Columbia, TN has seen strong appreciation in housing values over the past year. The median value of a house in Columbia is $345,600, which exceeds the US median of $338,100 by a difference of nearly 7%. Additionally, while the US has experienced an 8.27% increase in housing values over the past year, Columbia has seen its home values appreciate by 19.43%. This higher rate of appreciation makes Columbia an attractive option for those looking to invest in real estate or purchase a new home.
The median home cost in Columbia is $345,600. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Columbia is up 26.6%.
Average Age of Homes
- The median age of Columbia real estate is 42 years old
The Rental Market in Columbia
- Renters make up 37.6% of the Columbia population
- 3.5% of houses and apartments in Columbia, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.