Columbus, OH 43216 Real Estate Market Analysis | dynamic.RE
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Columbus, OH · 43216
Listings Dec 26, 2024 · Realtor Oct 2024 · ACS 2024
Market Read
A market with no active rental pool to price against. The sale-side figures below are the whole picture.
Tenant economics are strong. Median household income $75K, +1.9% YoY (county); renters hold 47.2% of county households. See the people evidence ↓
Gross Rental Yield
–
1% rule implies 12%/yr
Rent-to-Price
–
1% rule benchmark: 1.00%/mo
Gross Rent Multiplier
–
Price ÷ annual gross rent
Asking vs Voucher
–
No bedroom size has both a rent sample and a published FMR
Computed from this page's data: median listing $285,000 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.
Median Listing Price
$285K
Population
--
Households
553,099
Median Days on Market
4
Active Listings
1
New Listings
4
Housing Market
Pricing
Median Listing Price
$285K-- YoY
Average Listing Price
$285K-- YoY
Price per Sq Ft
$184-- YoY
Median Sq Ft
1,552-- YoY
Inventory
Active Listings
1-- YoY
New Listings
4-- YoY
Total Listings
1-- YoY
Buyer Competition
Pending Listings
---- YoY
Pending Ratio
---- YoY
Median Days on Market
4-- YoY
Price Reduced
0.0%-- YoY
Sale Spread
as of Dec 26, 2024Active Listings
Min Listed Price
$285,000
Active listings · as of Dec 26, 2024
Median Listed Price
$285,000
Realtor · Oct 2024
Max Listed Price
$285,000
Active listings · as of Dec 26, 2024
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.
Sale price range by property type
Active listings · as of Dec 26, 2024
Single FamilyMin $285,000 · Med $285,000 · Max $285,000
Sale price range (min-max)MedianFaded = fewer than 3 listings
Median sale price per square foot, by bedroom count
Active listings · as of Dec 26, 2024
Median sale price per sq ftFaded = fewer than 3 listings
Rental Market
as of Dec 26, 2024Active Listings
Median Rent
--
n = 6
Rent / Sq Ft
--
n = 6
Median Days on Market
--
n = 6
Rental Listings
6
New Listings
--
Asking rents vs. voucher payment standard
Active rentals · as of Dec 26, 2024 · n = 6
Median asking rent (ZIP)HUD FMR — 40th pct, countyFaded = fewer than 3 listings
Rent range by bedroom
Active rentals · as of Dec 26, 2024 · n = 6
Rent range (min-max)MedianFaded = fewer than 3 listings
Rental supply mix ⓘ
Active rentals · as of Dec 26, 2024 · n = 6
--No property-type breakdown reported for this area (active listings).
Units & Occupancy
2024 Occupancy ⓘ
U.S. Census ACS · n = 595,469
595Kunits
Occupied553,09992.9%
Vacant42,3707.1%
2024 Tenure ⓘ
U.S. Census ACS · n = 553,099
553Koccupied
Owner292,12352.8%
Renter260,97647.2%
Renter Share
47.2%+0.3% YoY
Total Housing Units
595,469+1.1% YoY
FY2026 Fair Market Rent
CountyFranklin County · HUD 40th-percentile estimate, not actual market asking rentⓘ
Studio
$1,111
/month
1 BR
$1,194
/month
2 BR
$1,430
/month
3 BR
$1,715
/month
4 BR
$1,927
/month
FMR trends · Franklin County
HUD Fair Market Rents · FY1983–FY2026
County Demographics
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%.
Median Age
34.82024
Population
Franklin County Population
1,356,303+1.3% YoY
Households
Total Households
553,099+0.9% YoY
Household Types ⓘ
U.S. Census ACS
--Not reported for this area (ACS).
Avg Household Size
2.360.0% YoY
Age
2024 Age Mix ⓘ
U.S. Census ACS · n = 1,333,048
1.3Mresidents
Under 18310,11023.3%
Adults 18–64849,25963.7%
65 & Over173,67913.0%
Age Composition Over Time
U.S. Census ACS · 2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18Adults 18–6465 & Over
Population Under 18
310,110+0.4% YoY
Population 65 & Over
173,679+3.4% YoY
Median Age
34.80+0.3% YoY
Mobility & Veterans
2024 Residential Mobility ⓘ
U.S. Census ACS
of residents
Same house83.1%
Moved (within US)16.0%
Other0.9%
Veterans
5.1%-5.6% YoY
County Economy
County median household income is $75K, 14.7% of residents are below the poverty level, 19.3% work from home.
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