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
With 7,194 people, 1,285 houses or apartments, and a median cost of homes of $224,325, Columbia Station real estate is some of the most expensive in Ohio, although Columbia Station home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Columbia Station, accounting for 95.37% of the town's housing units. Other types of housing that are prevalent in Columbia Station include row houses and other attached homes ( 2.04%), duplexes, homes converted to apartments or other small apartment buildings ( 1.34%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Columbia Station. Owner-occupied housing accounts for 88.80% of Columbia Station's homes, and 80.78% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Columbia Station's housing was primarily built during this period, from the '40s through the '60s. A full 39.62% of the town's housing hails from this era. Other housing ages represented in Columbia Station include homes built between 1970-1999 ( 37.91%) and housing constructed before 1939 ( 12.55%). There's also some housing in Columbia Station built between 2000 and later ( 9.92%).
Columbia Station's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Columbia Station during the period has been just -1.22%, which is lower than 70% of US communities.
Appreciation rates are so strong in Columbia Station that despite a nationwide downturn in the housing market, Columbia Station real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Columbia Station appreciation rates continue to be some of the highest in America, at 5.68%, which is higher than appreciation rates in 71.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Columbia Station. Columbia Station appreciation rates in the latest quarter were at -0.21%, which equates to an annual appreciation rate of -0.82%.
Relative to Ohio, our data show that Columbia Station's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.
|$824,001 - $1,100,000||0.5|
|$550,001 - $824,000||2.2|
|$440,001 - $550,000||2.6|
|$330,001 - $440,000||10.8|
|$220,001 - $330,000||30.2|
|$110,001 - $220,000||40.4|
|$55,001 - $110,000||9.3|
|$0 - $55,000||1.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Columbia Station HOMES|
|2000 or Newer||9.9|
|1970 - 1999||37.9|
|1940 - 1969||39.6|
|1939 or Older||12.6|
|TYPE OF Columbia Station HOMES|
|Small Apt. Buildings||1.3|
|SIZE OF Columbia Station HOMES|
|5 or more bedrooms||6.89|