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:

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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, 1 bath
    Home size: 1,240 sq ft
    Lot size: 5,227 sqft
    Listing provided by Prodigy Properties (513) 841-7000
  2. 2 beds, 3 baths
    Home size: 1,529 sq ft
    Listing provided by Carleton Realty, LLC (614) 891-0000
  3. 3 beds, 2 baths
    Home size: 1,440 sq ft
    Lot size: 9,147 sqft
    Listing provided by HER, Realtors (614) 864-7400
  4. 2 beds, 3 baths
    Home size: 1,529 sq ft
    Listing provided by Carleton Realty, LLC (614) 891-0000
  5. 3 beds, 1 bath
    Home size: 1,266 sq ft
    Lot size: 4,791 sqft
    Listing provided by Prodigy Properties (513) 841-7000
  6. 4 beds, 2 baths
    Home size: 2,030 sq ft
    Lot size: 4,791 sqft
    Listing provided by Cornerstone Premier Realty LLC (614) 626-7727
  7. 3 beds, 2 baths
    Home size: 1,368 sq ft
    Lot size: 7,405 sqft
    Listing provided by Saxton Real Estate (614) 875-2327
  8. 4 beds, 3 baths
    Home size: 1,814 sq ft
    Lot size: 9,583 sqft
    Listing provided by Homes that Click Advantage, LLC (614) 268-7653
  9. 2 beds, 1 bath
    Home size: 768 sq ft
    Listing provided by Keller Williams Greater Columbus Realty, LLC (740) 587-3887
  10. 3 beds, 2 baths
    Home size: 1,372 sq ft
    Lot size: 7,405 sqft
    Listing provided by RE/MAX Town Center (614) 428-7444
  11. 3 beds, 1 bath
    Home size: 930 sq ft
    Lot size: 6,969 sqft
    Listing provided by Coldwell Banker King Thompson (740) 366-3318
  12. 2 beds, 1 bath
    Home size: 1,100 sq ft
    Lot size: 5,662 sqft
    Listing provided by Saxton Real Estate (614) 875-2327
  13. 3 beds, 3 baths
    Home size: 1,644 sq ft
    Lot size: 6,098 sqft
    Listing provided by Saxton Real Estate (614) 875-2327
  14. 3 beds, 3 baths
    Home size: 1,874 sq ft
    Lot size: 7,405 sqft
    Listing provided by Vision Realty, Inc. (614) 267-2223
  15. 4 beds, 0 bath
    Home size: 1,592 sq ft
    Lot size: 4,791 sqft
    Listing provided by Reese Realty Group (614) 271-2233
  16. 1 bed, 1 bath
    Home size: 874 sq ft
    Lot size: 10,890 sqft
    Listing provided by Keller Williams Greater Columbus Realty, LLC (614) 944-5900
  17. 2 beds, 0 bath
    Home size: 1,647 sq ft
    Lot size: 5,662 sqft
    Listing provided by RE/MAX City Center, Realtors (614) 291-7555
  18. 3 beds, 3 baths
    Home size: 2,276 sq ft
    Lot size: 2,178 sqft
    Listing provided by Beacon Property Management & Realty, Inc. (614) 228-6700
  19. 1 bed, 1 bath
    Home size: 759 sq ft
    Listing provided by Coldwell Banker King Thompson (614) 239-0808
  20. 4 beds, 1 bath
    Home size: 1,198 sq ft
    Lot size: 3,920 sqft
    Listing provided by B.O.S.S. Realty Group (888) 351-2677
  21. 2 beds, 2 baths
    Home size: 1,075 sq ft
    Listing provided by Highland Realty, LLC (614) 242-4000
  22. 3 beds, 2 baths
    Home size: 1,356 sq ft
    Listing provided by RE/MAX Top Producers (614) 745-8170
  23. 4 beds, 3 baths
    Home size: 1,859 sq ft
    Lot size: 10,018 sqft
    Listing provided by ERA Home Network (614) 890-6161
  24. 2 beds, 2 baths
    Home size: 1,063 sq ft
    Listing provided by Mainstream Realty Pros (614) 554-2445
  25. 3 beds, 2 baths
    Home size: 1,334 sq ft
    Lot size: 8,712 sqft
    Listing provided by Keller Williams Consultants Realty (614) 932-2000

See all Real estate matching your search.
(all data current as of 10/17/2017)

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

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