Columbus housing market

Buyer's marketColumbus, OH metro areaData through Sep 2026
Typical home value
$327K
▲ 1.3% 1 yr
Typical rent
$1,525/mo
▲ 2.9% 1 yr
12-month forecast
+2.1%
#252 of 546 metros
Gross rent yield
5.6%
#325 of 546 · U.S. 6.3%
Days to pending
32 days
▲ +5 days 1 yr
Listings with a price cut
35%
▲ +0.9 pts 1 yr

Key takeaways

  • 1The typical home is worth $326,910, up 1.3% in a year and up 25% over five years.
  • 2Zillow forecasts home values rising 2.1% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,525/mo (+2.9% YoY), a 5.6% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,797/mo in principal and interest, $272 more than renting.
  • 5Homes go under contract in 32 days (+5 days vs last year); 35% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 34/100, #375 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $327K
$180K$225K$271K$317K2016201920222025
Typical monthly rent
Latest $1,525
$960$1,135$1,311$1,4862016201920222025

How fast homes are selling

Days to go under contract
Latest 32
1122344520182020202220242026
Share of listings with a price cut
Latest 34.9%
11.5%18.8%26.1%33.3%20182020202220242026
Homes for sale vs new listings
Latest 6,782
For saleNew listings
1,6913,5525,4137,27420182020202220242026
Share of homes sold above list price
Latest 36.2%
22.2%37.2%52.2%67.3%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $94K
To buy (20% down)To rent
$41K$57K$74K$90K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Columbus compares

MeasureColumbusUnited StatesRank of 546
Home value, 1-yr change+1.3%+1.2%#344
Home value, 5-yr change+25.0%+19.7%
12-month forecast+2.1%+1.1%#252
Rent, 1-yr change+2.9%+2.7%#312
Gross rent yield5.6%6.3%#325
Price-to-rent ratio17.915.8
Mortgage P&I on typical home$1,797$2,012
Income needed to buy$94,153$100,902
Days to pending3256

Cities in the Columbus metro

16 cities with home value and rent data.

Columbus$243K▼ 1.1%$1,471▲ 2.7%7.3%
Westerville$446K▲ 1.5%$1,629▲ 3.0%4.4%
Grove City$330K▲ 1.3%$1,556▲ 5.1%5.6%
Hilliard$381K▲ 0.6%$1,573▲ 1.4%5.0%
Lancaster$276K▲ 2.8%$1,226▲ 4.1%5.3%
Dublin$559K▲ 1.5%$1,732▲ 2.0%3.7%
Newark$247K▲ 3.4%$1,420▲ 6.8%6.9%
Delaware$413K▲ 0.6%$1,622▲ 1.9%4.7%
Reynoldsburg$293K▲ 0.6%$1,585▲ 3.1%6.5%
Pickerington$418K▲ 0.9%$1,965▲ 3.5%5.6%
Powell$570K▲ 0.4%$2,480▲ 7.9%5.2%
Marysville$369K▲ 1.9%$1,416▼ 2.8%4.6%
Upper Arlington$636K▲ 4.5%$1,965▲ 1.1%3.7%
Whitehall$198K▲ 3.4%$1,434▲ 2.4%8.7%
Canal Winchester$412K▲ 0.8%$2,158▲ 5.4%6.3%
New Albany$628K▲ 1.9%$1,958▲ 7.8%3.7%

Run the numbers

Renting out a property in Ohio? See deposit limits, late fee rules and notice periods.

Other Ohio metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.