Columbus, MS—39702
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 $167,000, with a year-over-year change of 3.8%. This indicates that home prices in Columbus, MS are increasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $167,000 | 3.8% |
| Single Family | $168,000 | 3.1% |
| 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 | $187,000 | 3.9% |
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 $1,280, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Columbus, MS is 1-bedrooms: $1,400, 2-bedrooms: $1,130, 3-bedrooms: $1,330, 4-bedrooms: $1,580. The most common rental property sizes in Columbus, MS are 3-bedroom and 2-bedroom, accounting for 43.9% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,320 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,400 |
| 2 Bed Rent | $998 | $1,130 |
| 3 Bed Rent | $1,300 | $1,330 |
| 4 Bed Rent | $1,500 | $1,580 |
% 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 42. This is a increase of 5.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $194,000 | -13.0% |
Listing Count | 52 | 38.0% |
| Listings as % of Homes | 0.4% | 38.0% |
Days on Market | 42 | 5.0% |
Demographics — Columbus, MS
As of the latest ACS Survey released in 2023, Columbus, MS has a population of 23,500, which has increased by 2.5% over the past 5 years. Columbus, MS is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,500 | 2.5% |
% Under 18 | 25.6% | 0.8% |
% Seniors | 16.2% | 2.5% |
% WFH | 5.3% | 82.8% |
% w/ College Degree | 21.3% | 6.0% |
As of the latest ACS Survey released in 2023, Columbus, MS is a predominantly black area, with 52.2% of the population identifying as black. The black population has grown by 9.0% in the last 5 years. The second most common race or ethnicity in Columbus, MS is white, making up 45.2% of the population. Foreign-born residents account for 0.8% of the population in Columbus, MS, and this percentage has decreased by 20.0% 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 | 45.2% | -9.1% |
% Black | 52.2% | 9.0% |
% Hispanic | 1.6% | 14.3% |
% Asian | 0.3% | ∞% |
% Foreign Born | 0.8% | -20.0% |
Mortgage and Risk — Columbus, MS
According to HUD data as of 2023, there were 316 mortgage originations in Columbus, MS, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Columbus, MS. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 316 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
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 | 1,196 |
Total Units Section 8 | 895 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$450 | $1,250 | $800 |
| 2 Bedroom | -$58 | $998 | $940 |
| 3 Bedroom | -$10 | $1,300 | $1,290 |
| 4 Bedroom | -$140 | $1,500 | $1,360 |
Affordability — Columbus, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $167,000 |
| Median Household Income | $54,900 |