The housing market in Columbia City, IN (46725) is currently thriving, with a median home value of $231,500. This is significantly lower than the national median home value of $338,100, but the appreciation rate is higher than the national average at 9.06%. This means that homes in Columbia City are relatively inexpensive compared to other areas of the country and are likely to increase in value over time. The local housing market is also growing steadily, offering buyers and sellers a great opportunity to invest in real estate.
The median home cost in Columbia City (zip 46725) is $231,500. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Columbia City (zip 46725) is up 15.6%.
Average Age of Homes
- The median age of Columbia City (zip 46725) real estate is 42 years old
The Rental Market in Columbia City (zip 46725)
- Renters make up 17.5% of the Columbia City (zip 46725) population
- 0.2% of houses and apartments in Columbia City (zip 46725), 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.