The housing in Columbia, IL (zip code 62236) is quite affordable compared to the national median value of $338,100. With a median value of $260,500, it is 22% less than the US median and has seen a higher appreciation rate of 10.25% over the past year compared to the US average of 8.27%. This makes Columbia an attractive option for potential homebuyers looking to purchase property in a relatively affordable area with good returns on investment.
The median home cost in Columbia (zip 62236) is $260,500. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Columbia (zip 62236) is up 12.4%.
Average Age of Homes
- The median age of Columbia (zip 62236) real estate is 31 years old
The Rental Market in Columbia (zip 62236)
- Renters make up 17.4% of the Columbia (zip 62236) population
- 0.4% of houses and apartments in Columbia (zip 62236), 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.