Housing in Columbus, IL is a great option for those looking for an affordable way to purchase a home. The median value of housing in the city is $125,300, significantly lower than the US House Median Value of $338,100. This price point makes it much easier for people to purchase a home in Columbus, IL. Additionally, over the past year the appreciation rate for homes in Columbus has been 7.86%, which is slightly below the US average of 8.27%. This makes Columbus an attractive option for potential homeowners seeking an affordable place to live with good appreciation potential.
The median home cost in Columbus is $125,300. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Columbus is up 14.9%.
Average Age of Homes
- The median age of Columbus real estate is 48 years old
The Rental Market in Columbus
- Renters make up 4.3% of the Columbus population
- 0.0% 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.