ZIP 43231 Housing Market Report

Columbus Metro

Report period: May 2026

43231 Monthly Market Update – May 2026

ZIP 43231 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$289,900
0.0%
Median DOM (Sales)
10
−28.6%
New Listings (Sales)
15
−31.8%
Median Rent
$1,450
−13.4%
Median DOM (Rental)
3
−78.6%
Total Rental Listings
21
+10.5%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (6 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($599,000 median)

Sales Market Overview

Median Price
$289,900
0.0%
Median DOM
10
−28.6%
New Listings
15
−31.8%
Inventory
70
+7.7%
  • Average Price: $286,230
  • Median Price: $289,900
  • Price Range: $90,000 – $599,000
  • Price per Sq Ft (Avg/Median): $189 / $185
  • Square Footage (Avg/Median): 1,567 / 1,454
  • Square Footage Range: 1,090 – 3,246
  • Days on Market (Avg/Median): 34 / 10
  • Days on Market Range: 2 – 248
  • New Listings: 15
  • Total Listings: 70

Sales by Property Type

Condo
Avg/Median Price$190,100 / $199,000Range$156,900 – $224,900Price per Sq Ft$152 / $147Sq Ft1,265 / 1,196DOM44 / 17New3Total17
Land
Avg/Median Price$163,150 / $120,000Range$90,000 – $399,900Price per Sq FtSq FtDOM149 / 147New0Total6
Single Family
Avg/Median Price$336,713 / $324,999Range$149,999 – $599,000Price per Sq Ft$203 / $202Sq Ft1,676 / 1,544DOM21 / 6New12Total47

Sales by Bedroom Count

2 Beds
Avg:$187,478Median:$185,000Range:$149,999 – $224,900PSF:$150 / $144Sq Ft:1,262 / 1,196DOM:42 / 16New:4Total:18
3 Beds
Avg:$332,129Median:$313,300Range:$175,000 – $524,900PSF:$208 / $204Sq Ft:1,616 / 1,486DOM:11 / 5New:11Total:34
4 Beds
Avg:$344,655Median:$349,900Range:$240,000 – $449,900PSF:$198 / $195Sq Ft:1,763 / 1,814DOM:32 / 18New:0Total:11
6 Beds
Avg:$599,000Median:$599,000Range:$599,000 – $599,000PSF:$185 / $185Sq Ft:3,246 / 3,246DOM:248 / 248New:0Total:1

Rental Market Overview

Median Rent
$1,450
−13.4%
Median DOM
3
−78.6%
New Listings
5
Inventory
21
+10.5%
  • Average Rent: $1,687
  • Median Rent: $1,450
  • Rent Range: $800 – $2,670
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,041 / 950
  • Square Footage Range: 552 – 1,808
  • Days on Market (Avg/Median): 58 / 3
  • Days on Market Range: 1 – 308
  • New Listings: 5
  • Total Listings: 21

Rentals by Property Type

Apartment
$1,200
Median DOM: 130
Inventory: 9
MoM: −13.4%
Condo
$1,250
Median DOM: 1
Inventory: 2
MoM: −13.4%
Single Family
$2,465
Median DOM: 1
Inventory: 9
MoM: −13.4%
Townhouse
$1,195
Median DOM: 134
Inventory: 1
MoM: −13.4%
Apartment
Avg/Median Rent$1,145 / $1,200Range$800 – $1,450Rent per Sq Ft$2 / $2Sq Ft761 / 717DOM126 / 130New1Total9
Condo
Avg/Median Rent$1,400 / $1,250Range$1,250 – $1,550Rent per Sq Ft$2 / $2Sq Ft896 / 896DOM2 / 1New2Total2
Single Family
Avg/Median Rent$2,348 / $2,465Range$2,000 – $2,670Rent per Sq Ft$2 / $2Sq Ft1,380 / 1,310DOM19 / 1New2Total9
Townhouse
Avg/Median Rent$1,195 / $1,195Range$1,195 – $1,195Rent per Sq Ft$1 / $1Sq Ft1,000 / 1,000DOM134 / 134New0Total1

Rentals by Bedroom Count

Studio
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$3 / $3Sq Ft:936 / 936DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,083Median:$965Range:$800 – $1,370PSF:$2 / $2Sq Ft:642 / 600DOM:238 / 167New:0Total:6
2 Beds
Avg:$1,271Median:$1,250Range:$1,059 – $1,550PSF:$1 / $1Sq Ft:949 / 949DOM:54 / 3New:3Total:5
3 Beds
Avg:$2,183Median:$2,100Range:$1,450 – $2,670PSF:$2 / $2Sq Ft:1,353 / 1,310DOM:15 / 1New:1Total:8
4 Beds
Avg:$2,615Median:$2,615Range:$2,615 – $2,615PSF:$2 / $2Sq Ft:1,730 / 1,730DOM:72 / 72New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$299,900Median DOM:56New:16Total:91
Jan 2026
Median Price:$289,900Median DOM:51New:6Total:63
Feb 2026
Median Price:$275,000Median DOM:43New:15Total:56
Mar 2026
Median Price:$275,000Median DOM:31New:20Total:58
Apr 2026
Median Price:$289,900Median DOM:14New:22Total:65
May 2026
Median Price:$289,900Median DOM:10New:15Total:70

6-Month Rental Trend

Dec 2025
Median Rent:$1,849Median DOM:30New:10Total:28
Jan 2026
Median Rent:$1,799Median DOM:32New:7Total:36
Feb 2026
Median Rent:$1,799Median DOM:46New:7Total:31
Mar 2026
Median Rent:$1,795Median DOM:44New:5Total:25
Apr 2026
Median Rent:$1,674Median DOM:14New:6Total:19
May 2026
Median Rent:$1,450Median DOM:3New:5Total:21

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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