Columbus, OH Foreclosures
How much do homes sell for in Columbus, OH?
The average home price is currently $343,844.
In Columbus, OH, how many homes are available?
There are currently 72 active home listings available in Columbus.
What’s the average rental cost in Columbus, OH?
The average rental price in Columbus is $1,339.
What is the most expensive home in Columbus?
The most expensive home sold in Columbus had a price of $139,215,584.
What is currently the cheapest priced home in Columbus, OH?
The cheapest home for sale in Columbus is priced at $10,108.
Living in Columbus, OH
Columbus, Ohio, is a thriving city known for its rich cultural scene, diverse neighborhoods, and outdoor recreational opportunities. With great schools, numerous parks, and vibrant local eateries, it offers a high quality of life for individuals and families alike. The economy continues to grow, making it an attractive market for real estate investment.
Current Market Conditions in Columbus, OH
Columbus has experienced a steady growth in the real estate market, with a noticeable increase in demand for housing due to the influx of new residents and businesses. The job market is robust, supporting this demand, particularly in education, healthcare, and technology sectors. As more people seek housing in this flourishing urban area, home prices are rising, but they still remain relatively affordable compared to other major U.S. cities.
The availability of new construction homes has also enhanced the market, meeting the needs of modern buyers who prefer contemporary amenities and eco-friendly designs. With the rise of remote work, many residents are choosing to relocate to more spacious areas within the city, contributing to a dynamic housing landscape.
Home Value Estimator For Columbus, OH
There are currently 198,583 real estate properties
in Columbus, OH,
with a median automated valuation model (AVM) price
of $257,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Columbus, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Columbus, OH,
is $343,844.00, with the most expensive house
in Columbus, OH, topping out
at $139,215,584.00 and the cheapest home
in Columbus, OH,
clocking in at $10,108.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Columbus, OH!
Rent Prices
In Columbus, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Columbus, OH, is on
a rollercoaster ride. The
average rent price in Columbus, OH,
is $1,339.00. Indeed, when looking to rent in
Columbus, OH, you can expect to pay as little
as $440.00 or as much
as $3,860.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Columbus, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.