43016 — Franklin County, Ohio Market Snapshot
Housing market data for zip code 43016 in Franklin County, Ohio. Updated monthly with median prices, days on market, and more.
Market Sales Data
138 sales in 2026 (year to date)
Median Sale Price
$447,500
Days to Sell
41
Homes Sold
138
Inventory
104
Sale-to-List
99.4%
New Listings
175
Price/SqFt
$210
Pending Sales
167
Conforming Loan Available
Most homebuyers in 43016 can comfortably use conventional financing. The median home price of $447,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
43016's market is balanced with homes taking an average of 41 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 43016 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 43016 can comfortably use conventional financing. The median home price of $447,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 43016 are set at the county level.
2026 Loan Limits — Franklin County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $591,100 |
| 2 Units | $1,066,250 | $756,700 |
| 3 Units | $1,288,800 | $914,700 |
| 4 Units | $1,601,750 | $1,136,750 |
Affordability Snapshot — Zip 43016
To purchase the median home at $447,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,579.
Monthly Payment
$3,579
Income Required
$153,369
Principal & Interest
$2,757/mo
Down Payment (5%)
$22,375
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 43016.
Estimated Monthly Payment
$2,919
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