Westgate, Columbus, OH—43204
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westgate, Columbus, OH
As of Oct '25, the median home price in Westgate, Columbus, OH is $197,000, with a year-over-year change of 1.5%. This indicates that home prices in Westgate, Columbus, OH are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | 1.5% |
| Single Family | $201,000 | 1.0% |
| Condos | $173,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $171,000 | 7.5% |
2 Bed | $161,000 | 0.0% |
3 Bed | $211,000 | 1.4% |
4 Bed | $245,000 | 0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Westgate, Columbus, OH
As of July '25, Rentcast reports the average rent in Westgate, Columbus, OH is $1,220, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Westgate, Columbus, OH is studios: $1,200, 1-bedrooms: $928, 2-bedrooms: $1,080, 3-bedrooms: $1,460, 4-bedrooms: $1,990. The most common rental property sizes in Westgate, Columbus, OH are 2-bedroom and 3-bedroom, accounting for 40.3% and 35.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,220 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $805 | $928 |
| 2 Bed Rent | $999 | $1,080 |
| 3 Bed Rent | $1,400 | $1,460 |
| 4 Bed Rent | $1,800 | $1,990 |
% of Rental Stock
Property Listings — Westgate, Columbus, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Westgate, Columbus, OH is 45. This is a increase of 66.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $205,000 | -7.0% |
Listing Count | 169 | 6.0% |
| Listings as % of Homes | 0.5% | 6.0% |
Days on Market | 45 | 66.0% |
Demographics — Westgate, Columbus, OH
As of the latest ACS Survey released in 2023, Westgate, Columbus, OH has a population of 43,400, which has increased by 2.3% over the past 5 years. Westgate, Columbus, OH is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 25.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,400 | 2.3% |
% Under 18 | 24.3% | 11.5% |
% Seniors | 11.1% | -9.0% |
% WFH | 13.4% | 272.2% |
% w/ College Degree | 25.2% | 20.0% |
As of the latest ACS Survey released in 2023, Westgate, Columbus, OH is a predominantly white area, with 61.4% of the population identifying as white. The white population has shrunk by 14.6% in the last 5 years. The second most common race or ethnicity in Westgate, Columbus, OH is hispanic, making up 15.9% of the population. Foreign-born residents account for 12.8% of the population in Westgate, Columbus, OH, and this percentage has increased by 80.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.4% | -14.6% |
% Black | 13.5% | 5.5% |
% Hispanic | 15.9% | 78.7% |
% Asian | 2.7% | -12.9% |
% Foreign Born | 12.8% | 80.3% |
Mortgage and Risk — Westgate, Columbus, OH
According to HUD data as of 2023, there were 468 mortgage originations in Westgate, Columbus, OH, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Westgate, Columbus, OH. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 468 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Westgate, Columbus, OH
As of 2024, the percent of homes in Westgate, Columbus, OH under the Section 8 program is 10.4%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Westgate, Columbus, OH, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 911 |
Total Units Section 8 | 910 |
% Rentals under Section 8 | 10.4% |
% Occupied Section 8 | 84.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $255 | $805 | $1,060 |
| 2 Bedroom | $281 | $999 | $1,280 |
| 3 Bedroom | $140 | $1,400 | $1,540 |
| 4 Bedroom | -$80 | $1,800 | $1,720 |
Affordability — Westgate, Columbus, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $197,000 |
| Median Household Income | $59,200 |