Columbus Metro Area, IN Housing

The housing market in the Columbus, IN Metro Area is performing well, with a median value of $231,400. This is significantly lower than the US House Median Value of $338,100, but the house appreciation rate for 1 year in the area is 10.75%, which is higher than the national average of 8.27%. This indicates that housing prices are increasing rapidly in this area and could be an attractive investment opportunity.

The median home cost in Columbus Metro Area is $231,400. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Columbus Metro Area is up 15.8%.

Average Age of Homes

- The median age of Columbus Metro Area real estate is 41 years old

The Rental Market in Columbus Metro Area

- Renters make up 27.7% of the Columbus Metro Area population
- 2.0% of houses and apartments in Columbus Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Columbus, Indiana	United States
	35,155.0	139,647,020.0
	44	42
	$231,400	$338,100
	15.8%	16.6%
	56.8%	57.0%
	74.5%	101.1%
	$8.12	$10.98
	$1,404	$2,690
	64.7%	57.4%
	8.1%	11.2%
	27.2%	31.4%
Vacant Housing
	2.0%	1.9%
	0.5%	0.4%
	1.2%	0.7%
	0.2%	0.4%
	1.1%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	2.0%	2.4%
	1.2%	2.8%
	4.3%	3.9%
	7.1%	4.5%
	20.4%	11.3%
	21.5%	13.0%
	20.5%	20.1%
	10.4%	13.6%
	4.2%	8.3%
	3.0%	9.7%
	0.9%	3.9%
	0.3%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.0%	13.6%
	10.0%	13.6%
	16.5%	13.6%
	8.5%	13.2%
	16.0%	14.8%
	16.5%	13.6%
	11.0%	10.0%
	4.8%	4.7%
	9.9%	12.2%

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