ZIP 43240 Housing Market Report
Columbus Metro
Report period: May 2026
43240 Monthly Market Update – May 2026
ZIP 43240 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$359,900
0.0%
Median DOM (Sales)
14
+40.0%
New Listings (Sales)
1
−75.0%
Median Rent
$1,999
−4.8%
Median DOM (Rental)
17
−19.0%
Total Rental Listings
16
−11.1%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (11 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 4 Beds ($450,000 median)
Sales Market Overview
Median Price
$359,900
0.0%
Median DOM
14
+40.0%
New Listings
1
−75.0%
Inventory
17
−15.0%
- Average Price: $360,588
- Median Price: $359,900
- Price Range: $267,500 – $475,000
- Price per Sq Ft (Avg/Median): $237 / $236
- Square Footage (Avg/Median): 1,600 / 1,584
- Square Footage Range: 1,001 – 3,065
- Days on Market (Avg/Median): 27 / 14
- Days on Market Range: 2 – 100
- New Listings: 1
- Total Listings: 17
Sales by Property Type
Condo
Avg/Median Price$336,767 / $350,000Range$267,500 – $394,900Price per Sq Ft$231 / $227Sq Ft1,515 / 1,584DOM24 / 14New1Total12
Single Family
Avg/Median Price$417,760 / $424,900Range$329,900 – $475,000Price per Sq Ft$253 / $266Sq Ft1,806 / 1,597DOM37 / 11New0Total5
Sales by Bedroom Count
2 Beds
Avg:$310,267Median:$279,900Range:$267,500 – $374,500PSF:$239 / $236Sq Ft:1,354 / 1,001DOM:27 / 20New:0Total:6
3 Beds
Avg:$371,489Median:$359,900Range:$329,900 – $424,900PSF:$244 / $227Sq Ft:1,566 / 1,584DOM:26 / 8New:1Total:9
4 Beds
Avg:$462,500Median:$450,000Range:$450,000 – $475,000PSF:$197 / $147Sq Ft:2,492 / 1,918DOM:34 / 7New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $310,267 | $279,900 | $267,500 – $374,500 | $239 / $236 | 1,354 / 1,001 | 27 / 20 | 0 | 6 |
| 3 Beds | $371,489 | $359,900 | $329,900 – $424,900 | $244 / $227 | 1,566 / 1,584 | 26 / 8 | 1 | 9 |
| 4 Beds | $462,500 | $450,000 | $450,000 – $475,000 | $197 / $147 | 2,492 / 1,918 | 34 / 7 | 0 | 2 |
Rental Market Overview
Median Rent
$1,999
−4.8%
Median DOM
17
−19.0%
New Listings
1
Inventory
16
−11.1%
- Average Rent: $1,925
- Median Rent: $1,999
- Rent Range: $942 – $2,999
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,161 / 791
- Square Footage Range: 300 – 2,400
- Days on Market (Avg/Median): 19 / 17
- Days on Market Range: 1 – 48
- New Listings: 1
- Total Listings: 16
Rentals by Property Type
Apartment
$1,272
Median DOM: 1
Inventory: 9
MoM: −4.8%
Condo
$2,100
Median DOM: 21
Inventory: 2
MoM: −4.8%
Single Family
$2,799
Median DOM: 15
Inventory: 5
MoM: −4.8%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −4.8%
Apartment
Avg/Median Rent$1,437 / $1,272Range$942 – $2,369Rent per Sq Ft$3 / $2Sq Ft684 / 596DOM12 / 1New0Total9
Condo
Avg/Median Rent$2,295 / $2,100Range$2,100 – $2,490Rent per Sq Ft$2 / $1Sq Ft1,517 / 1,152DOM35 / 21New0Total2
Single Family
Avg/Median Rent$2,657 / $2,799Range$1,999 – $2,999Rent per Sq Ft$1 / $1Sq Ft1,876 / 1,866DOM15 / 15New1Total5
Rentals by Bedroom Count
Studio
Avg:$1,441Median:$1,180Range:$942 – $2,369PSF:$4 / $3Sq Ft:400 / 368DOM:1 / 1New:0Total:4
1 Beds
Avg:$1,266Median:$1,195Range:$1,117 – $1,425PSF:$2 / $2Sq Ft:684 / 671DOM:—New:0Total:4
2 Beds
Avg:$2,100Median:$2,100Range:$2,100 – $2,100PSF:$1 / $1Sq Ft:1,822 / 1,822DOM:22 / 22New:0Total:1
3 Beds
Avg:$2,476Median:$2,490Range:$1,999 – $2,990PSF:$2 / $2Sq Ft:1,629 / 1,676DOM:24 / 21New:1Total:5
4 Beds
Avg:$2,749Median:$2,499Range:$2,499 – $2,999PSF:$1 / $1Sq Ft:2,133 / 1,866DOM:12 / 7New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,441 | $1,180 | $942 – $2,369 | $4 / $3 | 400 / 368 | 1 / 1 | 0 | 4 |
| 1 Beds | $1,266 | $1,195 | $1,117 – $1,425 | $2 / $2 | 684 / 671 | — | 0 | 4 |
| 2 Beds | $2,100 | $2,100 | $2,100 – $2,100 | $1 / $1 | 1,822 / 1,822 | 22 / 22 | 0 | 1 |
| 3 Beds | $2,476 | $2,490 | $1,999 – $2,990 | $2 / $2 | 1,629 / 1,676 | 24 / 21 | 1 | 5 |
| 4 Beds | $2,749 | $2,499 | $2,499 – $2,999 | $1 / $1 | 2,133 / 1,866 | 12 / 7 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$375,000Median DOM:42New:1Total:11
Jan 2026
Median Price:$349,900Median DOM:33New:3Total:10
Feb 2026
Median Price:$372,000Median DOM:9New:7Total:14
Mar 2026
Median Price:$372,000Median DOM:15New:8Total:21
Apr 2026
Median Price:$359,900Median DOM:10New:4Total:20
May 2026
Median Price:$359,900Median DOM:14New:1Total:17
6-Month Rental Trend
Dec 2025
Median Rent:$1,382Median DOM:45New:3Total:16
Jan 2026
Median Rent:$1,350Median DOM:30New:3Total:14
Feb 2026
Median Rent:$1,769Median DOM:22New:5Total:15
Mar 2026
Median Rent:$2,100Median DOM:20New:2Total:17
Apr 2026
Median Rent:$2,100Median DOM:21New:3Total:18
May 2026
Median Rent:$1,999Median DOM:17New:1Total:16
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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