Columbus, IN—47203
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 $282,000, with a year-over-year change of 2.6%. This indicates that home prices in Columbus, IN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $282,000 | 2.6% |
| Single Family | $283,000 | 2.5% |
| Condos | $267,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | 4.5% |
3 Bed | $266,000 | 3.1% |
4 Bed | $353,000 | 2.6% |
| 5 Bed | $456,000 | 2.2% |
% of Housing Stock
Rental Trends — Columbus, IN
As of July '25, Rentcast reports the average rent in Columbus, IN is $1,870, with a year-over-year rent change of 10.0%. Per bedroom, the median rent as of July '25 in Columbus, IN is studios: $819, 1-bedrooms: $1,090, 3-bedrooms: $2,090. The most common rental property sizes in Columbus, IN are 1-bedroom and 2-bedroom, accounting for 39.2% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,820 | $1,870 |
| Studio Rent | $819 | $819 |
| 1 Bed Rent | $1,080 | $1,090 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,090 | $2,090 |
| 4 Bed Rent | N/A | N/A |
% 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 44. This is a increase of 9.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | -6.0% |
Listing Count | 81 | 3.0% |
| Listings as % of Homes | 0.4% | 3.0% |
Days on Market | 44 | 9.0% |
Demographics — Columbus, IN
As of the latest ACS Survey released in 2023, Columbus, IN has a population of 25,100, which has decreased by -8.1% over the past 5 years. Columbus, IN is a popular place for families, as children make up 25.5% of the population. The area has a moderately educated workforce, with 38.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,100 | -8.1% |
% Under 18 | 25.5% | 6.2% |
% Seniors | 20.7% | 5.6% |
% WFH | 13.2% | 325.8% |
% w/ College Degree | 38.7% | 8.4% |
As of the latest ACS Survey released in 2023, Columbus, IN is a predominantly white area, with 79.3% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Columbus, IN is hispanic, making up 8.3% of the population. Foreign-born residents account for 8.0% of the population in Columbus, IN, and this percentage has decreased by 10.1% 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 | 79.3% | -6.5% |
% Black | 1.6% | 6.7% |
% Hispanic | 8.3% | 84.4% |
% Asian | 6.6% | 0.0% |
% Foreign Born | 8.0% | -10.1% |
Mortgage and Risk — Columbus, IN
According to HUD data as of 2023, there were 606 mortgage originations in Columbus, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Columbus, IN. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 606 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Columbus, IN
Columbus, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 551 |
Total Units Section 8 | 492 |
% Rentals under Section 8 | 21.4% |
% Occupied Section 8 | 82.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$90 | $1,080 | $990 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | -$700 | $2,090 | $1,390 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Columbus, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $282,000 |
| Median Household Income | $73,600 |