Columbus, MS—39705
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 $219,000, with a year-over-year change of 5.0%. This indicates that home prices in Columbus, MS are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 5.0% |
| Single Family | $219,000 | 4.3% |
| 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 $1,410, with a year-over-year rent change of -21.2%. Per bedroom, the median rent as of July '25 in Columbus, MS is 2-bedrooms: $600, 3-bedrooms: $1,990, 4-bedrooms: $1,600. The most common rental property sizes in Columbus, MS are 3-bedroom and 2-bedroom, accounting for 43.5% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,410 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $500 | $600 |
| 3 Bed Rent | $1,950 | $1,990 |
| 4 Bed Rent | $1,200 | $1,600 |
% 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 90. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $296,000 | -7.0% |
Listing Count | 51 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 90 | -17.0% |
Demographics — Columbus, MS
As of the latest ACS Survey released in 2023, Columbus, MS has a population of 12,200, which has decreased by -7.9% over the past 5 years. Columbus, MS is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,200 | -7.9% |
% Under 18 | 20.2% | -17.6% |
% Seniors | 15.5% | 5.4% |
% WFH | 7.7% | 57.1% |
% w/ College Degree | 42.0% | 18.6% |
As of the latest ACS Survey released in 2023, Columbus, MS is a predominantly white area, with 61.0% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Columbus, MS is black, making up 26.5% of the population. Foreign-born residents account for 6.2% of the population in Columbus, MS, and this percentage has increased by 17.0% 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 | 61.0% | 0.5% |
% Black | 26.5% | -12.3% |
% Hispanic | 4.0% | 25.0% |
% Asian | 3.5% | 16.7% |
% Foreign Born | 6.2% | 17.0% |
Mortgage and Risk — Columbus, MS
According to HUD data as of 2023, there were 188 mortgage originations in Columbus, MS, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Columbus, MS. Investor activity is low, as 3.0% 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 | 188 |
% Conventional Loans | 46.0% |
% Government Loans | 54.0% |
% Investor Loans | 3.0% |
% 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 | 47 |
Total Units Section 8 | 47 |
% 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 | N/A | N/A | $970 |
| 2 Bedroom | $640 | $500 | $1,140 |
| 3 Bedroom | -$390 | $1,950 | $1,560 |
| 4 Bedroom | $450 | $1,200 | $1,650 |
Affordability — Columbus, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $219,000 |
| Median Household Income | $69,300 |