Old North, Columbus, OH—43202
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Old North, Columbus, OH
As of Oct '25, the median home price in Old North, Columbus, OH is $322,000, with a year-over-year change of -3.9%. This indicates that home prices in Old North, Columbus, OH are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $322,000 | -3.9% |
| Single Family | $345,000 | -4.4% |
| Condos | $135,000 | 3.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $268,000 | 2.3% |
3 Bed | $349,000 | -3.1% |
4 Bed | $387,000 | -0.5% |
| 5 Bed | $408,000 | 2.0% |
% of Housing Stock
Rental Trends — Old North, Columbus, OH
As of July '25, Rentcast reports the average rent in Old North, Columbus, OH is $1,530, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Old North, Columbus, OH is studios: $945, 1-bedrooms: $1,030, 2-bedrooms: $1,360, 3-bedrooms: $1,750, 4-bedrooms: $2,280. The most common rental property sizes in Old North, Columbus, OH are 2-bedroom and 1-bedroom, accounting for 40.3% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,530 |
| Studio Rent | $895 | $945 |
| 1 Bed Rent | $915 | $1,030 |
| 2 Bed Rent | $1,200 | $1,360 |
| 3 Bed Rent | $1,700 | $1,750 |
| 4 Bed Rent | $2,350 | $2,280 |
% of Rental Stock
Property Listings — Old North, Columbus, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Old North, Columbus, OH is 45. This is a increase of 21.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 56.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $397,000 | 5.0% |
Listing Count | 39 | 19.0% |
| Listings as % of Homes | 0.2% | 19.0% |
Days on Market | 45 | 21.0% |
Demographics — Old North, Columbus, OH
As of the latest ACS Survey released in 2023, Old North, Columbus, OH has a population of 20,100, which has decreased by -5.1% over the past 5 years. Old North, Columbus, OH is a less popular place for families, as children make up 10.7% of the population. The area has a highly educated workforce, with 62.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,100 | -5.1% |
% Under 18 | 10.7% | -2.7% |
% Seniors | 7.1% | 29.1% |
% WFH | 20.5% | 355.6% |
% w/ College Degree | 62.2% | -5.2% |
As of the latest ACS Survey released in 2023, Old North, Columbus, OH is a predominantly white area, with 74.8% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Old North, Columbus, OH is asian, making up 11.0% of the population. Foreign-born residents account for 14.5% of the population in Old North, Columbus, OH, and this percentage has decreased by 14.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.8% | 0.0% |
% Black | 4.9% | -14.0% |
% Hispanic | 4.3% | 65.4% |
% Asian | 11.0% | -7.6% |
% Foreign Born | 14.5% | -14.2% |
Mortgage and Risk — Old North, Columbus, OH
According to HUD data as of 2023, there were 289 mortgage originations in Old North, Columbus, OH, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Old North, Columbus, OH. Investor activity is low, as 9.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 289 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Old North, Columbus, OH
As of 2024, the percent of homes in Old North, Columbus, OH under the Section 8 program is 0.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Old North, Columbus, OH, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 73 |
Total Units Section 8 | 73 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $225 | $915 | $1,140 |
| 2 Bedroom | $180 | $1,200 | $1,380 |
| 3 Bedroom | -$40 | $1,700 | $1,660 |
| 4 Bedroom | -$500 | $2,350 | $1,850 |
Affordability — Old North, Columbus, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $322,000 |
| Median Household Income | $65,700 |