The housing market in Columbia, KY is doing well compared to the national average. The median value of homes in Columbia is $123,400, substantially lower than the US median housing value of $338,100. However, Columbia has seen an appreciation rate of 11.54% over the past year, far exceeding the US average of 8.27%. This indicates that demand for housing in Columbia is quite high and is likely to continue growing in the future.
The median home cost in Columbia is $123,400. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Columbia is up 19.0%.
Average Age of Homes
- The median age of Columbia real estate is 47 years old
The Rental Market in Columbia
- Renters make up 41.7% 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.