Median asking price, inventory, days on market, and the buyer-vs-seller verdict — the free market read before you underwrite the deal.
Columbus's tell is 27.9% — that share of listings has already cut its asking price. The median sits at $316,635, down 5.2% over the year. Sellers here have already conceded the argument.
Franklin County population is essentially flat since 2020. There is no demographic tailwind to bail out a bad entry price, and no collapse to fear either.
Active inventory is 1,564, 3.2x the Mar 2022 low of 496. New listings run 1,126 a month against 1,146 going under contract — a demand-to-supply ratio of 0.73. Below 1.0 means listings are piling up faster than buyers absorb them.
The median asking price is $316,635 at $211 per square foot, -5.2% year over year and 15% below the May 2024 peak of $371K. Homes now take 42 days to sell — 2.5x slower than the 17-day May 2021 low.
The leverage is not spread evenly. 43206 carries 130 active listings with 40.1% of them already cut — that is where a below-ask offer has the best odds of landing. The rest of the city is tighter than that headline suggests. Whether any specific property pencils as a rental is the underwriting question, and that lives in the app.
A buyer's market. Demand-to-supply is 0.73, homes take 42 days to sell, and 27.9% of listings have cut price.
Down. The median asking price is $316,635, -5.2% year over year and 15% below the May 2024 peak of $371K.
About 42 days on market — 2.5x slower than the 17-day May 2021 low.
43206, where 40.1% of 130 active listings have already cut price.
Supply is loose and sellers are conceding, so a patient buyer has real leverage. Whether a specific deal clears your rent and cash-flow thresholds is the underwriting step, available in the Dynamic.RE app.
Where it isn't: 43229 ($269,475 ask, 18.0% cutting) and 43221 ($540,000 ask, 12.3% cutting). Sellers there are holding.
| ZIP | Median price | $/sqft | Active | Days | Price cuts |
|---|---|---|---|---|---|
| 43206 | $324,975 | $218 | 130 | 51 | 40.1% |
| 43204 | $189,950 | $157 | 107 | 43 | 32.5% |
| 43207 | $238,975 | $176 | 100 | 41 | 28.1% |
| 43223 | $173,675 | $154 | 84 | 41 | 32.8% |
| 43201 | $475,950 | $289 | 78 | 48 | 32.3% |
| 43211 | $172,125 | $157 | 78 | 37 | 22.6% |
| 43205 | $406,950 | $211 | 69 | 59 | 34.3% |
| 43228 | $273,450 | $194 | 65 | 35 | 19.0% |
| 43224 | $191,150 | $175 | 62 | 42 | 26.6% |
| 43230 | $371,250 | $205 | 62 | 30 | 19.4% |
| 43235 | $392,500 | $208 | 54 | 37 | 18.2% |
| 43232 | $213,500 | $160 | 52 | 35 | 28.8% |
| 43213 | $244,900 | $159 | 50 | 40 | 30.9% |
| 43209 | $508,700 | $271 | 44 | 30 | 25.7% |
| 43203 | $311,250 | $190 | 43 | 59 | 24.8% |
Showing the 15 largest of 31 Columbus ZIP codes by active listings. 5 ZIPs with fewer than 10 active listings are excluded — a median across a handful of listings is noise, not a signal.
Closest matches across asking price, price per square foot, days on market, demand-to-supply, price-cut share, and year-over-year price movement.