Home Values

43211 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$41,900

  • -1.6% 1-year change
  • 0.6% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Cold

Buyers' Market
Sellers' Market

The median home value in 43211 is $41,900. 43211 home values have declined -1.6% over the past year and Zillow predicts they will rise 0.6% within the next year. The median list price per square foot in 43211 is $26, which is lower than the Columbus average of $81. The median price of homes currently listed in 43211 is $25,000 while the median price of homes that sold is $26,765. The median rent price in 43211 is $650, which is lower than the Columbus median of $900.

Foreclosures will be a factor impacting home values in the next several years. In 43211 15.5 homes are foreclosed (per 10,000). This is greater than the Columbus value of 11.3 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 43211 is 11.0%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 43211 homeowners underwater on their mortgage is 45.0%, which is higher than Columbus at 26.6%.

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Relative ZHVI
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43211 Market Overview

Data through Jan 31, 2015
  • $41,900 ZHVI
  • 0.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jan 31, 2016)
  • $25,000 Median listing price
  • No recent data Median sale price
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43211 Market Health

Data through Jan 31, 2015
  • 0.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 45.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 11.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

15.5 homes 43211
11.3 homes Columbus
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
43214 $210,800
43202 $173,100
43215 $137,500
Name Median ZHVI
43201 $135,800
43224 $67,300
43205 $59,500
Name Median ZHVI
43219 $54,800
43203 $52,900
 

Listings & Sales

Data through Jan 31, 2015
  • $26 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
40.2%
Sold below listing
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43211 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $702 43211
    $1,084 Columbus
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $650 Rent list price
  • $0.60 Rent list price / sq ft
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