OH · Metro #32

Columbus - OH housing market

The Columbus metro has a typical home value of $329,878, up 1.2% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$329,878
+1.2% vs. year ago
Median sale price
$304,309
+6.5% YoY
Median list price
$341,633
Sale-to-list ratio
98.5%
Selling below ask
Days on market
9d
Listings w/ price cut
24.0%
New listings / mo
2,189
+5.3% YoY
Homes for sale
4,914
+9.2% YoY
Typical rent
$1,516/mo
+1.6% YoY
Context

How to read this data

The typical home value ($329,878) 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 1.2% over the past year. In Columbus - OH, that means a home worth $325,966 last year is now worth roughly $329,878.

The median sale price , what homes actually close for , is $304,309. Homes are selling at 98.5% of list price, meaning buyers have room to negotiate.

Homes listed in Columbus - OH sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,189 new listings hit the market each month in Columbus - OH. There are currently 4,914 homes for sale, up 9.2% from a year ago.

The typical monthly rent in Columbus - OH is $1,516, 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$308,063 +2.6% 8.0d
Cleveland - OH$248,141 +4.4% 8.0d
Akron - OH$237,677 +4.1% 9.0d
Toledo - OH$199,124 +2.5% 9.0d
Youngstown - OH$172,767 +5.8% 17.0d
Canton - OH$214,195 +4.7% 10.0d
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