Columbia, MO—65202
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Columbia, MO
As of Oct '25, the median home price in Columbia, MO is $269,000, with a year-over-year change of 4.5%. This indicates that home prices in Columbia, MO are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | 4.5% |
| Single Family | $274,000 | 4.6% |
| Condos | $170,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $130,000 | 0.0% |
2 Bed | $169,000 | 4.3% |
3 Bed | $258,000 | 4.9% |
4 Bed | $320,000 | 3.9% |
| 5 Bed | $374,000 | 3.0% |
% of Housing Stock
Rental Trends — Columbia, MO
As of July '25, Rentcast reports the average rent in Columbia, MO is $1,330, with a year-over-year rent change of 11.8%. Per bedroom, the median rent as of July '25 in Columbia, MO is 1-bedrooms: $763, 2-bedrooms: $991, 3-bedrooms: $1,520, 4-bedrooms: $1,540. The most common rental property sizes in Columbia, MO are 2-bedroom and 3-bedroom, accounting for 35.5% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $795 | $763 |
| 2 Bed Rent | $925 | $991 |
| 3 Bed Rent | $1,400 | $1,520 |
| 4 Bed Rent | $1,500 | $1,540 |
% of Rental Stock
Property Listings — Columbia, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Columbia, MO is 43. This is a decrease of -7.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 5.0% |
Listing Count | 137 | -29.0% |
| Listings as % of Homes | 0.2% | -29.0% |
Days on Market | 43 | -7.0% |
Demographics — Columbia, MO
As of the latest ACS Survey released in 2023, Columbia, MO has a population of 47,500, which has decreased by -2.1% over the past 5 years. Columbia, MO is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 40.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,500 | -2.1% |
% Under 18 | 24.3% | 0.4% |
% Seniors | 14.1% | 38.2% |
% WFH | 8.3% | 196.4% |
% w/ College Degree | 40.2% | 12.9% |
As of the latest ACS Survey released in 2023, Columbia, MO is a predominantly white area, with 68.3% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Columbia, MO is black, making up 16.6% of the population. Foreign-born residents account for 6.3% of the population in Columbia, MO, and this percentage has increased by 12.5% 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 | 68.3% | -8.0% |
% Black | 16.6% | 18.6% |
% Hispanic | 5.5% | 48.6% |
% Asian | 3.1% | -8.8% |
% Foreign Born | 6.3% | 12.5% |
Mortgage and Risk — Columbia, MO
According to HUD data as of 2023, there were 821 mortgage originations in Columbia, MO, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Columbia, MO. Investor activity is low, as 8.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 821 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Columbia, MO
As of 2024, the percent of homes in Columbia, MO under the Section 8 program is 10.8%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Columbia, MO, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 753 |
Total Units Section 8 | 735 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $65 | $795 | $860 |
| 2 Bedroom | $75 | $925 | $1,000 |
| 3 Bedroom | -$50 | $1,400 | $1,350 |
| 4 Bedroom | $90 | $1,500 | $1,590 |
Affordability — Columbia, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $269,000 |
| Median Household Income | $69,700 |