ZIP 43240 Housing Market Report

Columbus Metro

Report period: March 2026

43240 Monthly Market Update – March 2026

ZIP 43240 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$369,900
−0.6%
Median DOM (Sales)
14
+55.6%
New Listings (Sales)
2
−71.4%
Median Rent
$1,769
0.0%
Median DOM (Rental)
20
−9.1%
Total Rental Listings
16
+6.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (7 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 3 Beds ($386,500 median)

Sales Market Overview

Median Price
$369,900
−0.6%
Median DOM
14
+55.6%
New Listings
2
−71.4%
Inventory
17
+21.4%
  • Average Price: $364,212
  • Median Price: $369,900
  • Price Range: $265,000 – $509,900
  • Price per Sq Ft (Avg/Median): $245 / $243
  • Square Footage (Avg/Median): 1,520 / 1,584
  • Square Footage Range: 1,001 – 2,125
  • Days on Market (Avg/Median): 34 / 14
  • Days on Market Range: 3 – 145
  • New Listings: 2
  • Total Listings: 17

Sales by Property Type

Condo
Avg/Median Price$324,056 / $339,900Range$265,000 – $375,000Price per Sq Ft$237 / $237Sq Ft1,408 / 1,584DOM52 / 28New0Total9
Single Family
Avg/Median Price$409,388 / $389,900Range$304,900 – $509,900Price per Sq Ft$253 / $243Sq Ft1,646 / 1,584DOM14 / 7New2Total8

Sales by Bedroom Count

2 Beds
Avg:$299,933Median:$269,900Range:$265,000 – $359,900PSF:$246 / $260Sq Ft:1,256 / 1,001DOM:59 / 28New:0Total:6
3 Beds
Avg:$399,273Median:$386,500Range:$304,900 – $509,900PSF:$244 / $240Sq Ft:1,664 / 1,584DOM:20 / 12New:2Total:11

Rental Market Overview

Median Rent
$1,769
0.0%
Median DOM
20
−9.1%
New Listings
1
Inventory
16
+6.7%
  • Average Rent: $1,819
  • Median Rent: $1,769
  • Rent Range: $1,042 – $2,680
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,163 / 791
  • Square Footage Range: 300 – 2,552
  • Days on Market (Avg/Median): 54 / 20
  • Days on Market Range: 1 – 305
  • New Listings: 1
  • Total Listings: 16

Rentals by Property Type

Apartment
$1,196
Median DOM: 1
Inventory: 8
MoM: 0.0%
Condo
$2,390
Median DOM: 30
Inventory: 3
MoM: 0.0%
Single Family
$2,295
Median DOM: 11
Inventory: 5
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,288 / $1,196Range$1,042 – $1,769Rent per Sq Ft$3 / $2Sq Ft549 / 547DOM153 / 1New0Total8
Condo
Avg/Median Rent$2,327 / $2,390Range$2,100 – $2,490Rent per Sq Ft$1 / $1Sq Ft1,639 / 1,882DOM26 / 30New0Total3
Single Family
Avg/Median Rent$2,365 / $2,295Range$2,150 – $2,680Rent per Sq Ft$1 / $1Sq Ft1,861 / 1,866DOM26 / 11New1Total5

Rentals by Bedroom Count

Studio
Avg:$1,310Median:$1,180Range:$1,042 – $1,769PSF:$4 / $3Sq Ft:397 / 368DOM:153 / 1New:0Total:4
1 Beds
Avg:$1,266Median:$1,196Range:$1,150 – $1,494PSF:$2 / $2Sq Ft:700 / 678DOM:New:0Total:4
2 Beds
Avg:$2,199Median:$2,199Range:$2,199 – $2,199PSF:$1 / $1Sq Ft:1,800 / 1,800DOM:New:0Total:1
3 Beds
Avg:$2,351Median:$2,295Range:$2,100 – $2,680PSF:$1 / $1Sq Ft:1,759 / 1,882DOM:28 / 20New:0Total:6
4 Beds
Avg:$2,499Median:$2,499Range:$2,499 – $2,499PSF:$1 / $1Sq Ft:1,866 / 1,866DOM:11 / 11New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$364,900Median DOM:33New:6Total:22
Nov 2025
Median Price:$364,900Median DOM:34New:4Total:19
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:$369,900Median DOM:14New:2Total:17

6-Month Rental Trend

Oct 2025
Median Rent:$2,009Median DOM:58New:1Total:18
Nov 2025
Median Rent:$1,999Median DOM:60New:2Total:18
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:$1,769Median DOM:20New:1Total:16

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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