The housing market in Columbia, VA is doing quite well compared to the rest of the nation. The median value for housing in Columbia, VA is $198,900 - much lower than the US median of $338,100. Despite this difference, the 1 year house appreciation rate for Columbia, VA is 13.79%, significantly higher than the national rate of 8.27%. This strong appreciation rate shows that the housing market in Columbia, VA is vibrant and healthy which can only benefit its residents in the long run.
The median home cost in Columbia is $198,900. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Columbia is up 13.8%.
Average Age of Homes
- The median age of Columbia real estate is 37 years old
The Rental Market in Columbia
- Renters make up 20.0% 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.