The housing market in Columbia, SC is flourishing. The median value for a home in the area is $204,100, which is significantly cheaper than the US median of $338,100. Furthermore, house appreciation rates have been higher than the national average over the past year at 17.51%, compared to 8.27% nationwide. This makes Columbia an attractive market for potential homeowners and investors alike. With its unique mix of affordability and potential appreciation, Columbia's housing market remains strong and promising.
The median home cost in Columbia is $204,100. Home appreciation the last 10 years has been 72.9%. Home Appreciation in Columbia is up 16.6%.
Average Age of Homes
- The median age of Columbia real estate is 46 years old
The Rental Market in Columbia
- Renters make up 46.3% of the Columbia population
- 3.4% 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.