HousingHandbookReference data

U.S. ZIP Code · OH43151

Madison County · Columbus, OH

Typical home value

$184,544[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-6.0%
5-year / yr
-1.1%
10-year / yr
+6.9%

Relative price

vs U.S.
-35.0%
vs metro
-39.4%
vs state
-15.6%
ZIP 43151 location in OH
Location of ZIP 43151 in OH

Price history

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

The typical home in 43151 is worth $184,544 — 39.4% below the Columbus, OH median. Over the past year, values have fallen 6.0%. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$2,344[3]

#Climate risk

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

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

#Who lives here

Population
233[3]
Median household income
$62,292[3]

#Migration

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

Net migration
+188[5]
Moved in
1,475
Moved out
1,287

Run the numbers

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

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$933
Loan principal$147,635
Down payment$36,909
Total interest paid$188,300

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.

Own : rent ratio
Monthly cost to own$1,282
Monthly rent

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
1st percentile[1]
Rental yield
[2]
Property tax
63rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 43151?
The typical home in 43151 is worth $184,544, based on the Zillow Home Value Index.
Are home values rising in 43151?
Home values in 43151 are down 6.0% over the past year, and down 1.1% a year over five years.
What is the property tax rate in 43151?
The effective property tax rate in 43151 is 1.3% — roughly $2,344 a year on a typical home.
Who lives in 43151?
ZIP code 43151 has a population of 233 and a median household income of $62,292.

#Comparable ZIPs

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

  • Fulton, OH

    Typical home
    $184,248
    Gross yield
  • Thurston, OH

    Typical home
    $190,002
    Gross yield
  • Columbus, OH

    Typical home
    $190,282
    Gross yield
    8.1%
  • New Lexington, OH

    Typical home
    $177,962
    Gross yield
  • Columbus, OH

    Typical home
    $174,234
    Gross yield
    9.7%
  • Galion, OH

    Typical home
    $172,443
    Gross yield
    5.3%

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