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: 1,296 sq ft
    Listing provided by Keller Williams Premier Realty
  2. 3 beds, 3 baths
    Home size: 1,700 sq ft
    Lot size: 5,662 sqft
    Listing provided by Coldwell Banker King Thompson
  3. 2 beds, 1 bath
    Home size: 960 sq ft
    Lot size: 4,356 sqft
    Listing provided by Coldwell Banker King Thompson
  4. 3 beds, 1 bath
    Home size: 925 sq ft
    Lot size: 8,276 sqft
    Listing provided by Coldwell Banker King Thompson
  5. 2 beds, 3 baths
    Home size: 1,495 sq ft
    Listing provided by Cutler Real Estate
  6. 3 beds, 2 baths
    Home size: 1,320 sq ft
    Lot size: 6,098 sqft
    Listing provided by Coldwell Banker King Thompson
  7. 3 beds, 1 bath
    Home size: 918 sq ft
    Lot size: 7,405 sqft
    Listing provided by Coldwell Banker King Thompson
  8. 3 beds, 2 baths
    Home size: 1,031 sq ft
    Lot size: 871 sqft
    Listing provided by HER, Realtors
  9. 2 beds, 2 baths
    Home size: 839 sq ft
    Lot size: 435 sqft
    Listing provided by Realty World Real Estate Stars, LLC
  10. 3 beds, 2 baths
    Home size: 1,224 sq ft
    Lot size: 10,018 sqft
    Listing provided by NextHome Experience
  11. 4 beds, 3 baths
    Home size: 2,102 sq ft
    Lot size: 9,147 sqft
    Listing provided by HER, Realtors
  12. 2 beds, 1 bath
    Home size: 576 sq ft
    Lot size: 3,920 sqft
    Listing provided by HER, Realtors
  13. 2 beds, 3 baths
    Home size: 1,900 sq ft
    Lot size: 871 sqft
    Listing provided by Keller Williams Consultants Realty
  14. 0 beds, 0 bath
    Home size: 1,311 sq ft
    Lot size: 3,049 sqft
    Listing provided by Coldwell Banker King Thompson
  15. 3 beds, 1 bath
    Home size: 800 sq ft
    Lot size: 6,098 sqft
    Listing provided by RE/MAX City Center, Realtors
  16. 4 beds, 4 baths
    Home size: 2,096 sq ft
    Lot size: 8,712 sqft
    Listing provided by Keller Williams Greater Columbus Realty, LLC
  17. 3 beds, 2 baths
    Home size: 1,233 sq ft
    Lot size: 9,147 sqft
    Listing provided by e-Merge Real Estate
  18. 3 beds, 1 bath
    Home size: 936 sq ft
    Lot size: 7,840 sqft
    Listing provided by e-Merge Real Estate
  19. 2 beds, 1 bath
    Home size: 720 sq ft
    Lot size: 5,227 sqft
    Listing provided by Coldwell Banker King Thompson
  20. 4 beds, 2 baths
    Home size: 1,792 sq ft
    Lot size: 6,098 sqft
    Listing provided by Street Sotheby's International Realty
  21. 2 beds, 2 baths
    Home size: 1,850 sq ft
    Listing provided by RE/MAX Premier Choice
  22. 3 beds, 1 bath
    Home size: 2,004 sq ft
    Lot size: 4,791 sqft
    Listing provided by Keller Williams Excel Realty
  23. 2 beds, 2 baths
    Home size: 896 sq ft
    Lot size: 435 sqft
    Listing provided by e-Merge Real Estate Unlimited
  24. 3 beds, 1 bath
    Home size: 1,806 sq ft
    Lot size: 3,484 sqft
    Listing provided by Crescent Realty
  25. 2 beds, 1 bath
    Home size: 1,223 sq ft
    Lot size: 5,227 sqft
    Listing provided by RE/MAX City Center, Realtors

See all Real estate matching your search.
(all data current as of 2/22/2018)

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

Trackbacks

Leave a Reply

Your email address will not be published. Required fields are marked *