Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 24,195 people, 9,536 houses or apartments, and a median cost of homes of $294,575, Columbus real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Columbus, accounting for 73.94% of the city's housing units. Other types of housing that are prevalent in Columbus include large apartment complexes or high rise apartments ( 12.91%), duplexes, homes converted to apartments or other small apartment buildings ( 5.87%), and a few row houses and other attached homes ( 4.08%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Columbus. Owner-occupied housing accounts for 69.20% of Columbus's homes, and 55.37% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Columbus built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Columbus built between 1940-1969 ( 35.19%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.44%). There's also some housing in Columbus built before 1939 ( 11.64%).
Real estate appreciation rates in Columbus's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.35% during the period.
NeighborhoodScout's data show that during the latest twelve months, Columbus's appreciation rate, at 6.35%, has been at or slightly above the national average. In the latest quarter, Columbus's appreciation rate has been 5.45%, which annualizes to a rate of 23.64%.
Importantly, this makes Columbus one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Nebraska, our data show that Columbus's latest annual appreciation rate is higher than 60% of the other cities and towns in Nebraska.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Columbus differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Columbus - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Columbus real estate investment or home purchase decisions.
$294,575
for Nebraska
for nation
9,536
$1,503 / per month