The housing market in Columbia, LA (zip code 71418) is much lower than the US median value, with a median house value of only $96,600. The difference between the two is stark, as the US median value for houses is $338,100. Furthermore, while the US has seen an appreciation in value of 8.27% over the last year, Columbia's appreciation rate was only 1.02%. This suggests that people interested in buying a house in Columbia should be prepared to pay less than they would elsewhere and should not expect too large of a return on investment in the near future.
The median home cost in Columbia (zip 71418) is $96,600. Home appreciation the last 10 years has been 41.2%. Home Appreciation in Columbia (zip 71418) is up 10.7%.
Average Age of Homes
- The median age of Columbia (zip 71418) real estate is 36 years old
The Rental Market in Columbia (zip 71418)
- Renters make up 20.1% of the Columbia (zip 71418) population
- 1.8% of houses and apartments in Columbia (zip 71418), 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.