The housing market in 21045 Columbia, MD is very robust. The median value of a home in the area is currently $437,100, which is higher than the national median value of $338,100. Further evidence of the strength of this housing market can be seen in the fact that house values have appreciated by 8.62% over the past year, slightly higher than the national average of 8.27%. Therefore, it appears that 21045 Columbia offers a strong and reliable housing market for potential buyers or sellers.
The median home cost in Columbia (zip 21045) is $437,100. Home appreciation the last 10 years has been 49.5%. Home Appreciation in Columbia (zip 21045) is up 10.6%.
Average Age of Homes
- The median age of Columbia (zip 21045) real estate is 39 years old
The Rental Market in Columbia (zip 21045)
- Renters make up 27.7% of the Columbia (zip 21045) population
- 1.3% of houses and apartments in Columbia (zip 21045), 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.