The story of this market
The typical home in ZIP 43220 sells for about $334,000, or $215 per square foot.
Prices are up +2.3% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,269 a month.
ZIP 43220 — Columbus
The 43220 housing market remains resilient, characterized by a median listing price of $334,000 and a balanced inventory level. While days on market have seen a slight increase, demand remains steady, driven by the area's strong school districts and proximity to major employment hubs. Buyers are finding a more stable environment compared to the rapid price appreciation seen in previous years.
This ZIP is ideal for families seeking established suburban neighborhoods with high-quality schools, as well as professionals commuting to the nearby university or downtown employment hubs.
Median prices moved up 2.3% year over year.
Homes spend a median of 35 days on market with 2.4 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 11.8% — a stable, low-distress profile.
Built from 325 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 43220, Franklin County, OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime trends in the 43220 area are generally consistent with suburban Columbus patterns, with property crime being the primary concern; the area is considered relatively stable compared to higher-density urban cores.
The area is served by highly regarded school districts, including Upper Arlington City Schools and Columbus City Schools, with many local institutions maintaining strong academic performance ratings.
The region faces standard Midwestern climate risks, primarily severe thunderstorms and occasional high winds; flood risk is generally low, though localized drainage issues can occur in older developments.
The area benefits from proximity to major Columbus employment hubs, including the Ohio State University campus and the growing tech and healthcare corridors along the I-270 outerbelt.
Property taxes are assessed by Franklin County based on market value; the rate includes levies for schools, municipal services, and special districts, with homestead exemptions available for qualifying seniors and disabled residents.
Residents enjoy convenient access to the SR-315 and I-270 corridors, providing a direct 15-20 minute drive to downtown Columbus and the major employment centers in the northern suburbs.
The ZIP features extensive access to local parks such as Fancyburg Park and proximity to the Scioto River greenways, alongside robust retail and dining options along the Henderson and Reed Road corridors.
The rental market is characterized by steady demand driven by proximity to university and medical employment, with a mix of garden-style apartments and single-family rentals.
The local economy is anchored by the healthcare, education, and government sectors, with significant employment provided by the Ohio State University and various regional medical centers.
The area is primarily car-dependent, though it is well-served by the COTA bus system with routes connecting to the downtown core and major suburban hubs.
Development is focused on infill projects and the modernization of existing commercial corridors to support increased density.
The Franklin County Auditor performs triennial updates and sexennial reappraisals to ensure assessments reflect current market values.
Parcels are subject to standard municipal and county levies, with specific school district taxes varying based on whether the property falls within Columbus City or Upper Arlington school boundaries.
Property insurance premiums are stable, though homeowners should account for standard Midwestern weather-related risks in their coverage plans.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A popular community park featuring sports fields and playgrounds.
A major commercial artery providing diverse retail and restaurant options.
Extensive multi-use trails for cycling and walking along the river.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.