The housing market in Columbus, MS is vibrant and growing. The median value of houses in the area is $142,500, which is significantly less than the US median value of $338,100. However, over the past year the appreciation rate for house values in Columbus has been much higher than the national average; reaching 12.50%, compared to 8.27%. This suggests that now is a great time to invest in a property in this city and take advantage of the strong market growth.
The median home cost in Columbus is $142,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Columbus is up 14.5%.
Average Age of Homes
- The median age of Columbus real estate is 44 years old
The Rental Market in Columbus
- Renters make up 43.5% of the Columbus population
- 3.6% of houses and apartments in Columbus, 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.