OH · Metro #32

Columbus - OH housing market

The Columbus metro has a typical home value of $333,537, up 1.2% from a year ago. Homes are moving fast at 5 days on market - a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$333,537
+1.2% vs. year ago
Median sale price
$301,041
+4.5% YoY
Median list price
$351,633
Sale-to-list ratio
99.0%
Selling below ask
Days on market
5d
Listings w/ price cut
25.3%
New listings / mo
2,726
+6.4% YoY
Homes for sale
5,572
+10.1% YoY
Typical rent
$1,524/mo
+1.4% YoY
Context

How to read this data

The typical home value ($333,537) 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 $329,582 last year is now worth roughly $333,537.

The median sale price , what homes actually close for , is $301,041. Homes are selling at 99.0% of list price, meaning buyers have room to negotiate.

Homes listed in Columbus - OH sit on the market for roughly 5 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,726 new listings hit the market each month in Columbus - OH. There are currently 5,572 homes for sale, up 10.1% from a year ago.

The typical monthly rent in Columbus - OH is $1,524, up 1.4% 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$311,270 +2.5% 6.0d
Cleveland - OH$252,210 +4.3% 7.0d
Akron - OH$241,251 +4.3% 7.0d
Toledo - OH$203,726 +2.7% 7.0d
Youngstown - OH$175,405 +6.0% 12.0d
Canton - OH$218,776 +4.8% 7.0d
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