Forest Park East, Columbus, OH—43229
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Forest Park East, Columbus, OH
As of Oct '25, the median home price in Forest Park East, Columbus, OH is $268,000, with a year-over-year change of 0.8%. This indicates that home prices in Forest Park East, Columbus, OH are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $268,000 | 0.8% |
| Single Family | $279,000 | 1.1% |
| Condos | $139,000 | -3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $145,000 | -2.0% |
3 Bed | $269,000 | 1.1% |
4 Bed | $307,000 | 0.3% |
| 5 Bed | $334,000 | 0.6% |
% of Housing Stock
Rental Trends — Forest Park East, Columbus, OH
As of July '25, Rentcast reports the average rent in Forest Park East, Columbus, OH is $1,450, with a year-over-year rent change of -5.8%. Per bedroom, the median rent as of July '25 in Forest Park East, Columbus, OH is studios: $835, 1-bedrooms: $970, 2-bedrooms: $1,170, 3-bedrooms: $1,990, 4-bedrooms: $2,460. The most common rental property sizes in Forest Park East, Columbus, OH are 2-bedroom and 1-bedroom, accounting for 51.3% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,450 |
| Studio Rent | $835 | $835 |
| 1 Bed Rent | $950 | $970 |
| 2 Bed Rent | $1,150 | $1,170 |
| 3 Bed Rent | $1,980 | $1,990 |
| 4 Bed Rent | $2,450 | $2,460 |
% of Rental Stock
Property Listings — Forest Park East, Columbus, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Forest Park East, Columbus, OH is 32. This is a increase of 54.0% 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 63.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 0.0% |
Listing Count | 92 | 18.0% |
| Listings as % of Homes | 0.2% | 18.0% |
Days on Market | 32 | 54.0% |
Demographics — Forest Park East, Columbus, OH
As of the latest ACS Survey released in 2023, Forest Park East, Columbus, OH has a population of 54,200, which has remained stable by 1.0% over the past 5 years. Forest Park East, Columbus, OH is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 23.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,200 | 1.0% |
% Under 18 | 26.4% | -2.6% |
% Seniors | 11.3% | 1.8% |
% WFH | 11.8% | 210.5% |
% w/ College Degree | 23.6% | -1.3% |
As of the latest ACS Survey released in 2023, Forest Park East, Columbus, OH is a predominantly black area, with 43.7% of the population identifying as black. The black population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Forest Park East, Columbus, OH is white, making up 32.6% of the population. Foreign-born residents account for 27.4% of the population in Forest Park East, Columbus, OH, and this percentage has increased by 20.7% 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 | 32.6% | -5.2% |
% Black | 43.7% | 3.1% |
% Hispanic | 12.2% | 13.0% |
% Asian | 5.8% | -25.6% |
% Foreign Born | 27.4% | 20.7% |
Mortgage and Risk — Forest Park East, Columbus, OH
Forest Park East, Columbus, OH lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Forest Park East, Columbus, OH
As of 2024, the percent of homes in Forest Park East, Columbus, OH under the Section 8 program is 6.7%. 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 Forest Park East, 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 | 1,099 |
Total Units Section 8 | 986 |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | 85.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $950 | $1,070 |
| 2 Bedroom | $140 | $1,150 | $1,290 |
| 3 Bedroom | -$430 | $1,980 | $1,550 |
| 4 Bedroom | -$720 | $2,450 | $1,730 |
Affordability — Forest Park East, Columbus, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $268,000 |
| Median Household Income | $53,400 |