Columbia City, IN—46725
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Columbia City, IN
As of Oct '25, the median home price in Columbia City, IN is $274,000, with a year-over-year change of 4.2%. This indicates that home prices in Columbia City, IN are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $274,000 | 4.2% |
| Single Family | $276,000 | 4.2% |
| Condos | $225,000 | 6.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $155,000 | 4.7% |
2 Bed | $204,000 | 5.7% |
3 Bed | $280,000 | 4.5% |
4 Bed | $350,000 | 4.8% |
| 5 Bed | $451,000 | 4.9% |
% of Housing Stock
Rental Trends — Columbia City, IN
As of July '25, Rentcast reports the average rent in Columbia City, IN is $892, with a year-over-year rent change of -26.9%. Per bedroom, the median rent as of July '25 in Columbia City, IN is 1-bedrooms: $795, 2-bedrooms: $931. The most common rental property sizes in Columbia City, IN are 2-bedroom and 1-bedroom, accounting for 45.7% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $892 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $795 |
| 2 Bed Rent | $1,010 | $931 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Columbia City, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Columbia City, IN is 34. This is a decrease of -6.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $293,000 | -3.0% |
Listing Count | 75 | -16.0% |
| Listings as % of Homes | 0.3% | -16.0% |
Days on Market | 34 | -6.0% |
Demographics — Columbia City, IN
As of the latest ACS Survey released in 2023, Columbia City, IN has a population of 22,900, which has decreased by -1.8% over the past 5 years. Columbia City, IN is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,900 | -1.8% |
% Under 18 | 21.7% | -5.7% |
% Seniors | 19.6% | 6.5% |
% WFH | 5.8% | 87.1% |
% w/ College Degree | 24.7% | 11.8% |
As of the latest ACS Survey released in 2023, Columbia City, IN is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Columbia City, IN is hispanic, making up 3.2% of the population. Foreign-born residents account for 1.0% of the population in Columbia City, IN, and this percentage has increased by 66.7% 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 | 92.2% | -4.0% |
% Black | 0.2% | -60.0% |
% Hispanic | 3.2% | 190.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.0% | 66.7% |
Mortgage and Risk — Columbia City, IN
According to HUD data as of 2023, there were 560 mortgage originations in Columbia City, IN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Columbia City, IN. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 560 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Columbia City, IN
Columbia City, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 86 |
Total Units Section 8 | 66 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $750 | $950 |
| 2 Bedroom | $140 | $1,010 | $1,150 |
| 3 Bedroom | N/A | N/A | $1,450 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Columbia City, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $274,000 |
| Median Household Income | $76,200 |