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Columbus, OH housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$326,910+1.3% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 28% have cut their price
Income needed to buy, per year$70,867About 0.8× the local median income ($86,307): affordable for a typical household
Days on market50 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.1%Zillow expects prices to rise slightly

The typical home in Columbus, OH is worth $326,910, up 1.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $281,431, so the area is 16.2% overvalued. It is a balanced market, leaning toward buyers: homes take about 50 days to sell, listings are up 14% from a year ago, 28% of listings have had a price cut. Zillow expects prices to rise about 2.1% over the next year. A household needs about $70,867 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $86,307. Typical rent is $1,525 a month, or $2,108 for a house. In the latest IRS figures, 522 more people moved out than in.

Home value over time

$0K$100K$200K$300K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$326,910
Change in 1 year+1.3%
Overvalued %+16.2%
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Fair home value$281,431
Change in 5 years+25.0%
Zillow forecast, next 12 months+2.1%
Home value to income3.8×
Monthly mortgage payment (20% down)$1,772
Income needed to afford it$70,867
Property tax rate1.32%

Rent and investing

Typical rent$1,525
Typical rent for houses$2,108
Price-to-rent ratio17.9×
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HUD Fair Market Rent, 2 bedrooms$1,585
Gross rental yield5.60%
Cap rate (estimate)3.64%

Market activity

Listings vs a year ago+14.5%
Days on market50
Listings with a price cut27.6%
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Homes for sale5,113
Pending sales per 100 listings47
Asking price per sq ft$205

People and jobs

Median household income$86,307
Population change (1 year)+1.0%
Unemployment rate4.1%
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Population2,242,028
Income adjusted for cost of living$90,374
Net moves in (IRS)−522
Cost of living (US = 100)95.5

Schools, risk and environment

School rating (1 to 10)5.8
FEMA hazard risk score (0 to 100)84.5
Unhealthy air days a year5
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Flood risk score89.4
Wildfire risk score27.5
Walkability (1 to 20)9.2
Road, rail and air noise53 dB

Questions people ask

Is Columbus, OH overvalued?
Home prices in Columbus, OH are well above what local incomes have historically supported: fair value is about $281,431, so the area is 16.2% overvalued.
Is Columbus, OH a buyer's or seller's market?
Columbus, OH is a balanced market, leaning toward buyers: homes take about 50 days to sell, listings are up 14% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Columbus, OH?
Home values in Columbus, OH are up 1.3% over the last year. Zillow's forecast for the next 12 months is +2.1%.
How much do you need to earn to buy a home in Columbus, OH?
A household needs about $70,867 a year to afford the typical home in Columbus, OH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $86,307.

Counties in this metro

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