The housing in Columbus, KY is quite affordable compared to the US average. The median value of a house in Columbus is $60,500, where the US median value is $338,100. Although the appreciation rate of a house in Columbus is lower than the appreciation rate of a house in the US, it still appreciates at an impressive 13.54%, higher than the US's 8.27%. This makes Columbus an excellent choice for homebuyers looking for a cheaper option that still rewards with appreciated equity over time.
The median home cost in Columbus is $60,500. Home appreciation the last 10 years has been 55.6%. Home Appreciation in Columbus is up 15.7%.
Average Age of Homes
- The median age of Columbus real estate is 27 years old
The Rental Market in Columbus
- Renters make up 8.5% 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.