Is Columbus, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Columbus has remained a Seller's Market.
Key Takeaway
Columbus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbus, OH
How much do homes in Columbus, OH cost?
Median Sold Price
$279,675
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Columbus have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Columbus was $279,675 in April 2024, up 7.6% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | $188.6K | -5.6% |
| 2 Bedrooms | $201.4K | $220.2K | +9.3% |
| 3 Bedrooms | $264.8K | $279.1K | +5.4% |
| 4 Bedrooms | $334.9K | $375K | +12.0% |
| 5+ Bedrooms | $371.2K | $475K | +28.0% |
Summary: Columbus housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 28%.
Median Sold Price Compared To Nearby Cities
| Marble Cliff | $270K | $351.5K | +30.2% |
| Grandview Heights | $505K | $562.5K | +11.4% |
| Upper Arlington | $532.1K | $575K | +8.0% |
| Columbus | $260K | $279.6K | +7.6% |
| Clinton Township | $243.7K | $201.5K | -17.3% |
Housing Supply in Columbus, OH
How many homes are available in Columbus, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3,842 | 4,198 | +9.3% |
Summary: The Columbus real estate market had 4,198 homes for sale in April 2024, a 9.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 125 | 125 | 0.0% |
| 2 Bedrooms | 939 | 1,015 | +8.1% |
| 3 Bedrooms | 1,853 | 2,033 | +9.7% |
| 4 Bedrooms | 766 | 856 | +11.7% |
| 5+ Bedrooms | 159 | 169 | +6.3% |
Summary: The Columbus housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 864 | 965 | +11.7% |
Asking Price vs. Sold Price
291 Homes Were Sold
Under Asking
202 Homes Were Sold
At Asking
472 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbus, you could pay more than the asking price. 48.9% of homes here sold above asking price last month.
Summary: A total of 965 homes were sold or pending in Columbus in April 2024, up by 11.7% month-over-month. Of the 965 sold homes, 30% were sold under asking, 21% were sold at asking, and 49% were sold over asking.
Days on Market for Columbus, OH
How long does it take to sell a home in Columbus, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 20 Days | +26.9% |
Summary: Homes in Columbus had an average of 20 days on market in Apr 2024, up by 26.9% compared to last year.
Breakdown of Home Sale Times
815 Homes Were Sold
Under 30 Days
102 Homes Were Sold
In 30 - 90 Days
48 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Columbus are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 965 homes were sold in Columbus; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.