Columbus, GA—31906
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 $127,000, with a year-over-year change of 0.1%. This indicates that home prices in Columbus, GA are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $127,000 | 0.1% |
| Single Family | $126,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $67,000 | -5.6% |
3 Bed | $124,000 | -0.8% |
4 Bed | $261,000 | 4.0% |
| 5 Bed | $436,000 | 4.8% |
% of Housing Stock
Rental Trends — Columbus, GA
As of July '25, Rentcast reports the average rent in Columbus, GA is $1,200, with a year-over-year rent change of 14.3%. Per bedroom, the median rent as of July '25 in Columbus, GA is 1-bedrooms: $825, 2-bedrooms: $908, 3-bedrooms: $1,360, 4-bedrooms: $1,950. The most common rental property sizes in Columbus, GA are 2-bedroom and 3-bedroom, accounting for 42.8% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $999 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $825 |
| 2 Bed Rent | $849 | $908 |
| 3 Bed Rent | $1,220 | $1,360 |
| 4 Bed Rent | $1,900 | $1,950 |
% 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 53. This is a increase of 40.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $180,000 | -26.0% |
Listing Count | 73 | 7.0% |
| Listings as % of Homes | 0.6% | 7.0% |
Days on Market | 53 | 40.0% |
Demographics — Columbus, GA
As of the latest ACS Survey released in 2023, Columbus, GA has a population of 20,300, which has decreased by -2.1% over the past 5 years. Columbus, GA is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 30.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,300 | -2.1% |
% Under 18 | 24.4% | 6.6% |
% Seniors | 16.4% | 7.9% |
% WFH | 11.2% | 250.0% |
% w/ College Degree | 30.8% | 26.2% |
As of the latest ACS Survey released in 2023, Columbus, GA is a predominantly black area, with 65.5% of the population identifying as black. The black population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Columbus, GA is white, making up 28.3% of the population. Foreign-born residents account for 2.7% of the population in Columbus, GA, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 28.3% | -0.4% |
% Black | 65.5% | 0.3% |
% Hispanic | 4.5% | 32.4% |
% Asian | 1.2% | 33.3% |
% Foreign Born | 2.7% | 12.5% |
Mortgage and Risk — Columbus, GA
According to HUD data as of 2023, there were 211 mortgage originations in Columbus, GA, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Columbus, GA. Investor activity is low, as 9.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 211 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Columbus, GA
As of 2024, the percent of homes in Columbus, GA under the Section 8 program is 12.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Columbus, GA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 764 |
Total Units Section 8 | 581 |
% Rentals under Section 8 | 12.1% |
% Occupied Section 8 | 73.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $750 | $800 |
| 2 Bedroom | $81 | $849 | $930 |
| 3 Bedroom | $20 | $1,220 | $1,240 |
| 4 Bedroom | -$330 | $1,900 | $1,570 |
Affordability — Columbus, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $127,000 |
| Median Household Income | $41,900 |