Arena District, Columbus, OH—43215
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Arena District, Columbus, OH
As of Oct '25, the median home price in Arena District, Columbus, OH is $344,000, with a year-over-year change of -1.3%. This indicates that home prices in Arena District, Columbus, OH are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | -1.3% |
| Single Family | $432,000 | -5.5% |
| Condos | $316,000 | 0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $254,000 | 1.2% |
2 Bed | $426,000 | 0.9% |
3 Bed | $644,000 | 0.8% |
4 Bed | $716,000 | -1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Arena District, Columbus, OH
As of July '25, Rentcast reports the average rent in Arena District, Columbus, OH is $2,080, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Arena District, Columbus, OH is studios: $1,160, 1-bedrooms: $1,510, 2-bedrooms: $2,880, 3-bedrooms: $3,540, 4-bedrooms: $3,510. The most common rental property sizes in Arena District, Columbus, OH are 1-bedroom and 2-bedroom, accounting for 53.8% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,580 | $2,080 |
| Studio Rent | $1,130 | $1,160 |
| 1 Bed Rent | $1,350 | $1,510 |
| 2 Bed Rent | $2,250 | $2,880 |
| 3 Bed Rent | $2,300 | $3,540 |
| 4 Bed Rent | $2,600 | $3,510 |
% of Rental Stock
Property Listings — Arena District, Columbus, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Arena District, Columbus, OH is 86. This is a increase of 56.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $411,000 | -4.0% |
Listing Count | 155 | 30.0% |
| Listings as % of Homes | 0.5% | 30.0% |
Days on Market | 86 | 56.0% |
Demographics — Arena District, Columbus, OH
As of the latest ACS Survey released in 2023, Arena District, Columbus, OH has a population of 17,000, which has increased by 17.7% over the past 5 years. Arena District, Columbus, OH is a less popular place for families, as children make up 1.9% of the population. The area has a highly educated workforce, with 71.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,000 | 17.7% |
% Under 18 | 1.9% | 11.8% |
% Seniors | 9.5% | -5.0% |
% WFH | 22.6% | 318.5% |
% w/ College Degree | 71.5% | -0.7% |
As of the latest ACS Survey released in 2023, Arena District, Columbus, OH is a predominantly white area, with 74.9% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Arena District, Columbus, OH is black, making up 9.6% of the population. Foreign-born residents account for 7.1% of the population in Arena District, Columbus, OH, and this percentage has decreased by 11.3% 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 | 74.9% | -1.6% |
% Black | 9.6% | -25.0% |
% Hispanic | 5.8% | 87.1% |
% Asian | 5.4% | 10.2% |
% Foreign Born | 7.1% | -11.3% |
Mortgage and Risk — Arena District, Columbus, OH
According to HUD data as of 2023, there were 207 mortgage originations in Arena District, Columbus, OH, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Arena District, Columbus, OH. Investor activity is low, as 6.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 207 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Arena District, Columbus, OH
As of 2024, the percent of homes in Arena District, Columbus, OH under the Section 8 program is 11.2%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Arena District, Columbus, OH, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 986 |
Total Units Section 8 | 987 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,350 | $1,790 |
| 2 Bedroom | -$80 | $2,250 | $2,170 |
| 3 Bedroom | $310 | $2,300 | $2,610 |
| 4 Bedroom | $310 | $2,600 | $2,910 |
Affordability — Arena District, Columbus, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $344,000 |
| Median Household Income | $74,500 |