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. 2 beds, 3 baths
    Home size: 1,586 sq ft
    Listing provided by Edwards Realty Company (614) 245-8267
  2. 3 beds, 1 bath
    Home size: 1,443 sq ft
    Lot size: 1.18 ac
    Listing provided by Key Realty (614) 887-7450
  3. 3 beds, 2 baths
    Home size: 1,466 sq ft
    Lot size: 9,147 sqft
    Listing provided by Cutler Real Estate (614) 339-4664
  4. 3 beds, 3 baths
    Home size: 1,260 sq ft
    Lot size: 6,098 sqft
    Listing provided by Berkshire Hathaway HomeServices American Realty Center (614) 548-0500
  5. 1 bed, 1 bath
    Home size: 834 sq ft
    Lot size: 1,306 sqft
    Listing provided by Metro Village Realty (614) 507-7785
  6. 3 beds, 2 baths
    Home size: 1,250 sq ft
    Lot size: 12,632 sqft
    Listing provided by Soskin Realty, LLC (614) 989-8638
  7. 3 beds, 2 baths
    Home size: 1,553 sq ft
    Lot size: 7,405 sqft
    Listing provided by Keller Williams Excel Realty (614) 392-5000
  8. 3 beds, 1 bath
    Home size: 1,284 sq ft
    Lot size: 4,791 sqft
    Listing provided by Signature Real Estate (614) 486-0101
  9. 4 beds, 2 baths
    Home size: 1,405 sq ft
    Lot size: 6,098 sqft
    Listing provided by Coldwell Banker King Thompson (614) 939-0808
  10. 2 beds, 2 baths
    Home size: 1,466 sq ft
    Lot size: 2,178 sqft
    Listing provided by HER, Realtors (614) 891-7400
  11. 2 beds, 2 baths
    Home size: 896 sq ft
    Lot size: 435 sqft
    Listing provided by Coldwell Banker King Thompson (614) 889-0808
  12. 3 beds, 1 bath
    Home size: 1,004 sq ft
    Lot size: 10,454 sqft
    Listing provided by Key Realty (614) 887-7450
  13. 2 beds, 2 baths
    Home size: 896 sq ft
    Lot size: 435 sqft
    Listing provided by e-Merge Real Estate (614) 678-5505
  14. 3 beds, 2 baths
    Home size: 1,440 sq ft
    Lot size: 9,147 sqft
    Listing provided by Carleton Realty, LLC (614) 891-0000
  15. 3 beds, 3 baths
    Home size: 1,520 sq ft
    Lot size: 2,178 sqft
    Listing provided by Coldwell Banker King Thompson (614) 228-0808
  16. 3 beds, 3 baths
    Home size: 1,318 sq ft
    Lot size: 8,712 sqft
    Listing provided by Key Realty (614) 887-7450
  17. 4 beds, 2 baths
    Home size: 1,665 sq ft
    Lot size: 7,405 sqft
    Listing provided by Chris Roach Real Estate (614) 539-1234
  18. 2 beds, 4 baths
    Home size: 1,200 sq ft
    Lot size: 435 sqft
    Listing provided by Coldwell Banker King Thompson (614) 889-0808
  19. 4 beds, 3 baths
    Home size: 1,969 sq ft
    Lot size: 8,276 sqft
    Listing provided by RE/MAX City Center, Realtors (614) 291-7555
  20. 3 beds, 3 baths
    Home size: 1,638 sq ft
    Lot size: 1,742 sqft
    Listing provided by Keller Williams Capital Partners (614) 888-1000
  21. 2 beds, 3 baths
    Home size: 1,226 sq ft
    Lot size: 871 sqft
    Listing provided by RE/MAX Elite Services (614) 820-4545
  22. 3 beds, 1 bath
    Home size: 1,216 sq ft
    Lot size: 7,840 sqft
    Listing provided by CRT, Realtors (614) 528-1144
  23. 3 beds, 2 baths
    Home size: 1,334 sq ft
    Lot size: 14,810 sqft
    Listing provided by RE/MAX Connection, Realtors (614) 478-2121
  24. 2 beds, 4 baths
    Home size: 1,440 sq ft
    Lot size: 871 sqft
    Listing provided by Plowman Properties LLC. (614) 499-7776
  25. 1 bed, 2 baths
    Home size: 1,050 sq ft
    Lot size: 435 sqft
    Listing provided by Collective House Realty (614) 470-5560

See all Real estate matching your search.
(all data current as of 12/17/2017)

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

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