Columbus, OH Big Ten university city with diverse economy; top ranked for affordability among major metros. This report covers current market conditions, investment fundamentals, and key metrics for real estate buyers and investors.
Current Market Snapshot
Investment Analysis
With a gross yield of 6.2% and a median price of $275,000, Columbus sits firmly in cash flow territory. A typical 2-bedroom property rents for approximately $1,420/month based on HUD Fair Market Rent data.
The affordability index of 118 indicates housing is accessible for median-income households — a healthy foundation for sustained demand.
Market Temperature: Hot
With a median DOM of 22 days and approximately 4,800 active listings and fierce competition, Columbus's market is currently classified as hot. Low inventory is supporting seller leverage; buyers should move decisively on well-priced properties.
Key Data Points
| Metric | Value |
|---|---|
| Median Sale Price | $275,000 |
| YoY Price Change | +4.0% |
| Median Days on Market | 22 days |
| Active Listings | 4,800 |
| Est. 2BR Fair Market Rent | $1,420/mo |
| Gross Rental Yield | 6.2% |
| Median Household Income | $70,000 |
| Affordability Index | 118 |
Getting Live Data via API
ZipMarketData provides live data for all ZIP codes within the Columbus, OH metro. Use the /market-stats endpoint with any Columbus ZIP code for the most current figures.