Columbus, NE
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Columbus Neighborhoods Since 2000




Columbus, NE Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Columbus Housing Market Information

With 22,797 people, 9,008 houses or apartments, and a median cost of homes of $122,137, house prices in Columbus are solidly below the national average.

Single-family detached homes are the single most common housing type in Columbus, accounting for 74.43% of the city's housing units. Other types of housing that are prevalent in Columbus include large apartment complexes or high rise apartments ( 14.86%), duplexes, homes converted to apartments or other small apartment buildings ( 6.56%), and a few mobile homes or trailers ( 2.23%).

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 66.62% of Columbus's homes, and 52.85% 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 ( 32.98%). A lesser amount of the housing stock also hails from before 1939 ( 17.32%). There's also some housing in Columbus built between 2000 and later ( 10.51%).

Columbus Home Appreciation Rates

In the last 10 years, Columbus has experienced some of the highest home appreciation rates of any community in the nation. Columbus real estate appreciated 21.21% over the last ten years, which is an average annual home appreciation rate of 1.94%, putting Columbus in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Columbus definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Columbus's appreciation rate, at 4.32%, has been at or slightly above the national average. In the latest quarter, Columbus's appreciation rate has been 0.99%, which annualizes to a rate of 4.02%.

Relative to Nebraska, our data show that Columbus's latest annual appreciation rate is lower than 80% 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.

Average Home Values

 

Median Home Value:
$122,137

Columbus, NE HOME PRICES

Value Range
> $1,090,000 0.0
$817,001 - $1,090,000 0.0
$545,001 - $817,000 0.7
$436,001 - $545,000 1.5
$327,001 - $436,000 3.9
$218,001 - $327,000 12.8
$109,001 - $218,000 43.3
$54,001 - $109,000 29.0
$0 - $54,000 8.7

Average for NE
Low for Nation

Value Relative to Nation Value Relative to State
64.2329778506973 50.7692307692308

Number Of Homes And Apartments:
9,008

Columbus Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NE*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
42.01% 2.05% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$865 / per month

Homeownership Rate

Homeownership
Owners 66.62
Renters 33.38
Vacant 4.97

Housing Market Details

 

Age of Homes

AGE OF Columbus HOMES
2000 or Newer 10.5
1970 - 1999 39.2
1940 - 1969 33.0
1939 or Older 17.3

Types of Homes

TYPE OF Columbus HOMES
Single-Family 74.4
Townhomes 1.9
Small Apt. Buildings 6.6
Apt. Complexes 14.9
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Columbus HOMES
No Bedroom 2.51
1 Bedroom 11.39
2 Bedrooms 28.27
3 Bedrooms 35.65
4 Bedrooms 17.21
5 or more bedrooms 4.97

Popular Communities Near Columbus, NE

Zip Codes in Columbus, NE