Columbus, GA—31907
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 $155,000, with a year-over-year change of 1.0%. This indicates that home prices in Columbus, GA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $155,000 | 1.0% |
| Single Family | $155,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $96,000 | -4.0% |
3 Bed | $143,000 | 0.7% |
4 Bed | $212,000 | 2.4% |
| 5 Bed | $284,000 | 3.3% |
% of Housing Stock
Rental Trends — Columbus, GA
As of July '25, Rentcast reports the average rent in Columbus, GA is $1,310, with a year-over-year rent change of 6.5%. Per bedroom, the median rent as of July '25 in Columbus, GA is studios: $750, 1-bedrooms: $843, 2-bedrooms: $1,050, 3-bedrooms: $1,280, 4-bedrooms: $1,900. The most common rental property sizes in Columbus, GA are 3-bedroom and 2-bedroom, accounting for 40.3% and 33.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,310 |
| Studio Rent | $750 | $750 |
| 1 Bed Rent | $875 | $843 |
| 2 Bed Rent | $995 | $1,050 |
| 3 Bed Rent | $1,300 | $1,280 |
| 4 Bed Rent | $1,800 | $1,900 |
% 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 51. This is a increase of 8.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $177,000 | 3.0% |
Listing Count | 217 | 24.0% |
| Listings as % of Homes | 0.6% | 24.0% |
Days on Market | 51 | 8.0% |
Demographics — Columbus, GA
As of the latest ACS Survey released in 2023, Columbus, GA has a population of 61,500, which has increased by 8.6% over the past 5 years. Columbus, GA is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,500 | 8.6% |
% Under 18 | 22.7% | -3.8% |
% Seniors | 14.1% | 4.4% |
% WFH | 8.5% | 286.4% |
% w/ College Degree | 22.6% | 21.5% |
As of the latest ACS Survey released in 2023, Columbus, GA is a predominantly black area, with 64.9% of the population identifying as black. The black population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Columbus, GA is white, making up 21.8% of the population. Foreign-born residents account for 3.6% of the population in Columbus, GA, and this percentage has decreased by 5.3% 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 | 21.8% | -5.6% |
% Black | 64.9% | -5.4% |
% Hispanic | 6.2% | 40.9% |
% Asian | 1.3% | -13.3% |
% Foreign Born | 3.6% | -5.3% |
Mortgage and Risk — Columbus, GA
According to HUD data as of 2023, there were 704 mortgage originations in Columbus, GA, of which 35.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Columbus, GA. Investor activity is low, as 5.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 704 |
% Conventional Loans | 35.0% |
% Government Loans | 65.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Columbus, GA
As of 2024, the percent of homes in Columbus, GA under the Section 8 program is 9.9%. 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. 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 | 1,123 |
Total Units Section 8 | 1,002 |
% Rentals under Section 8 | 9.9% |
% Occupied Section 8 | 78.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $175 | $875 | $1,050 |
| 2 Bedroom | $245 | $995 | $1,240 |
| 3 Bedroom | $340 | $1,300 | $1,640 |
| 4 Bedroom | $190 | $1,800 | $1,990 |
Affordability — Columbus, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $155,000 |
| Median Household Income | $52,600 |