The housing market in Columbus, ND is doing well compared to the median US house value. The median value for houses in Columbus, ND is $128,100 which is significantly lower than the US median of $338,100. Despite this disparity, Columbus has seen a strong 1-year appreciation rate of 9.41%, which is slightly higher than the national average of 8.27%. This suggests that real estate investment in Columbus may be a great option for those looking to invest in property with good financial returns.
The median home cost in Columbus is $128,100. Home appreciation the last 10 years has been 51.1%. Home Appreciation in Columbus is up 10.5%.
Average Age of Homes
- The median age of Columbus real estate is 78 years old
The Rental Market in Columbus
- Renters make up 23.5% 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.