The housing market in Columbus, NE is strong and growing. The median value of a house in the city is $234,600, which is significantly lower than the national median value of $338,100. However, the one-year house appreciation rate in Columbus is 10.45%, much higher than the 8.27% national average for the same period. This indicates that there is strong demand for housing in the area and that home prices are likely to continue to rise over time. Investing in property in Columbus may be a wise choice for those looking to capitalize on current market trends.
The median home cost in Columbus is $234,600. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Columbus is up 15.2%.
Average Age of Homes
- The median age of Columbus real estate is 48 years old
The Rental Market in Columbus
- Renters make up 30.9% of the Columbus population
- 0.9% 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.