The housing market in Columbus, OH (43240) is strong and showing a healthy appreciation rate relative to the US average. The median value of homes in this area is $302,800, far lower than the US median house value of $338,100. Furthermore, the one year appreciation rate for houses in Columbus is 9.74%, which is higher than the US average of 8.27%. This indicates that the housing market in Columbus is outpacing other parts of the country and should continue to be a strong real estate option for potential homeowners.
The median home cost in Columbus (zip 43240) is $302,800. Home appreciation the last 10 years has been 112.7%. Home Appreciation in Columbus (zip 43240) is up 13.5%.
Average Age of Homes
- The median age of Columbus (zip 43240) real estate is 13 years old
The Rental Market in Columbus (zip 43240)
- Renters make up 44.0% of the Columbus (zip 43240) population
- 0.0% of houses and apartments in Columbus (zip 43240), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.