An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already −7.4% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −7.2% YoY, is the number to watch.
The median listing price is down 7.4% YoY while the median home got down 5.3% bigger, so value per square foot is up 0.3%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
Not shown: 5 BR (no price per sq ft reported).
At the median, a $403K purchase rents for $1,600/mo: 0.40% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price).
Sales here take about 21 days longer to go under contract than rentals (median across 4 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 43215 itself, not its parent county.
Renters hold 80.2% of this ZIP's 12,373 occupied households, on a median household income of $74K.
| Measure | ZIP 43215 | Franklin County | Difference |
|---|---|---|---|
| Median Household Income | $74K | $75K | -$1K |
| Below Poverty Level | 14.9% | 14.7% | +0.2% |
| Median Age | 31.20 | 34.80 | -3.60 |
| Total Population | 17,836 | 1,333,048 | -- |
| Avg Household Size | 1.37 | 2.36 | -0.99 |
| Owner-Occupied | 19.8% | 52.8% | -33.0% |
| Worked From Home | 27.0% | 19.3% | +7.7% |
| Mean Commute | 17.10 | 21.50 | -4.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.9% to 1,333,048: residents under 18 are up 0.4% and those 65 and over are up 3.4%.
County median household income is $75K, 14.7% of residents are below the poverty level, 19.3% work from home.