Published November 1, 2026 in Market Update

Downtown is taking longer, even with prices up

By Joseph Speakman
Real estate, Columbus Urban Living

Nationally, Realtor.com reported that 20.8% of listings took a price cut in September 2026. That is the highest share since October 2022. It is the backdrop for what the Real Estate Data Aggregator counted here.

Not every part of Columbus Urban Living is the same story. The numbers split pretty cleanly by ZIP code.

The downtown ZIP is the slow one

In ZIP 43215, the Real Estate Data Aggregator counted a median of 75 days on market in the three months ending August 31, 2026. That is 21 days longer than the same period in 2025.

Only 17.5% of homes there went under contract within two weeks of listing. A year ago that share was 8.7 points higher.

Supply is the reason. The Real Estate Data Aggregator put months of supply in 43215 at 8.1 months. Buyers have options and they know it.

Median days on market, ZIP 43215, three months ending August 31, 2026
Source: Real Estate Data Aggregator, the three months ending August 31, 2026
ZIP 43215 at a glance, three months ending August 31, 2026
Median sale price
Up 14.1% from 2025
Months of supply
Up 0.7 months from 2025
Under contract in 2 weeks
Down 8.7 points from 2025
Sale to list price
Down 0.2 points from 2025
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Prices are still up in 43215. The median sale price rose 14.1% year over year to $385,000. But homes sold fell 8.3% and pending sales dropped 6.6%. Higher price, fewer takers.

Victorian Village and Harrison West are a different market

ZIP 43212 covers Victorian Village and Harrison West. The Real Estate Data Aggregator counted a median of 37 days on market there. That is the fastest of any ZIP in this area.

More than half of homes there went under contract within two weeks. The Real Estate Data Aggregator put that share at 55.3%.

Months of supply sat at 2.5. The median sale price was $577,500, up 19.9% from a year before.

Percent of 43212 homes under contract within two weeks
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

How the ZIPs compare

Median days on market by ZIP, three months ending August 31, 2026
43215 (Downtown/Arena)75 days43205 (Near East Side)57 days43206 (German Village area)55 days43201 (Short North/Italian Village)50 days43212 (Victorian Village/Harrison West)37 days
Real Estate Data Aggregator counts for each ZIP, three months ending August 31, 2026. Lower is faster.
Source: Real Estate Data Aggregator, the three months ending August 31, 2026
ZIP by ZIP, three months ending August 31, 2026
43201432154320643212
Median sale price$463,000$385,000$317,900$577,500
Median days on market50755537
Months of supply3.38.15.02.5
Under contract in 2 weeks46.6%17.5%35.5%55.3%
Sale to list98.3%97.5%99.5%99.3%
Real Estate Data Aggregator, three months ending August 31, 2026. Best column wins that row.

Short North and Italian Village held steady

ZIP 43201 covers Short North and Italian Village. The Real Estate Data Aggregator counted 91 homes sold there, up 19.7% from a year before. Median sale price reached $463,000, up 12.9%.

Nearly half of homes went under contract within two weeks. That share was 46.6%, up 11.2 points year over year. Pending sales fell 11%, so watch that number going forward.

German Village area and Near East Side

In ZIP 43206, the Real Estate Data Aggregator counted 120 homes sold. That is the most of any ZIP here, though it is down 12.4% from 2025. The median sale price dipped 2.9% to $317,900.

ZIP 43205 saw a steeper price drop. The median fell 14.4% to $301,250. Days on market shortened by 12 days to 57, which is a real improvement. But pending sales dropped 22.6% year over year. That is worth watching.

The wider picture

Across all five ZIPs together, the Real Estate Data Aggregator counted 396 homes sold in the three months ending August 31, 2026. That is down 2.5% from the same period in 2025.

Pending sales across the area fell 11.3% year over year. New listings dropped 4.7%. Fewer sellers, fewer buyers under contract.

Columbus Urban Living combined, three months ending August 31, 2026
Homes sold
Down 2.5% from 2025
Homes for sale
Up 2.2% from 2025
Pending sales
Down 11.3% from 2025
New listings
Down 4.7% from 2025
Source: Real Estate Data Aggregator, the three months ending August 31, 2026

Nationally, Realtor.com also reported that mortgage rates topped 7% in September 2026, the first time since January 2025. That is slowing buyers across the country, not just here.

In short
  1. The downtown ZIP (43215) is the one to watch.
  2. Prices are up but homes are sitting 75 days at the median, supply is at 8.1 months, and only 17.5% go under contract in two weeks.
  3. Victorian Village and Harrison West (43212) are the opposite: 37 days, 2.5 months of supply, and more than half under contract in two weeks.
  4. One city, very different streets.

These are area-wide counts. One block can read differently from the ZIP around it. If you want to know what your specific address looks like against what actually sold near you, that is a different conversation.

Your next step

(614) 607-3691

Text me what you want in a home, and I will send you the homes for sale in Columbus Urban Living that fit.

Text me
Where these numbers came from
Joseph Speakman
eMerge Real Estate · (614) 607-3691
Privacy policyTerms of useDo not sell or share my informationAccessibility statementFair housing notice
Joseph Speakman is a licensed real estate agent with eMerge Real Estate. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Joseph Speakman · eMerge Real EstateEQUAL HOUSING OPPORTUNITY