The housing market in the Columbus, MS Metro Area is thriving. The median value of homes in the area is $152,500, which is significantly lower than the US House Median Value of $338,100. This makes for a great opportunity for potential buyers looking for a cost-effective home. Moreover, houses in the Columbus, MS Metro Area have seen an increase of 15.63% in value over the past year compared with the 8.27% increase seen across America as a whole. With such a strong appreciation rate, it is not surprising that many people are looking to buy homes in this area.
The median home cost in Columbus Metro Area is $152,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Columbus Metro Area is up 14.5%.
Average Age of Homes
- The median age of Columbus Metro Area real estate is 36 years old
The Rental Market in Columbus Metro Area
- Renters make up 33.2% of the Columbus Metro Area population
- 2.8% 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.