The housing market in Columbia, AL is quite strong with a median value of $125,700. This is much lower than the US House Median Value of $338,100, making it an attractive option for many people. Furthermore, the house appreciation rate in Columbia is 10.93%, higher than the US 1 year House Appreciation rate of 8.27%. This means that investing in the housing market in Columbia can be very rewarding as one can expect to receive a higher return on investment compared to other locations in the United States.
The median home cost in Columbia is $125,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Columbia is up 12.8%.
Average Age of Homes
- The median age of Columbia real estate is 52 years old
The Rental Market in Columbia
- Renters make up 24.3% 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.