The story of this market
The typical home in ZIP 43221 sells for about $424,500, or $256 per square foot.
Prices are roughly flat from a year ago (-0.33%), a market in balance. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,501 a month.
ZIP 43221 — Columbus
The 43221 housing market remains competitive with a median sale price of $424,500, reflecting a slight year-over-year adjustment. Low inventory levels continue to support pricing, though buyers are finding more negotiation leverage compared to previous years. The market is driven by strong demand for established suburban housing near major employment hubs.
This ZIP is ideal for family buyers seeking established neighborhoods with high-quality schools, as well as professionals commuting to the nearby university and downtown employment centers.
Median prices moved down 0.3% year over year.
Homes spend a median of 49 days on market with 2.4 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 5.5% — a stable, low-distress profile.
Built from 497 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 5.4%/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 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 43221, 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.
The area generally experiences lower crime rates compared to the broader Columbus urban core, with property crime being the primary concern. Local safety trends remain stable, consistent with established suburban residential patterns.
Schools serving this ZIP are highly regarded, with many institutions within the Upper Arlington and Columbus school districts maintaining strong academic performance ratings.
The area faces standard Midwestern climate risks, primarily related to severe thunderstorms and occasional high winds. Flood risk is generally low, though localized drainage management is a standard municipal priority.
Economic momentum is driven by proximity to the Ohio State University campus and the expanding Columbus innovation corridor. Infrastructure investment remains focused on maintaining established residential connectivity and utility modernization.
Property taxes are assessed by Franklin County based on market value, with rates determined by local school district levies and municipal millage. Exemptions are available for owner-occupied primary residences through the state homestead program.
Residents benefit from excellent access to the State Route 315 and I-670 corridors, providing efficient transit to downtown Columbus and the Ohio State University employment hubs.
The area features extensive access to the Scioto River greenways, numerous community parks, and proximity to the premier shopping and dining districts of Upper Arlington and Grandview Heights.
The rental market is characterized by high demand and low vacancy rates, driven by the area's proximity to major universities and medical centers. Investor activity is steady, with a mix of long-term rentals and limited short-term housing options.
The economy is anchored by the Ohio State University, major healthcare systems, and a growing professional services sector. The area benefits from a diverse employment base that provides stability against broader market fluctuations.
The area is well-served by major highway corridors including SR-315 and I-670, facilitating efficient regional travel. Public transit options are available via COTA bus routes connecting to the downtown core.
Development is primarily focused on infill residential projects and the revitalization of existing commercial corridors to meet modern density requirements.
The Franklin County Auditor manages property assessments, conducting triennial updates to ensure valuations reflect current market conditions.
Parcels are subject to standard municipal and school district levies, with no significant MUD or PID special assessment districts reported.
Property insurance premiums are stable, reflecting the area's moderate risk profile regarding natural disasters and climate-related events.
Data retrieved from data.census.gov 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.
- Columbus Zoo and Aquarium4.710.4 mi
- Zoombezi Bay4.410.3 mi
- Scene75 Entertainment Center I Columbus4.35.4 mi
- Dave & Buster's Hilliard4.13.1 mi
- K1 Speed Columbus-Hilliard3.72.8 mi
- Ohio Stadium4.72.6 mi
- Nationwide Arena4.74.3 mi
- Greater Columbus Convention Center4.54.4 mi
- Ohio Expo Center & State Fairgrounds4.44.2 mi
- Franklin Park Conservatory and Botanical Gardens4.86.8 mi
- Columbus Zoo and Aquarium4.710.4 mi
- Easton Town Center4.58.6 mi
- Center of Science and Industry (COSI)4.44.7 mi
- Franklin Park Conservatory and Botanical Gardens4.86.8 mi
- Zoombezi Bay4.410.3 mi
- Center of Science and Industry (COSI)4.44.7 mi
- Otherworld4.613.7 mi
- Columbus Museum of Art4.75.3 mi
- Ohio Theatre4.85 mi
- Ohio Statehouse4.65 mi
- Columbus Zoo and Aquarium4.710.4 mi
- Franklin Park Conservatory and Botanical Gardens4.86.8 mi
- Lou Berliner Sports Park4.56.2 mi
- Highbanks Metro Park4.810.2 mi
- Goodale Park4.74 mi
- Topgolf Columbus4.311.2 mi
- Westerville Golf Center - Driving Range4.69.7 mi
- Champions Golf Course4.17.2 mi
- Golf Club of Dublin4.27.7 mi
- Scioto Country Club4.60.7 mi
- Easton Town Center4.58.6 mi
- Polaris Fashion Place4.510.4 mi
- North Market Downtown4.74.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic and prestigious private golf club serving the local community.
A popular community park offering recreational facilities and green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.