Columbus, OH

Population: 822,553
Average annual home appreciation rate: 10.62%
Total of homes for sale in this market: 3,980
Median home price: $141,647
Median Rent: $903 per room
Home price range: 50.38% of homes are between $108,001 – $217,000
Median sales price: $139,900
Number of homes: 3,966
Median foreclosure sales price: $52,000
Foreclosure discount: 63%
Most common home type: 46.11% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 13.31%
Number of renters: 54.27%
Number of owner occupied: 45.74%
Number people living below poverty level: 22.37%
Unemployment rate: 3.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Columbus area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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