ZIP Code 43240 — Columbus, OH Home Prices (2026)

The typical home in ZIP 43240 (Columbus, Ohio) is worth about $326,000 at roughly $228 per square foot — 39% more expensive than the Columbus median and 11% more expensive than the typical U.S. home.

$326,000

Typical home value

$228

Price per sq ft

#7 of 21

Columbus ZIPs by value

+39%

vs Columbus median

How 43240 compares

ZIP 43240 is one of the pricier ZIP codes in Columbus: its typical home value of $326,000 ranks #7 of the 21 Columbus ZIP codes we track (the citywide range runs from $139,000 in 43211 to $431,000 in 43212). Per square foot it costs about $228, against $190 for Columbus as a whole, $159 for Ohio, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 43240	$326,000	$228
Columbus, OH	$234,000	$190
Ohio	$230,000	$159
United States	$294,000	$195

Home value by size in 43240

Using this ZIP’s rate of about $228 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$228,000
1,500 sq ft	$342,000
2,000 sq ft	$456,000
2,500 sq ft	$570,000
3,000 sq ft	$684,000

Salary needed to buy a home in ZIP 43240

To buy the typical $326,000 home in ZIP 43240 with 20% down, you need a household income of roughly $89,000 a year (about $2,070 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $105,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$16,300	$2,570/mo	$110,000/yr
10% (+PMI)	$32,600	$2,460/mo	$105,000/yr
20%	$65,200	$2,070/mo	$89,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 43240

At about $228 per square foot, here is roughly how much home different budgets get you in ZIP 43240:

Budget	Approx. size	What that looks like locally
$150k	660 sq ft	below the local median — condos, smaller or older homes
$200k	880 sq ft	below the local median — condos, smaller or older homes
$250k	1100 sq ft	below the local median — condos, smaller or older homes
$300k	1320 sq ft	around the typical home here
$400k	1750 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 43240 home.

Estimate a specific home in 43240

The estimator below is pre-set to ZIP 43240 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Columbus ZIP codes by home value

Where 43240 sits among Columbus’s 21 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	43212	$431,000	$311
2	43214	$412,000	$287
3	43201	$371,000	$284
4	43235	$347,000	$206
5	43215	$332,000	$332
6	43202	$326,000	$269
7	43240 (this page)	$326,000	$228
8	43206	$277,000	$216
9	43229	$277,000	$178
10	43205	$276,000	$213
11	43203	$234,000	$190
12	43228	$226,000	$196
13	43232	$221,000	$169
14	43207	$207,000	$180
15	43224	$203,000	$177
16	43204	$202,000	$159
17	43227	$198,000	$175
18	43219	$194,000	$172
19	43223	$169,000	$153
20	43222	$166,000	$175
21	43211	$139,000	$157

ZIP 43240 home prices: frequently asked

What is the average home price in ZIP code 43240? +

The typical home in ZIP 43240 (Columbus, OH) is worth about $326,000 as of 2026. That is 39% more expensive than the Columbus median of $234,000 and 11% more expensive than the U.S. median of $294,000.

What is the price per square foot in 43240? +

About $228 per square foot in 43240, versus $190 across Columbus and $159 across Ohio. At that rate a 1,500 sq ft home runs roughly $342,000 and a 2,500 sq ft home about $570,000.

What salary do you need to buy a house in ZIP 43240? +

For the typical $326,000 home in ZIP 43240, a household income of about $89,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $105,000; with 5% down about $110,000.

Is 43240 an expensive ZIP code? +

Within Columbus, 43240 ranks #7 of 21 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Columbus. Nationally it is about average.

See the full Columbus home values page, all Ohio cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.