Franklinton, Columbus, OH—43222
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Franklinton, Columbus, OH
As of Oct '25, the median home price in Franklinton, Columbus, OH is $153,000, with a year-over-year change of 1.7%. This indicates that home prices in Franklinton, Columbus, OH are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $153,000 | 1.7% |
| Single Family | $152,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $133,000 | 0.0% |
3 Bed | $169,000 | -1.7% |
4 Bed | $175,000 | -2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Franklinton, Columbus, OH
As of July '25, Rentcast reports the average rent in Franklinton, Columbus, OH is $1,650, with a year-over-year rent change of 28.9%. Per bedroom, the median rent as of July '25 in Franklinton, Columbus, OH is studios: $1,070, 1-bedrooms: $955, 2-bedrooms: $1,220, 3-bedrooms: $1,940, 4-bedrooms: $2,270. The most common rental property sizes in Franklinton, Columbus, OH are 1-bedroom and 3-bedroom, accounting for 51.8% and 19.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,520 | $1,650 |
| Studio Rent | $1,070 | $1,070 |
| 1 Bed Rent | $915 | $955 |
| 2 Bed Rent | $1,150 | $1,220 |
| 3 Bed Rent | $2,100 | $1,940 |
| 4 Bed Rent | $2,150 | $2,270 |
% of Rental Stock
Property Listings — Franklinton, Columbus, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Franklinton, Columbus, OH is 105. 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $247,000 | -5.0% |
Listing Count | 40 | 78.0% |
| Listings as % of Homes | 0.6% | 78.0% |
Days on Market | 105 | 56.0% |
Demographics — Franklinton, Columbus, OH
As of the latest ACS Survey released in 2023, Franklinton, Columbus, OH has a population of 4,180, which has decreased by -7.7% over the past 5 years. Franklinton, Columbus, OH is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,180 | -7.7% |
% Under 18 | 26.5% | 3.1% |
% Seniors | 16.0% | 90.5% |
% WFH | 19.0% | 850.0% |
% w/ College Degree | 16.0% | 50.9% |
As of the latest ACS Survey released in 2023, Franklinton, Columbus, OH is a predominantly white area, with 42.9% of the population identifying as white. The white population has shrunk by 33.0% in the last 5 years. The second most common race or ethnicity in Franklinton, Columbus, OH is hispanic, making up 27.7% of the population. Foreign-born residents account for 7.5% of the population in Franklinton, Columbus, OH, and this percentage has increased by 78.6% 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 | 42.9% | -33.0% |
% Black | 24.2% | 31.5% |
% Hispanic | 27.7% | 207.8% |
% Asian | 1.7% | -19.0% |
% Foreign Born | 7.5% | 78.6% |
Mortgage and Risk — Franklinton, Columbus, OH
According to HUD data as of 2023, there were 43 mortgage originations in Franklinton, Columbus, OH, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Franklinton, Columbus, OH. Investor activity is low, as 9.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Franklinton, Columbus, OH
As of 2024, the percent of homes in Franklinton, Columbus, OH under the Section 8 program is 28.5%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Franklinton, 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 | 442 |
Total Units Section 8 | 442 |
% Rentals under Section 8 | 28.5% |
% Occupied Section 8 | 83.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $45 | $915 | $960 |
| 2 Bedroom | $30 | $1,150 | $1,180 |
| 3 Bedroom | -$680 | $2,100 | $1,420 |
| 4 Bedroom | -$570 | $2,150 | $1,580 |
Affordability — Franklinton, Columbus, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $153,000 |
| Median Household Income | N/A |