Metro area index
Home appreciation in the Columbus, OH metro area
FHFA HPI® data shows the Columbus, OH metro area's all-transactions index changed +3.3% over the year to Q2 2026, versus +4.3% for Ohio and +3.0% for the U.S. That ranks 206th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +3.3%
- 5-year change
- +46.1%
- Since Q1 1995
- +251%
- Metro rank (1 year)
- 206th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Columbus, OH vs Ohio and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Columbus, OH: 351.1
- Ohio: 301.1
- United States: 391.6
Appreciation by time window
| Window | Metro | OH | U.S. | Gap vs OH | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.3% | +4.3% | +3.0% | −1.0 pts | +0.3 pts |
| 3 years | +14.1% | +18.3% | +12.9% | −4.1 pts | +1.3 pts |
| 5 years | +46.1% | +48.1% | +41.3% | −2.0 pts | +4.8 pts |
| 10 years | +110% | +103% | +93.3% | +7.9 pts | +17.1 pts |
| Since Q1 1995 | +251% | +201% | +292% | +50.1 pts | −40.4 pts |
3-digit ZIP regions in the Columbus, OH area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 432 · Columbus, OH area | OH | +2.1% | +40.7% | +274% | 100% |
| 431 · Columbus, OH area | OH | +3.0% | +46.4% | +232% | 93% |
| 430 · Columbus, OH area | OH | +4.8% | +51.8% | +244% | 88% |
| 433 · Marion, OH area | OH | +7.9% | +54.6% | +275% | 18% |
| 437 · Zanesville, OH area | OH | +5.4% | +51.5% | +286% | 16% |
Boom, bust, and recovery in Columbus, OH area
Columbus, OH area's index peaked in Q4 2006, fell 10.2% to its low in Q2 2011, and regained its peak in Q2 2015, about 8.5 years after the top. Today it sits +124% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2006 | Q2 2011 | -10.2% | Q2 2015 (8.5 yrs) | +124% |
| OH | Q4 2005 | Q2 2012 | -12.9% | Q2 2017 (11.5 yrs) | +95.6% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Columbus, OH area's index has changed +58.6% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | OH after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -0.5% | +0.4% | -0.8% |
| 3 years | +9.8% | +3.9% | +7.7% | +2.8% |
| 5 years | +24.0% | +17.8% | +19.4% | +13.9% |
| 10 years | +39.1% | +51.3% | +45.7% | +39.0% |
| Since Q1 1995 | +121% | +58.6% | +36.0% | +76.8% |
If you bought in the Columbus, OH area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +245% | $1,035,200 |
| Q2 2000 | +180% | $839,111 |
| Q2 2005 | +127% | $680,944 |
| Q2 2010 | +142% | $724,647 |
| Q2 2015 | +122% | $666,300 |
| Q2 2020 | +65.3% | $495,867 |
| Q2 2021 | +46.1% | $438,359 |
| Q2 2023 | +14.1% | $342,353 |
| Q2 2025 | +3.3% | $310,030 |
Frequently asked questions
- How much have home prices risen in the Columbus, OH area?
- FHFA HPI® data for the Columbus, OH metro area shows changes of +3.3% over one year, +46.1% over five years, and +110% over ten years to Q2 2026, and +251% since Q1 1995.
- Is the Columbus, OH area beating the national average?
- Over the past year the metro's index moved +0.3 pts versus the U.S.; over five years the gap is +4.8 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.