How much is a home worth in ZIP code 43123?

The typical home in 43123 is worth $334,379, based on the Zillow Home Value Index.

Are home values rising in 43123?

Home values in 43123 are up 1.4% over the past year, and up 5.6% a year over five years.

What is the typical rent in 43123?

A typical home in 43123 rents for about $1,531 a month, a gross rental yield of 5.5%.

What is the property tax rate in 43123?

The effective property tax rate in 43123 is 1.4% — roughly $4,646 a year on a typical home.

ZIP code 43123 has a population of 67,626 and a median household income of $91,008.

HousingHandbookReference data

…

U.S. ZIP Code · OH43123

Franklin County · Columbus, OH

Typical home value

$334,379^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.4%
5-year / yr: +5.6%
10-year / yr: +7.4%

Relative price

vs U.S.: +17.7%
vs metro: +9.8%
vs state: +52.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 43123 is worth $334,379 — 9.8% above the Columbus, OH median. Over the past year, values have risen 1.4%. Homes here rent for a typical $1,531 a month — a 5.5% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,531^[2]
Gross yield: 5.5%^[2]
Cap rate: 3.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.4%^[3]
Typical annual tax: $4,646^[3]

#Climate risk

FEMA National Risk Index ratings for Franklin County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 67,626^[3]
Median household income: $91,008^[3]

#Migration

Household moves in and out of Franklin County over a year, from IRS tax-return data.

Net migration: -2,523^[5]
Moved in: 33,069
Moved out: 35,592

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 19
Elementary: 8
Middle: 6
High: 3

Grove City High School
High · Grades 9–12 · South-Western City
1,853 students
Central Crossing High School
High · Grades 9–12 · South-Western City
1,660 students
Buckeye Woods Elementary School
Elementary · Grades K–4 · South-Western City
741 students
Holt Crossing Intermediate School
Middle · Grades 5–6 · South-Western City
729 students
Bolton Crossing Elementary
Elementary · Grades PK–4 · South-Western City
717 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.5%

Net yield (after ~40% expenses)3.3%

Annual rent$18,366

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,691

Loan principal$267,504

Down payment$66,876

Total interest paid$341,186

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.54

Monthly cost to own$2,357

Monthly rent$1,531

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 64th percentile^[1]
Rental yield: 47th percentile^[2]
Property tax: 76th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for most populous in OHView list →

Frequently asked

How much is a home worth in ZIP code 43123?: The typical home in 43123 is worth $334,379, based on the Zillow Home Value Index.
Are home values rising in 43123?: Home values in 43123 are up 1.4% over the past year, and up 5.6% a year over five years.
What is the typical rent in 43123?: A typical home in 43123 rents for about $1,531 a month, a gross rental yield of 5.5%.
What is the property tax rate in 43123?: The effective property tax rate in 43123 is 1.4% — roughly $4,646 a year on a typical home.
Who lives in 43123?: ZIP code 43123 has a population of 67,626 and a median household income of $91,008.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

43739 vs 43123 →
Brownsville CDP, OH
Typical home
$334,233
Gross yield
—
43110 vs 43123 →
Columbus, OH
Typical home
$334,026
Gross yield
5.6%
43215
Columbus, OH
Typical home
$333,991
Gross yield
5.6%
43240
Columbus, OH
Typical home
$338,106
Gross yield
5.2%
43334
Marengo, OH
Typical home
$338,561
Gross yield
—
43102
Amanda, OH
Typical home
$328,699
Gross yield
—

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#Jump to section

U.S. ZIP Code · OH43123

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