The housing market in Columbia, LA has a median value of $111,500 which is significantly lower than the US house median value of $338,100. In terms of appreciation, the US has seen an 8.27% increase in 1 year while Columbia, LA only experienced a 1.02% increase. This indicates that home values in Columbia, LA are not appreciating at the same rate as other areas across the country. It is a good option for those looking for an affordable place to buy or rent property but it is important to be aware of the slower appreciation rate when making housing decisions in this area.
The median home cost in Columbia is $111,500. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Columbia is up 10.7%.
Average Age of Homes
- The median age of Columbia real estate is 57 years old
The Rental Market in Columbia
- Renters make up 17.9% of the Columbia population
- 0.0% 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.