The housing situation in Columbus, IN is quite strong. The median value of a house in Columbus, IN is $230,100, which is significantly lower than the US median value of $338,100. Despite this difference, the 1 year appreciation rate for houses in Columbus is 8.69%, which is higher than the US rate of 8.27%. This suggests that the housing market in Columbus is particularly robust and appeals to buyers looking for good value and potential for appreciation.
The median home cost in Columbus is $230,100. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Columbus is up 15.8%.
Average Age of Homes
- The median age of Columbus real estate is 38 years old
The Rental Market in Columbus
- Renters make up 35.4% of the Columbus population
- 2.7% 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.