dynamic.RE
dynamic.RELoading market data
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 −6.6% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −21.2% YoY, is the number to watch.
The median listing price is down 6.6% YoY while the median home got up 0.6% 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 $268K purchase rents for $1,400/mo: 0.52% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 1 BR (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent).
Sales here take about 25 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented), Townhouse (rented here, not sold).
U.S. Census ACS characteristics for ZIP 43231 itself, not its parent county.
Renters hold 45.5% of this ZIP's 8,521 occupied households, on a median household income of $74K.
| Measure | ZIP 43231 | Franklin County | Difference |
|---|---|---|---|
| Median Household Income | $74K | $75K | -$1K |
| Below Poverty Level | 16.7% | 14.7% | +2.0% |
| Median Age | 35.10 | 34.80 | +0.30 |
| Total Population | 23,009 | 1,333,048 | -- |
| Avg Household Size | 2.68 | 2.36 | +0.32 |
| Owner-Occupied | 54.5% | 52.8% | +1.7% |
| Worked From Home | 17.7% | 19.3% | -1.6% |
| Mean Commute | 21.00 | 21.50 | -0.50 |
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.