Under $500K Investment Properties for Sale in Columbus, OH
145- 2 Bed
- 1 Bath
- 696 sft
380- 3 Bed
- 1 Bath
- 1364 sft
715- 4 Bed
- 3 Bath
- 1978 sft
192- 3 Bed
- 2 Bath
- 1248 sft
Why Invest in Columbus, Ohio?
Columbus offers strong fundamentals for sub-$500k investment properties, with median prices around $325,000–$338,000 and modest 2–4% annual appreciation. The market is experiencing a rebalancing with 19.5% inventory growth and improving affordability, creating opportunities for cash flow investors. Named one of NAR's top 10 home buying hot spots for 2026, Columbus benefits from expanding job markets, millennial-heavy demographics (37.5% of households), and improving price-to-income alignment. Winter and early spring pricing shows nearly 8% discounts compared to summer peaks, making sub-$500k properties attractive for both buy-and-hold and fix-and-flip strategies.
Frequently Asked Questions
Columbus was named one of NAR's top 10 home buying hot spots due to strong economic fundamentals, expanding job markets, improving price-to-income alignment, and a millennial-heavy population (37.5% of households) supporting sustained demand. At projected 6% mortgage rates, an estimated 41,000 additional households could qualify for median-priced homes.
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