A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already −15.0% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +33.1% YoY, is the number to watch.
The median listing price is down 15.0% YoY while the median home got down 10.9% bigger, so value per square foot is down 3.5%.
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: 6 BR (no price per sq ft reported).
At the median, a $377K purchase rents for $1,515/mo: 0.40% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent).
Sales here take about 5 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Townhouse (rented here, not sold).
U.S. Census ACS characteristics for ZIP 43235 itself, not its parent county.
Renters hold 49.6% of this ZIP's 19,947 occupied households, on a median household income of $87K.
| Measure | ZIP 43235 | Franklin County | Difference |
|---|---|---|---|
| Median Household Income | $87K | $75K | +$11K |
| Below Poverty Level | 10.2% | 14.7% | -4.5% |
| Median Age | 37.40 | 34.80 | +2.60 |
| Total Population | 44,589 | 1,333,048 | -- |
| Avg Household Size | 2.21 | 2.36 | -0.15 |
| Owner-Occupied | 50.4% | 52.8% | -2.4% |
| Worked From Home | 22.4% | 19.3% | +3.1% |
| Mean Commute | 20.70 | 21.50 | -0.80 |
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.