The housing market in Columbia, NJ (07832) is currently performing well with the median value of a house being $384,500. This is approximately 13.7% higher than the US median house value of $338,100 showing that the market in this area has had success over the last year. The US 1 year House Appreciation rate was 8.27%, however Columbia, NJ saw an even bigger rise with its rate being 10.13%. This proves that Columbia, NJ is a great location to invest in real estate as it has seen a consistent appreciation of its homes over the past year.
The median home cost in Columbia (zip 07832) is $384,500. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Columbia (zip 07832) is up 14.2%.
Average Age of Homes
- The median age of Columbia (zip 07832) real estate is 42 years old
The Rental Market in Columbia (zip 07832)
- Renters make up 12.8% of the Columbia (zip 07832) population
- 0.0% of houses and apartments in Columbia (zip 07832), 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.