43220 Home Prices & Values

$215,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.7% 1-year change
  • 1.5% 1-year forecast

Market Temperature: CoolWhat's This?
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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

Buyers' Market Sellers' Market

The median home value in 43220 is $215,300. 43220 home values have gone up 6.7% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in 43220 is $138, which is lower than the Upper Arlington average of $182. The median price of homes currently listed in 43220 is $269,900 while the median price of homes that sold is $180,265.

Foreclosures will be a factor impacting home values in the next several years. In 43220 2.4 homes are foreclosed (per 10,000). This is greater than the Upper Arlington value of 0.9 and also lower than the national value of 4.3

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 43220 is 1.5%, which is lower than the national value of 7.2%. 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 43220 homeowners underwater on their mortgage is 11.9%, which is higher than Upper Arlington at 9.4%.

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Relative ZHVI
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43220 Market Overview

Data through Jun 30, 2014
  • $215,300 ZHVI
  • 1.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $269,900 Median listing price
  • $180,265 Median sale price
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43220 Market Health

Data through Jun 30, 2014
  • 5.8/10 Healthy What's This?  
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    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.

  • No data Average of days on Zillow
  • 11.9% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 1.5% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

2.4 homes 43220
0.9 homes Upper Arlington
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
43017 $310,000 43212 $262,500 43221 $236,900
43085 $219,400 43214 $215,500 43235 $201,800
43202 $178,300 43201 $132,500 43204 $77,100

Listings & Sales

Data through Jun 30, 2014
  • $138 Median list price / sq ft
  • $113 Median sale price / sq ft
  • 36.0% Listings with price cut
17.3%
Sold below listing
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43220 Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,557 43220
$1,971 Upper Arlington
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $0.88 Rent list price / sq ft
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