Columbus, MS—39701
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Columbus, MS
As of Oct '25, the median home price in Columbus, MS is $100,000, with a year-over-year change of -2.7%. This indicates that home prices in Columbus, MS are decreasing. According to Zillow, the 1-year price projection is -2.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $100,000 | -2.7% |
| Single Family | $99,000 | -4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Columbus, MS
As of July '25, Rentcast reports the average rent in Columbus, MS is $1,510, with a year-over-year rent change of 23.8%. Per bedroom, the median rent as of July '25 in Columbus, MS is 1-bedrooms: $828, 2-bedrooms: $1,220, 3-bedrooms: $1,240, 4-bedrooms: $6,000. The most common rental property sizes in Columbus, MS are 3-bedroom and 2-bedroom, accounting for 47.3% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $450 | $828 |
| 2 Bed Rent | $900 | $1,220 |
| 3 Bed Rent | $1,200 | $1,240 |
| 4 Bed Rent | $6,000 | $6,000 |
% of Rental Stock
Property Listings — Columbus, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Columbus, MS is 96. This is a increase of 48.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | 24.0% |
Listing Count | 44 | 81.0% |
| Listings as % of Homes | 0.6% | 81.0% |
Days on Market | 96 | 48.0% |
Demographics — Columbus, MS
As of the latest ACS Survey released in 2023, Columbus, MS has a population of 12,600, which has decreased by -5.1% over the past 5 years. Columbus, MS is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,600 | -5.1% |
% Under 18 | 20.3% | 3.0% |
% Seniors | 21.2% | 30.1% |
% WFH | 2.3% | -8.0% |
% w/ College Degree | 22.8% | 18.1% |
As of the latest ACS Survey released in 2023, Columbus, MS is a predominantly black area, with 63.1% of the population identifying as black. The black population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Columbus, MS is white, making up 32.0% of the population. Foreign-born residents account for 1.9% of the population in Columbus, MS, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.0% | 7.4% |
% Black | 63.1% | -4.1% |
% Hispanic | 1.9% | -24.0% |
% Asian | 0.5% | 0.0% |
% Foreign Born | 1.9% | 0.0% |
Mortgage and Risk — Columbus, MS
According to HUD data as of 2023, there were 129 mortgage originations in Columbus, MS, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Columbus, MS. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 129 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Columbus, MS
Columbus, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 852 |
Total Units Section 8 | 473 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 70.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $450 | $800 |
| 2 Bedroom | $30 | $900 | $930 |
| 3 Bedroom | $80 | $1,200 | $1,280 |
| 4 Bedroom | -$4,650 | $6,000 | $1,350 |
Affordability — Columbus, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $100,000 |
| Median Household Income | $28,500 |