Is Columbus, OH 43204 a buyer’s or seller’s market?
Columbus is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 42% of U.S. ZIP codes, and #393 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Columbus housing market right now
In the three months ending August 31, 2026, 25% of homes in Columbus, OH 43204 sold above their list price, the typical home went under contract in 49 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 157 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold more slowly (47 days then) and the median sale price rose 4% to $213,907. Overall, Columbus is about as competitive as it was a year ago.
Within Franklin County, homes here sell more slowly than in 74% of the county’s ZIP codes, and sell less often over asking than in 74%. On our competition score, Columbus ranks #393 of 489 OH ZIP codes with enough sales (score 43 out of 100).
Nearby, buyers who want less competition could look at Columbus 43218 (0% sold over asking) or Columbus 43217 (0% sold over asking), while Brice 43109 (50% sold over asking) and Columbus 43214 (50% sold over asking) are even more competitive.
Run the numbers for 43204
Nearby markets
Blacklick 43004Seller’s market $195 /sq ftBrice 43109 $109 /sq ftColumbus 43085Seller’s market $227 /sq ftColumbus 43201Seller’s market $272 /sq ft Browse all markets →Towns like Columbus nearby
Find towns like Columbus in other states →Where Columbus is
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Questions about Columbus real estate
Is Columbus a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Columbus, OH 43204 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Columbus?
The typical home went under contract in 49 days in the latest three months.
Do homes in Columbus sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Columbus?
About 1.47% of a home’s value a year in Franklin County, or roughly $5,880 on a $400,000 home.
What is the median home price in Columbus?
The median sale price was $213,907 in the three months ending August 31, 2026, about $162 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology