ZIP 43016 Housing Market Report

Columbus Metro

Report period: May 2026

43016 Monthly Market Update – May 2026

ZIP 43016 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$454,500
−2.2%
Median DOM (Sales)
13
−7.1%
New Listings (Sales)
27
−56.5%
Median Rent
$1,910
+2.1%
Median DOM (Rental)
27
−6.9%
Total Rental Listings
79
−4.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (6 DOM)
  • Fastest renting: Townhouse (1 DOM)
  • Strongest bedroom: 5 Beds ($764,446 median)

Sales Market Overview

Median Price
$454,500
−2.2%
Median DOM
13
−7.1%
New Listings
27
−56.5%
Inventory
168
+8.4%
  • Average Price: $582,554
  • Median Price: $454,500
  • Price Range: $59,900 – $5,525,000
  • Price per Sq Ft (Avg/Median): $212 / $214
  • Square Footage (Avg/Median): 2,392 / 2,108
  • Square Footage Range: 775 – 6,172
  • Days on Market (Avg/Median): 37 / 13
  • Days on Market Range: 1 – 358
  • New Listings: 27
  • Total Listings: 168

Sales by Property Type

Condo
Avg/Median Price$373,701 / $345,000Range$179,900 – $675,000Price per Sq Ft$209 / $207Sq Ft1,821 / 1,665DOM36 / 24New11Total73
Land
Avg/Median Price$2,550,000 / $990,000Range$290,000 – $5,525,000Price per Sq FtSq FtDOM231 / 209New0Total6
Manufactured
Avg/Median Price$69,633 / $69,900Range$64,000 – $75,000Price per Sq Ft$72 / $68Sq Ft998 / 938DOM38 / 27New1Total3
Single Family
Avg/Median Price$639,470 / $598,900Range$59,900 – $1,350,700Price per Sq Ft$220 / $221Sq Ft2,932 / 2,820DOM33 / 9New15Total85
Townhouse
Avg/Median Price$725,000 / $725,000Range$725,000 – $725,000Price per Sq FtSq FtDOM6 / 6New0Total1

Sales by Bedroom Count

1 Beds
Avg:$179,900Median:$179,900Range:$179,900 – $179,900PSF:$232 / $232Sq Ft:775 / 775DOM:4 / 4New:0Total:1
2 Beds
Avg:$313,268Median:$320,000Range:$59,900 – $569,900PSF:$202 / $206Sq Ft:1,535 / 1,488DOM:44 / 28New:8Total:53
3 Beds
Avg:$460,277Median:$425,000Range:$199,900 – $799,900PSF:$217 / $214Sq Ft:2,153 / 2,070DOM:19 / 10New:10Total:45
4 Beds
Avg:$671,112Median:$624,900Range:$419,900 – $1,100,000PSF:$217 / $219Sq Ft:3,124 / 3,046DOM:45 / 9New:6Total:41
5 Beds
Avg:$807,142Median:$764,446Range:$515,000 – $1,350,700PSF:$220 / $221Sq Ft:3,738 / 3,258DOM:16 / 10New:3Total:20
6 Beds
Avg:$690,000Median:$690,000Range:$690,000 – $690,000PSF:$209 / $209Sq Ft:3,300 / 3,300DOM:158 / 158New:0Total:1
8 Beds
Avg:$725,000Median:$725,000Range:$725,000 – $725,000PSF:Sq Ft:DOM:6 / 6New:0Total:1

Rental Market Overview

Median Rent
$1,910
+2.1%
Median DOM
27
−6.9%
New Listings
8
Inventory
79
−4.8%
  • Average Rent: $2,131
  • Median Rent: $1,910
  • Rent Range: $897 – $9,000
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,514 / 1,319
  • Square Footage Range: 300 – 8,072
  • Days on Market (Avg/Median): 61 / 27
  • Days on Market Range: 1 – 265
  • New Listings: 8
  • Total Listings: 79

Rentals by Property Type

Apartment
$1,395
Median DOM: 37
Inventory: 37
MoM: +2.1%
Condo
$2,200
Median DOM: 5
Inventory: 8
MoM: +2.1%
Single Family
$2,655
Median DOM: 28
Inventory: 30
MoM: +2.1%
Townhouse
$1,675
Median DOM: 1
Inventory: 4
MoM: +2.1%
Apartment
Avg/Median Rent$1,476 / $1,395Range$897 – $2,489Rent per Sq Ft$2 / $2Sq Ft888 / 820DOM96 / 37New0Total37
Condo
Avg/Median Rent$2,398 / $2,200Range$1,800 – $3,500Rent per Sq Ft$1 / $1Sq Ft1,696 / 1,537DOM45 / 5New2Total8
Single Family
Avg/Median Rent$2,901 / $2,655Range$1,650 – $9,000Rent per Sq Ft$1 / $1Sq Ft2,213 / 1,892DOM37 / 28New4Total30
Townhouse
Avg/Median Rent$1,875 / $1,675Range$1,650 – $2,175Rent per Sq Ft$1 / $1Sq Ft1,394 / 1,208DOM6 / 1New2Total4

Rentals by Bedroom Count

Studio
Avg:$1,578Median:$1,348Range:$897 – $2,489PSF:$5 / $3Sq Ft:382 / 300DOM:93 / 55New:0Total:3
1 Beds
Avg:$1,352Median:$1,320Range:$1,082 – $1,750PSF:$2 / $2Sq Ft:763 / 732DOM:131 / 101New:0Total:21
2 Beds
Avg:$1,778Median:$1,720Range:$1,299 – $2,200PSF:$1 / $1Sq Ft:1,330 / 1,224DOM:40 / 27New:4Total:23
3 Beds
Avg:$2,552Median:$2,450Range:$2,110 – $3,500PSF:$1 / $1Sq Ft:1,849 / 1,888DOM:35 / 21New:2Total:20
4 Beds
Avg:$3,123Median:$2,950Range:$2,655 – $3,999PSF:$1 / $1Sq Ft:2,348 / 2,200DOM:52 / 29New:2Total:10
5 Beds
Avg:$6,000Median:$3,000Range:$3,000 – $9,000PSF:$1 / $1Sq Ft:5,536 / 3,000DOM:48 / 48New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$469,900Median DOM:55New:27Total:191
Jan 2026
Median Price:$449,900Median DOM:54New:32Total:155
Feb 2026
Median Price:$419,000Median DOM:40New:31Total:127
Mar 2026
Median Price:$424,900Median DOM:22New:44Total:135
Apr 2026
Median Price:$464,900Median DOM:14New:62Total:155
May 2026
Median Price:$454,500Median DOM:13New:27Total:168

6-Month Rental Trend

Dec 2025
Median Rent:$2,400Median DOM:47New:22Total:97
Jan 2026
Median Rent:$2,300Median DOM:48New:23Total:98
Feb 2026
Median Rent:$2,045Median DOM:33New:18Total:86
Mar 2026
Median Rent:$2,015Median DOM:34New:18Total:81
Apr 2026
Median Rent:$1,870Median DOM:29New:23Total:83
May 2026
Median Rent:$1,910Median DOM:27New:8Total:79

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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