Is Columbus, OH 43205 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Columbus is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score17/ 100

More competitive than 10% of U.S. ZIP codes, and #482 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

Months of supply6.8Under 4 months = seller’s market
Sold above original list9.6%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$160▼ −5.5% vs. last year

The Columbus housing market right now

In the three months ending August 31, 2026, 10% of homes in Columbus, OH 43205 sold above their list price, the typical home went under contract in 57 days and there were 6.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 54 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold faster (69 days then) and the median sale price fell 14% to $301,120. Overall, Columbus is more competitive than a year ago, so tougher for buyers.

Within Franklin County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 92%. On our competition score, Columbus ranks #482 of 489 OH ZIP codes with enough sales (score 17 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.

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 →

Where Columbus is

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Questions about Columbus real estate

Is Columbus a buyer’s or seller’s market?

A buyer’s market: there were 6.8 months of supply in Columbus, OH 43205 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 57 days in the latest three months.

Do homes in Columbus sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 96.5% 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 $301,120 in the three months ending August 31, 2026, about $160 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