Lotvox market story

ZIP 43140

Madison County, OH

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$306,980
12-month change
+2.3%
Months of supply
2.2

This week since 2026-10-08: Months of supply 2.2 (was 2.3) · Payment share of income 24.7% (was 24.4%)

1 of 5

Who's going to sell in 43140 this year?

Lotvox Turnover Index

Ranking every home in 43140 by how likely it is to sell

Lotvox Turnover Index
Not yet live
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index isn't offered for 43140 yet.

Where

43140 in Madison County, OH

43029 · $357,98943064 · $542,80343140 · $306,98043143 · $296,98543151 · $179,02843153 · $303,88843162 · $269,138 43140
$179K$543K typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

43140 is one of 7 ZIP codes that lie mostly in Madison County, OH — 96% of its own area is in the county.

Shaded by typical home value, it ranks 3 of the 7 with a value.

Value rank in county
3 of 7

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 43140

10 school locations in 43140: 4 elementary, 3 middle, 3 high.

In alphabetical order: Buckeye Community School - London, London Elementary School, London High School, London MIddle School, and more on the ZIP page. Locations only — no ratings are shown here.

School locations
10

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 43140

$0$100K$200K$300K$400K200020052010201520202025Peak August 2026 · $306,980Latest · $306,980
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In January 2000 the typical home in 43140 was worth $117,924.

Values peaked at $306,980 in August 2026. The latest reading is the peak.

As of August 2026: $306,980, +2.3% over twelve months.

Typical home value
$306,980
12-month change
+2.3%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$306,980
Loan at 20% down
$245,584
30-year fixed rate
7.40%
Monthly principal + interest
$1,700
Median household income, per month
$6,883
Share of income
24.7%
0%30%60%
At today's rate, by home value, 2000–2026: 9.5% → 24.7%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $306,980. Put 20% down and borrow $245,584 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,700 a month in principal and interest.

The median household here earns $82,598 a year, $6,883 a month. So the payment takes 24.7% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 9.5% in 2000.

Payment share of income
24.7%
Monthly P&I
$1,700

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$500$1K$2K$2K2000200520102015202020252.68% rate · $7386.67% rate · $1,579
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $706.

In December 2020, with rates at 2.68%, it was $738.

By August 2026, at 6.67%, it was $1,579 — +114% since December 2020, while the home's value moved +35%.

Payment change since 2020
+114%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$100K$200K$300K$400K200020052010201520202025
Home value (as reported)Prices in general (CPI-U), scaled to January 2000Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +160% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $232,735. So the real change is +32%, not +160%.

Real change since 2000
+32%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

43140 against its neighbors

50100150200250300200020052010201520202025
43140 (2000 = 100)Madison County (2000 = 100)Ohio (2000 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

43140: +160% since January 2000.

Madison County: +156% since January 2000.

Ohio: +133% since January 2000 — 43140 ran ahead of it by 27 points.

Change since 2000
+160%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$2,007
principal + interest $1,700 · taxes & insurance est. $307
Rent: typical rent (ZORI)
$1,383
Price-to-rent ratio
18.5
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $2,007 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,383 a month.

Price divided by a year's rent: 18.5. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
18.5

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo2.2 mo2.2 months of supplyNet +3 / month · inventory growing
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 25 a month (Redfin, 3-month rolling data through August 2026). That is 77% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 49.

Going out — closed sales: about 22 a month. That is 73% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 2.2 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 3 more homes came on than sold each month, so inventory is growing. The basin is filling.

Months of supply
2.2

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

01020304020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 22 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 26 — so sales ran at 85% of it, and below it in 15 of the last 24 months.

Sales vs 2015–19 level
85%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

02004006002022222202326520245192025420
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Madison County, builders pulled permits for 420 new homes in 2025.

Of those, 96% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
420

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

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Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
1,057
Moved out (top-10 destination counties)
863
Net households
+194
Top origins
Franklin, OH744
Union, OH83
Clark, OH65
Top destinations
Franklin, OH446
Union, OH125
Clark, OH107
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Madison County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 1,057 moved in. Among the ten receiving the most, 863 moved out.

Net across those counties: +194 households. Beside it, homes for sale in this ZIP: 49 in June 2026.

Most arrivals came from Franklin, OH (744 households); most departures went to Franklin, OH (446).

Net households (top-10 flows)
+194

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

County records

On the county rolls

Properties on the assessor roll
147
Average assessor market value
$349,100
Typical home value (ZHVI)
$306,980
Assessor vs market
+13.7%
Source: County records · Zillow (ZHVI) · LotvoxSource: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)

County assessor records list 147 properties with a market value here. Their average assessed market value is $349,100; the typical home value is $306,980.

The assessor average sits +13.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

Properties on the roll
147

Source: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)

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What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 43140 with 43153The same story, side by side. An agent?See where the index is livethe farm territory and this page's sponsor spot.

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Link: https://lotvox.com/story/columbus/zip/43140