ZIP 43231 Housing Market Report

Columbus Metro

Report period: August 2026

43231 Monthly Market Update – August 2026

ZIP 43231 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$304,900
−1.3%
Median DOM (Sales)
19
−5.0%
New Listings (Sales)
5
−68.8%
Median Rent
$1,400
+3.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
29
+3.6%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (2 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($585,900 median)

Sales Market Overview

Median Price
$304,900
−1.3%
Median DOM
19
−5.0%
New Listings
5
−68.8%
Inventory
56
−3.4%
  • Average Price: $303,289
  • Median Price: $304,900
  • Price Range: $60,000 – $599,000
  • Price per Sq Ft (Avg/Median): $190 / $192
  • Square Footage (Avg/Median): 1,680 / 1,440
  • Square Footage Range: 922 – 3,631
  • Days on Market (Avg/Median): 53 / 19
  • Days on Market Range: 2 – 335
  • New Listings: 5
  • Total Listings: 56

Sales by Property Type

Condo
Avg/Median Price$188,615 / $179,999Range$149,900 – $250,000Price per Sq Ft$154 / $150Sq Ft1,249 / 1,196DOM58 / 41New0Total13
Land
Avg/Median Price$161,960 / $120,000Range$60,000 – $399,900Price per Sq FtSq FtDOM240 / 238New0Total5
Multi-Family
Avg/Median Price$374,950 / $350,000Range$350,000 – $399,900Price per Sq FtSq FtDOM11 / 2New1Total2
Single Family
Avg/Median Price$360,347 / $345,900Range$180,000 – $599,000Price per Sq Ft$203 / $201Sq Ft1,836 / 1,734DOM32 / 13New4Total36

Sales by Bedroom Count

2 Beds
Avg:$191,564Median:$179,999Range:$149,900 – $250,000PSF:$158 / $150Sq Ft:1,243 / 1,196DOM:54 / 33New:1Total:14
3 Beds
Avg:$342,335Median:$329,900Range:$180,000 – $499,900PSF:$209 / $223Sq Ft:1,689 / 1,459DOM:24 / 15New:2Total:23
4 Beds
Avg:$390,242Median:$350,000Range:$289,900 – $599,000PSF:$192 / $195Sq Ft:2,075 / 1,952DOM:24 / 10New:1Total:12
5 Beds
Avg:$350,000Median:$350,000Range:$350,000 – $350,000PSF:Sq Ft:DOM:2 / 2New:1Total:1
6 Beds
Avg:$585,900Median:$585,900Range:$585,900 – $585,900PSF:$181 / $181Sq Ft:3,246 / 3,246DOM:335 / 335New:0Total:1

Rental Market Overview

Median Rent
$1,400
+3.7%
Median DOM
1
0.0%
New Listings
11
Inventory
29
+3.6%
  • Average Rent: $1,615
  • Median Rent: $1,400
  • Rent Range: $800 – $2,825
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,154 / 950
  • Square Footage Range: 448 – 2,200
  • Days on Market (Avg/Median): 34 / 1
  • Days on Market Range: 1 – 258
  • New Listings: 11
  • Total Listings: 29

Rentals by Property Type

Apartment
$1,175
Median DOM: 55
Inventory: 12
MoM: +3.7%
Condo
$1,275
Median DOM: 1
Inventory: 7
MoM: +3.7%
Single Family
$2,295
Median DOM: 1
Inventory: 10
MoM: +3.7%
Townhouse
Median DOM:
Inventory:
MoM: +3.7%
Apartment
Avg/Median Rent$1,269 / $1,175Range$800 – $2,100Rent per Sq Ft$2 / $2Sq Ft861 / 760DOM76 / 55New4Total12
Condo
Avg/Median Rent$1,410 / $1,275Range$950 – $1,850Rent per Sq Ft$1 / $1Sq Ft1,060 / 1,059DOM11 / 1New3Total7
Single Family
Avg/Median Rent$2,173 / $2,295Range$1,200 – $2,825Rent per Sq Ft$2 / $1Sq Ft1,523 / 1,351DOM10 / 1New4Total10

Rentals by Bedroom Count

Studio
Avg:$1,867Median:$1,234Range:$1,234 – $2,500PSF:$2 / $2Sq Ft:848 / 760DOM:1 / 1New:1Total:2
1 Beds
Avg:$995Median:$965Range:$800 – $1,215PSF:$2 / $2Sq Ft:607 / 600DOM:109 / 69New:1Total:5
2 Beds
Avg:$1,349Median:$1,250Range:$945 – $2,100PSF:$2 / $1Sq Ft:943 / 896DOM:42 / 9New:4Total:11
3 Beds
Avg:$1,967Median:$2,000Range:$1,200 – $2,630PSF:$1 / $1Sq Ft:1,545 / 1,500DOM:2 / 1New:3Total:7
4 Beds
Avg:$2,375Median:$2,380Range:$1,795 – $2,825PSF:$1 / $1Sq Ft:1,729 / 1,500DOM:17 / 2New:2Total:4

6-Month Sales Trend

Mar 2026
Median Price:$275,000Median DOM:31New:20Total:58
Apr 2026
Median Price:$289,900Median DOM:14New:22Total:65
May 2026
Median Price:$305,000Median DOM:12New:32Total:79
Jun 2026
Median Price:$300,000Median DOM:17New:13Total:64
Jul 2026
Median Price:$309,000Median DOM:20New:16Total:58
Aug 2026
Median Price:$304,900Median DOM:19New:5Total:56

6-Month Rental Trend

Mar 2026
Median Rent:$1,795Median DOM:44New:5Total:25
Apr 2026
Median Rent:$1,674Median DOM:14New:6Total:19
May 2026
Median Rent:$1,370Median DOM:19New:9Total:22
Jun 2026
Median Rent:$1,250Median DOM:12New:9Total:24
Jul 2026
Median Rent:$1,350Median DOM:1New:11Total:28
Aug 2026
Median Rent:$1,400Median DOM:1New:11Total:29

Key Market Takeaways

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

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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