Gahanna, OH 43230 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Gahanna, OH—43230

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$333,000

2.4% YoY Growth

Household Income

$92,300

19.2% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$1,800

11.4% YoY Growth

1-Bed Rent

$1,100

24.0% YoY Growth

2-Bed Rent

$1,300

6.2% YoY Growth

3-Bed Rent

$2,200

5.2% YoY Growth

Home Price Trends — Gahanna, OH

As of Dec '25, the median home price in Gahanna, OH is $333,000, with a year-over-year change of 2.4%. This indicates that home prices in Gahanna, OH are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$333,000	2.4%
Single Family	$358,000	3.2%
Condos	$257,000	0.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Gahanna, OH

As of July '25, Rentcast reports the average rent in Gahanna, OH is $1,950, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in Gahanna, OH is studios: $1,640, 1-bedrooms: $1,140, 2-bedrooms: $2,380, 3-bedrooms: $2,210, 4-bedrooms: $2,530. The most common rental property sizes in Gahanna, OH are 2-bedroom and 1-bedroom, accounting for 46.5% and 27.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,950
Studio Rent	$916	$1,640
1 Bed Rent	$1,100	$1,140
2 Bed Rent	$1,300	$2,380
3 Bed Rent	$2,200	$2,210
4 Bed Rent	$2,600	$2,530

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% of Rental Stock

Studio

6.1%

1 Bedroom

27.4%

2 Bedrooms

46.5%

3 Bedrooms

13.3%

4 Bedrooms

4.6%

5+ Bedrooms

2.1%

Property Listings — Gahanna, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Gahanna, OH is 33. This is a increase of 4.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$350,000	2.0%
Listing Count	87	-16.0%
Listings as % of Homes	0.3%	-16.0%
Days on Market	40	-13.0%

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Demographics — Gahanna, OH

As of the latest ACS Survey released in 2023, Gahanna, OH has a population of 59,500, which has increased by 2.3% over the past 5 years. Gahanna, OH is a moderately popular place for families, as children make up 24.4% of the population. The area has a highly educated workforce, with 50.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	59,500	2.3%
% Under 18	24.4%	4.3%
% Seniors	13.8%	7.8%
% WFH	19.1%	235.1%
% w/ College Degree	50.2%	5.7%

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As of the latest ACS Survey released in 2023, Gahanna, OH is a predominantly white area, with 64.2% of the population identifying as white. The white population has shrunk by 10.6% in the last 5 years. The second most common race or ethnicity in Gahanna, OH is black, making up 19.3% of the population. Foreign-born residents account for 9.5% of the population in Gahanna, OH, and this percentage has increased by 20.3% 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	64.2%	-10.6%
% Black	19.3%	7.8%
% Hispanic	5.0%	47.1%
% Asian	5.4%	22.7%
% Foreign Born	9.5%	20.3%

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Mortgage and Risk — Gahanna, OH

According to HUD data as of 2023, there were 587 mortgage originations in Gahanna, OH, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Gahanna, OH. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	587
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — Gahanna, OH

As of 2024, the percent of homes in Gahanna, OH under the Section 8 program is 4.2%. 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 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Gahanna, OH, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	441
Total Units Section 8	431
% Rentals under Section 8	4.2%
% Occupied Section 8	87.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$280	$1,100	$1,380
2 Bedroom	$370	$1,300	$1,670
3 Bedroom	-$190	$2,200	$2,010
4 Bedroom	-$360	$2,600	$2,240

Gahanna, OH—43230

Key Metrics at a Glance

Home Price Trends — Gahanna, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gahanna, OH

% of Rental Stock

Property Listings — Gahanna, OH

Demographics — Gahanna, OH

Race and Ethnicity

Mortgage and Risk — Gahanna, OH

Mortgages

Rentals and Section 8 — Gahanna, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Gahanna, OH

Home Price to Income Ratio

Gahanna, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Easton, Columbus, OH

Whitehall, OH

Blacklick, OH

Westerville, OH

Minerva Park, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$333,000
Median Household Income	$92,300

Gahanna, OH—43230

Key Metrics at a Glance

Home Price Trends — Gahanna, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gahanna, OH

% of Rental Stock

Property Listings — Gahanna, OH

Demographics — Gahanna, OH

Race and Ethnicity

Mortgage and Risk — Gahanna, OH

Mortgages

Rentals and Section 8 — Gahanna, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Gahanna, OH

Home Price to Income Ratio

Gahanna, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Easton, Columbus, OH

Whitehall, OH

Blacklick, OH

Westerville, OH

Minerva Park, OH

Frequently Asked Questions

What is the average home price in Gahanna, OH 43230?

How have home prices in Gahanna, OH 43230 changed over the past year?

What is the home price projection for Gahanna, OH 43230?

What are the demographics of Gahanna, OH 43230?

How long does it take homes to sell in Gahanna, OH 43230?

What is the average rent price in Gahanna, OH 43230?