Columbus Area Homes under $200,000 – Do they exist? Where?

Unbelievably, 48% of all homes actively listed in the MLS, as of this afternoon, are $200,000 or less. I find this remarkable. Very nearly half of the homes for sale in Central Ohio fall into what I would call an ‘affordable’ range.

And yet, finding and purchasing a home, especially for a first time home buyer in Franklin County, whose list price has six figures and starts with the number one is like searching for the White Whale – you know it’s out there somewhere but when will it surface?

Well, it turns out that only 45% of those 1915 homes under $200,000 are in Franklin County. Of those, most reside in a part of town where similar homes sell for similar values – up and coming neighborhoods that might suffer from lack of recognition and resources.

In North Clintonville (all of 43214) for example, there is only one home listed at under $200,000 (and the only reason that home is still on the market is a tale for tomorrow’s post). Probably not surprising – 54% of the 1915 homes under $200,000 are also under $100,000. Just remember, you get what you pay for and increasingly, homes under $100,000 fail to meet expectations. In case you’re wondering, 17.5% of all active homes were $500,000 and higher – which leaves only about 35% of all active homes in that sort of sweet spot for move-up buyers of $200-500,000.

Where exactly are these Columbus area homes listed under $200,000? Here:

screen-shot-2017-02-27-at-1-48-15-pm
Columbus homes for sale at or under $200,000

Here are the newest 25 homes listed under $200,000 in Franklin County:

  1. 3 beds, 3 baths
    Home size: 1,571 sq ft
    Lot size: 7,840 sqft
    Listing provided by RE/MAX Capital Centre (614) 447-1000
  2. 3 beds, 2 baths
    Home size: 1,268 sq ft
    Lot size: 5,662 sqft
    Listing provided by Keller Williams Capital Partners (614) 888-1000
  3. 4 beds, 2 baths
    Home size: 1,794 sq ft
    Lot size: 7,840 sqft
    Listing provided by Keller Williams Consultants Realty (614) 932-2000
  4. 3 beds, 2 baths
    Home size: 1,339 sq ft
    Lot size: 5,227 sqft
    Listing provided by RE/MAX Achievers (614) 336-9400
  5. 3 beds, 1 bath
    Home size: 960 sq ft
    Lot size: 6,969 sqft
    Listing provided by iHome, Realtors (614) 451-4433
  6. 3 beds, 2 baths
    Home size: 1,394 sq ft
    Lot size: 6,098 sqft
    Listing provided by Reese Realty Group (614) 271-2233
  7. 3 beds, 3 baths
    Home size: 1,314 sq ft
    Lot size: 6,098 sqft
    Listing provided by Coldwell Banker King Thompson (614) 451-0808
  8. 3 beds, 3 baths
    Home size: 1,936 sq ft
    Lot size: 5,662 sqft
    Listing provided by HER, Realtors (614) 240-7400
  9. 3 beds, 3 baths
    Home size: 1,432 sq ft
    Lot size: 9,583 sqft
    Listing provided by HER, Realtors (614) 471-7400
  10. 3 beds, 1 bath
    Home size: 1,111 sq ft
    Lot size: 7,405 sqft
    Listing provided by HER, Realtors (614) 771-7400
  11. 3 beds, 1 bath
    Home size: 1,444 sq ft
    Lot size: 6,098 sqft
    Listing provided by Affordable Real Estate Company (614) 884-3300
  12. 3 beds, 1 bath
    Home size: 1,046 sq ft
    Lot size: 6,098 sqft
    Listing provided by Hayes Realty (614) 398-0171
  13. 2 beds, 3 baths
    Home size: 1,100 sq ft
    Listing provided by Ohio Broker Direct, LLC (614) 989-7215
  14. 3 beds, 1 bath
    Home size: 912 sq ft
    Lot size: 7,405 sqft
    Listing provided by e-Merge Real Estate (614) 678-5505
  15. 3 beds, 3 baths
    Home size: 1,131 sq ft
    Lot size: 7,405 sqft
    Listing provided by Core Ohio, Inc. (614) 429-5404
  16. 4 beds, 2 baths
    Home size: 1,530 sq ft
    Lot size: 8,276 sqft
    Listing provided by Ohio Broker Direct, LLC (614) 989-7215
  17. 3 beds, 2 baths
    Home size: 1,212 sq ft
    Lot size: 10,454 sqft
    Listing provided by e-Merge Real Estate (614) 678-5505
  18. 3 beds, 2 baths
    Home size: 1,729 sq ft
    Lot size: 7,405 sqft
    Listing provided by Keller Williams Greater Columbus Realty, LLC (614) 944-5900
  19. 3 beds, 2 baths
    Home size: 1,336 sq ft
    Lot size: 6,534 sqft
    Listing provided by Soskin Realty, LLC (614) 989-8638
  20. 3 beds, 2 baths
    Home size: 1,226 sq ft
    Lot size: 10,018 sqft
    Listing provided by The Mike Laemmle Team Realty (614) 594-0091
  21. 3 beds, 2 baths
    Home size: 1,444 sq ft
    Lot size: 10,890 sqft
    Listing provided by ERA Real Solutions Realty (614) 882-7653
  22. 3 beds, 1 bath
    Home size: 1,064 sq ft
    Lot size: 8,276 sqft
    Listing provided by Carleton Realty, LLC (614) 891-0000
  23. 2 beds, 0 bath
    Home size: 2,534 sq ft
    Lot size: 8,276 sqft
    Listing provided by Mi Casa Group Realty LLC. (614) 588-5687
  24. 2 beds, 2 baths
    Home size: 980 sq ft
    Listing provided by Keller Williams Excel Realty (614) 392-5000
  25. 3 beds, 1 bath
    Home size: 1,344 sq ft
    Lot size: 5,227 sqft
    Listing provided by ERA Real Solutions Realty (614) 871-1000

See all Real estate matching your search.
(all data current as of 6/26/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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