5.8% YoY
Homes for sale
6,099
+10.0% YoY
Typical rent
$1,528/mo
+1.6% YoY
Context

How to read this data

The typical home value ($335,357) is the Zillow Home Value Index for the Columbus - OH metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.3% over the past year. In Columbus - OH, that means a home worth $331,053 last year is now worth roughly $335,357.

The median sale price , what homes actually close for , is $303,497. Homes are selling at 99.4% of list price, meaning buyers have room to negotiate.

Homes listed in Columbus - OH sit on the market for roughly 6 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,920 new listings hit the market each month in Columbus - OH. There are currently 6,099 homes for sale, up 10.0% from a year ago.

The typical monthly rent in Columbus - OH is $1,528, up 1.6% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Covered Home Repairs
Related

Other metros in OH

MetroHome value1-yr changeDays on market
Cincinnati - OH$313,303 +2.5% 6.0d
Cleveland - OH$255,598 +4.1% 7.0d
Akron - OH$245,312 +4.4% 7.0d
Toledo - OH$206,185 +2.9% 7.0d
Youngstown - OH$180,319 +6.2% 13.0d
Canton - OH$220,212 +4.8% 7.0d
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