Olde Towne East, Columbus, OH—43205
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Olde Towne East, Columbus, OH
As of Oct '25, the median home price in Olde Towne East, Columbus, OH is $273,000, with a year-over-year change of 0.7%. This indicates that home prices in Olde Towne East, Columbus, OH are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $273,000 | 0.7% |
| Single Family | $271,000 | 0.4% |
| Condos | $293,000 | 5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $231,000 | 4.5% |
3 Bed | $254,000 | 3.3% |
4 Bed | $347,000 | 1.5% |
| 5 Bed | $419,000 | 2.2% |
% of Housing Stock
Rental Trends — Olde Towne East, Columbus, OH
As of July '25, Rentcast reports the average rent in Olde Towne East, Columbus, OH is $1,430, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in Olde Towne East, Columbus, OH is studios: $1,430, 1-bedrooms: $1,030, 2-bedrooms: $1,370, 3-bedrooms: $1,640, 4-bedrooms: $2,910. The most common rental property sizes in Olde Towne East, Columbus, OH are 2-bedroom and 3-bedroom, accounting for 38.2% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,430 |
| Studio Rent | $1,540 | $1,430 |
| 1 Bed Rent | $965 | $1,030 |
| 2 Bed Rent | $1,350 | $1,370 |
| 3 Bed Rent | $1,550 | $1,640 |
| 4 Bed Rent | $2,700 | $2,910 |
% of Rental Stock
Property Listings — Olde Towne East, Columbus, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Olde Towne East, Columbus, OH is 63. This is a increase of 6.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $392,000 | 4.0% |
Listing Count | 95 | -1.0% |
| Listings as % of Homes | 0.8% | -1.0% |
Days on Market | 63 | 6.0% |
Demographics — Olde Towne East, Columbus, OH
As of the latest ACS Survey released in 2023, Olde Towne East, Columbus, OH has a population of 12,400, which has decreased by -2.6% over the past 5 years. Olde Towne East, Columbus, OH is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 41.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | -2.6% |
% Under 18 | 21.1% | 5.0% |
% Seniors | 8.5% | -19.8% |
% WFH | 20.4% | 500.0% |
% w/ College Degree | 41.5% | 37.9% |
As of the latest ACS Survey released in 2023, Olde Towne East, Columbus, OH is a predominantly black area, with 47.7% of the population identifying as black. The black population has shrunk by 10.2% in the last 5 years. The second most common race or ethnicity in Olde Towne East, Columbus, OH is white, making up 42.3% of the population. Foreign-born residents account for 3.3% of the population in Olde Towne East, Columbus, OH, and this percentage has increased by 37.5% 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 | 42.3% | 27.4% |
% Black | 47.7% | -10.2% |
% Hispanic | 2.7% | -34.1% |
% Asian | 1.4% | 40.0% |
% Foreign Born | 3.3% | 37.5% |
Mortgage and Risk — Olde Towne East, Columbus, OH
According to HUD data as of 2023, there were 208 mortgage originations in Olde Towne East, Columbus, OH, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Olde Towne East, Columbus, OH. Investor activity is low, as 9.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 208 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Olde Towne East, Columbus, OH
As of 2024, the percent of homes in Olde Towne East, Columbus, OH under the Section 8 program is 37.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Olde Towne East, Columbus, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,417 |
Total Units Section 8 | 1,418 |
% Rentals under Section 8 | 37.7% |
% Occupied Section 8 | 88.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $965 | $980 |
| 2 Bedroom | -$170 | $1,350 | $1,180 |
| 3 Bedroom | -$130 | $1,550 | $1,420 |
| 4 Bedroom | -$1,120 | $2,700 | $1,580 |
Affordability — Olde Towne East, Columbus, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $273,000 |
| Median Household Income | $54,200 |