Is Columbus, OH 43240 a buyer’s or seller’s market?
Columbus is a seller’s market. With about 2.1 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 66% of U.S. ZIP codes, and #209 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, 28% of homes in Columbus, OH 43240 sold above their list price, the typical home went under contract in 45 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold more slowly (34 days then) and the median sale price fell 8% to $355,346. Overall, Columbus is less competitive than a year ago, which gives buyers more room.
Within Delaware County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Columbus ranks #209 of 489 OH ZIP codes with enough sales (score 63 out of 100).
Nearby, buyers who want less competition could look at Radnor 43066 (0% sold over asking) or Kilbourne 43032 (0% sold over asking), while Westerville 43082 (35% sold over asking) is even more competitive.
Run the numbers for 43240
Nearby markets
Delaware 43015Seller’s market $202 /sq ftGalena 43021Seller’s market $220 /sq ftKilbourne 43032 $187 /sq ftLewis Center 43035Seller’s market $210 /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 seller’s market: there were 2.1 months of supply in Columbus, OH 43240 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 45 days in the latest three months.
Do homes in Columbus sell over asking?
28% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Columbus?
About 1.60% of a home’s value a year in Delaware County, or roughly $6,400 on a $400,000 home.
What is the median home price in Columbus?
The median sale price was $355,346 in the three months ending August 31, 2026, about $224 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