Housing in Columbia, IL is a great investment with a median value of $267,600 that is significantly lower than the US house median of $338,100. Housing prices have appreciated by 10.25% in the past year, which is higher than the national average of 8.27%. This makes Columbia, IL an attractive market for potential buyers or investors looking to capitalize on the appreciation of housing prices.
The median home cost in Columbia is $267,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Columbia is up 12.4%.
Average Age of Homes
- The median age of Columbia real estate is 31 years old
The Rental Market in Columbia
- Renters make up 20.4% of the Columbia population
- 0.6% 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.