The housing market in the Columbus, OH Metro Area is thriving. The median value of a home in the area is $278,700, which is significantly lower than the US median value of $338,100. Despite this difference, the one year appreciation rate of homes in Columbus is higher than the national average at 10.47%, making this an attractive location for potential buyers. Additionally, the city has many amenities and attractions that make it an excellent place to live.
The median home cost in Columbus Metro Area is $278,700. Home appreciation the last 10 years has been 106.5%. Home Appreciation in Columbus Metro Area is up 16.6%.
Average Age of Homes
- The median age of Columbus Metro Area real estate is 39 years old
The Rental Market in Columbus Metro Area
- Renters make up 34.2% of the Columbus Metro Area population
- 1.7% 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.