How much does a realtor make in Columbus Ohio?

How much does a realtor make in Columbus Ohio?

The average salary for a realtor is $66,909 per year in Columbus, OH. 32 salaries reported, updated at April 25, 2022.

Is it a good time to buy a house in Columbus?

Demand for homes in the Columbus area will continue to be strong due to their affordability, immigration into the city, the area’s high proportion of millennials, and the region’s excellent job growth and schools. The median list price of homes in Columbus, OH is $224,900, trending up 9.8% year-over-year.

Is the housing market slowing down in Columbus Ohio?

The price hike is the largest year-over-year leap since June and follows a record-shattering 2021 for the Columbus-area housing market. Homes sold after being listed an average of 18 days, down from 24 days a year ago.

How much money does a real estate agent make in Ohio?

According to, the average salary for an Ohio Real Estate Agents is $77,112. That wage number is 7% above the national average!

Why is rent so high in Columbus Ohio?

Lack of units, higher population leading to rising rent prices in central Ohio. The Columbus Apartment Association say the city would need to build 14-thousand units a year to keep up with the population boom.

How is the housing market in Columbus Ohio?

Sale-to-List Price Ratio: 103.43% Homes in Columbus, OH sold for 3.43% above asking price on average in April 2022. Columbus, OH is a buyer’s market in April 2022, which means that the supply of homes is greater than the demand for homes.

Is Columbus OH a good place to invest in real estate?

Columbus is rated by Forbes as being among the best metro areas to invest in housing. Housing is competitively priced with an index of 77. Costs for healthcare, transportation, and utilities are near the national average.

Why you should not use Zillow?

Because Zillow relies on government records and user-reported data, their Zestimates aren’t always as accurate as you might expect. For example, if a property has undergone recent renovations or has incorrect property tax records, Zillow could price it higher or lower than what it’s really worth.

What percentage do most realtors charge?

about 5 percent to 6 percent
Real estate commissions can be negotiated, but they typically run about 5 percent to 6 percent of a home’s sale price. The exact terms of an agent’s commission vary from sale to sale, and can depend on region and which firm they work for.