Columbia City, IN is a great place to invest in housing as its median value of $236,400 is lower than the US median housing value of $338,100. Additionally, the 1 year house appreciation rate is higher than the US rate at 9.06% compared to 8.27%. This could be indicative of a strong and stable housing market and makes Columbia City an attractive option for those looking for potential growth in their investment.
The median home cost in Columbia City is $236,400. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Columbia City is up 15.6%.
Average Age of Homes
- The median age of Columbia City real estate is 38 years old
The Rental Market in Columbia City
- Renters make up 33.7% of the Columbia City population
- 0.5% of houses and apartments in Columbia City, 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.