Columbus, GA—31903
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Columbus, GA
As of Oct '25, the median home price in Columbus, GA is $69,000, with a year-over-year change of -4.2%. This indicates that home prices in Columbus, GA are decreasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $69,000 | -4.2% |
| Single Family | $69,000 | -2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $48,000 | -4.0% |
3 Bed | $79,000 | -1.2% |
4 Bed | $111,000 | 0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Columbus, GA
As of July '25, Rentcast reports the average rent in Columbus, GA is $975, with a year-over-year rent change of 16.1%. Per bedroom, the median rent as of July '25 in Columbus, GA is 1-bedrooms: $621, 2-bedrooms: $842, 3-bedrooms: $1,050, 4-bedrooms: $1,360. The most common rental property sizes in Columbus, GA are 2-bedroom and 3-bedroom, accounting for 46.7% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $975 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $585 | $621 |
| 2 Bed Rent | $850 | $842 |
| 3 Bed Rent | $1,000 | $1,050 |
| 4 Bed Rent | $1,220 | $1,360 |
% of Rental Stock
Property Listings — Columbus, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Columbus, GA is 66. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $96,000 | -10.0% |
Listing Count | 64 | -16.0% |
| Listings as % of Homes | 0.4% | -16.0% |
Days on Market | 66 | 19.0% |
Demographics — Columbus, GA
As of the latest ACS Survey released in 2023, Columbus, GA has a population of 19,500, which has increased by 1.4% over the past 5 years. Columbus, GA is a popular place for families, as children make up 30.4% of the population. The area has a poorly educated workforce, with 8.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,500 | 1.4% |
% Under 18 | 30.4% | 5.6% |
% Seniors | 12.8% | 17.4% |
% WFH | 2.9% | 480.0% |
% w/ College Degree | 8.2% | -8.9% |
As of the latest ACS Survey released in 2023, Columbus, GA is a predominantly black area, with 77.1% of the population identifying as black. The black population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in Columbus, GA is hispanic, making up 10.6% of the population. Foreign-born residents account for 6.4% of the population in Columbus, GA, and this percentage has decreased by 14.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 8.7% | -2.2% |
% Black | 77.1% | 3.2% |
% Hispanic | 10.6% | -20.9% |
% Asian | 1.4% | 7.7% |
% Foreign Born | 6.4% | -14.7% |
Mortgage and Risk — Columbus, GA
According to HUD data as of 2023, there were 101 mortgage originations in Columbus, GA, of which 48.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Columbus, GA. Investor activity is high, as 24.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 101 |
% Conventional Loans | 48.0% |
% Government Loans | 52.0% |
% Investor Loans | 24.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Columbus, GA
As of 2024, the percent of homes in Columbus, GA under the Section 8 program is 23.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Columbus, GA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,501 |
Total Units Section 8 | 1,253 |
% Rentals under Section 8 | 23.4% |
% Occupied Section 8 | 74.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $215 | $585 | $800 |
| 2 Bedroom | $80 | $850 | $930 |
| 3 Bedroom | $240 | $1,000 | $1,240 |
| 4 Bedroom | $350 | $1,220 | $1,570 |
Affordability — Columbus, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $69,000 |
| Median Household Income | $29,500 |