Columbia, KY—42728
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Columbia, KY
Columbia, KY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $164,000 | 4.3% |
| Single Family | $164,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $138,000 | 6.2% |
3 Bed | $203,000 | 7.4% |
4 Bed | $275,000 | 7.4% |
| 5 Bed | $342,000 | 7.2% |
% of Housing Stock
Rental Trends — Columbia, KY
As of July '25, Rentcast reports the average rent in Columbia, KY is $1,250, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Columbia, KY is 3-bedrooms: $1,250. The most common rental property sizes in Columbia, KY are 2-bedroom and 3-bedroom, accounting for 34.0% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,250 | $1,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Columbia, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Columbia, KY is 58. This is a increase of 13.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $261,000 | 17.0% |
Listing Count | 55 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 58 | 13.0% |
Demographics — Columbia, KY
As of the latest ACS Survey released in 2023, Columbia, KY has a population of 16,100, which has decreased by -5.4% over the past 5 years. Columbia, KY is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 20.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,100 | -5.4% |
% Under 18 | 18.6% | -8.8% |
% Seniors | 19.7% | 15.9% |
% WFH | 10.6% | 96.3% |
% w/ College Degree | 20.0% | 19.0% |
As of the latest ACS Survey released in 2023, Columbia, KY is a predominantly white area, with 90.1% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Columbia, KY is hispanic, making up 3.5% of the population. Foreign-born residents account for 3.8% of the population in Columbia, KY, and this percentage has increased by 171.4% 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 | 90.1% | -3.7% |
% Black | 2.1% | -43.2% |
% Hispanic | 3.5% | 133.3% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 3.8% | 171.4% |
Mortgage and Risk — Columbia, KY
According to HUD data as of 2023, there were 132 mortgage originations in Columbia, KY, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Columbia, KY. 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 | 132 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Columbia, KY
Columbia, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 204 |
Total Units Section 8 | 171 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | -$40 | $1,250 | $1,210 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Columbia, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $164,000 |
| Median Household Income | $49,100 |