Housing in 38401 Columbia, TN is highly desirable and has seen a significant rise in appreciation over the last year. The median value of housing in 38401 Columbia, TN is $336,600, which is slightly lower than the US median house value of $338,100. However, housing in 38401 Columbia, TN saw an above average appreciation rate of 19.43%, which is far higher than the national 1 year House Appreciation rate of 8.27%. This indicates that housing in this area is an attractive investment for potential buyers looking for a safe and reliable place to call home.
The median home cost in Columbia (zip 38401) is $336,600. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Columbia (zip 38401) is up 26.6%.
Average Age of Homes
- The median age of Columbia (zip 38401) real estate is 35 years old
The Rental Market in Columbia (zip 38401)
- Renters make up 30.2% of the Columbia (zip 38401) population
- 2.4% of houses and apartments in Columbia (zip 38401), 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.