The housing market in Columbiana, AL is robust. The median value of homes in Columbiana is $247,500, compared to the US median value of homes which is $338,100. The housing market in Columbiana has appreciated more than the US average over the past year with an appreciation rate of 13.55%, compared to the US average of 8.27%. This indicates that home values in Columbiana are outperforming those of other areas and could be a great place for those looking to invest in real estate.
The median home cost in Columbiana is $247,500. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Columbiana is up 19.7%.
Average Age of Homes
- The median age of Columbiana real estate is 38 years old
The Rental Market in Columbiana
- Renters make up 36.3% of the Columbiana population
- 3.4% of houses and apartments in Columbiana, 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.