Columbus, IN—47201
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Columbus, IN
Home Price Trends — Columbus, IN
As of Oct '25, the median home price in Columbus, IN is $263,000, with a year-over-year change of 3.4%. This indicates that home prices in Columbus, IN are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $263,000 | 3.4% |
| Single Family | $265,000 | 3.5% |
| Condos | $178,000 | 5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $130,000 | 1.6% |
2 Bed | $174,000 | 3.6% |
3 Bed | $256,000 | 3.2% |
4 Bed | $396,000 | 2.3% |
| 5 Bed | $528,000 | 1.5% |
% of Housing Stock
Rental Trends — Columbus, IN
As of July '25, Rentcast reports the average rent in Columbus, IN is $1,450, with a year-over-year rent change of -9.9%. Per bedroom, the median rent as of July '25 in Columbus, IN is studios: $700, 1-bedrooms: $1,120, 2-bedrooms: $1,190, 3-bedrooms: $1,980, 4-bedrooms: $2,390. The most common rental property sizes in Columbus, IN are 2-bedroom and 1-bedroom, accounting for 44.3% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,450 |
| Studio Rent | $700 | $700 |
| 1 Bed Rent | $1,150 | $1,120 |
| 2 Bed Rent | $1,200 | $1,190 |
| 3 Bed Rent | $1,750 | $1,980 |
| 4 Bed Rent | $2,100 | $2,390 |
% of Rental Stock
Property Listings — Columbus, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Columbus, IN is 42. This is a increase of 6.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $312,000 | -15.0% |
Listing Count | 200 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 42 | 6.0% |
Demographics — Columbus, IN
As of the latest ACS Survey released in 2023, Columbus, IN has a population of 48,600, which has increased by 10.1% over the past 5 years. Columbus, IN is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 36.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,600 | 10.1% |
% Under 18 | 22.6% | -6.2% |
% Seniors | 14.6% | 7.4% |
% WFH | 12.5% | 204.9% |
% w/ College Degree | 36.3% | 6.5% |
As of the latest ACS Survey released in 2023, Columbus, IN is a predominantly white area, with 75.0% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Columbus, IN is hispanic, making up 10.4% of the population. Foreign-born residents account for 13.6% of the population in Columbus, IN, and this percentage has increased by 7.1% 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 | 75.0% | -6.1% |
% Black | 2.2% | 4.8% |
% Hispanic | 10.4% | 42.5% |
% Asian | 9.3% | 5.7% |
% Foreign Born | 13.6% | 7.1% |
Mortgage and Risk — Columbus, IN
According to HUD data as of 2023, there were 1183 mortgage originations in Columbus, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Columbus, IN. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,183 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Columbus, IN
As of 2024, the percent of homes in Columbus, IN under the Section 8 program is 9.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Columbus, IN, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 830 |
Total Units Section 8 | 632 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 69.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,150 | $1,170 |
| 2 Bedroom | $100 | $1,200 | $1,300 |
| 3 Bedroom | -$160 | $1,750 | $1,590 |
| 4 Bedroom | -$180 | $2,100 | $1,920 |
Affordability — Columbus, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $263,000 |
| Median Household Income | $82,700 |