Columbia, CT—06237
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Columbia, CT
As of Oct '25, the median home price in Columbia, CT is $415,000, with a year-over-year change of 5.2%. This indicates that home prices in Columbia, CT 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 | $415,000 | 5.2% |
| Single Family | $417,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $347,000 | 5.2% |
3 Bed | $408,000 | 4.9% |
4 Bed | $490,000 | 6.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Columbia, CT
As of July '25, Rentcast reports the average rent in Columbia, CT is $2,850, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Columbia, CT is 3-bedrooms: $2,850. The most common rental property sizes in Columbia, CT are 3-bedroom and 4-bedroom, accounting for 71.5% and 15.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $2,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,850 | $2,850 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Columbia, CT
As of Oct '25, Realtor.com reports that the median days on market for a home in Columbia, CT is 31. This is a increase of 2.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $442,000 | -29.0% |
Listing Count | 19 | 4.0% |
| Listings as % of Homes | 0.3% | 4.0% |
Days on Market | 31 | 2.0% |
Demographics — Columbia, CT
As of the latest ACS Survey released in 2023, Columbia, CT has a population of 5,270, which has decreased by -3.3% over the past 5 years. Columbia, CT is a less popular place for families, as children make up 12.2% of the population. The area has a moderately educated workforce, with 33.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,270 | -3.3% |
% Under 18 | 12.2% | -36.1% |
% Seniors | 24.5% | 24.4% |
% WFH | 17.6% | 144.4% |
% w/ College Degree | 33.5% | -26.7% |
As of the latest ACS Survey released in 2023, Columbia, CT is a predominantly white area, with 85.9% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Columbia, CT is hispanic, making up 5.5% of the population. Foreign-born residents account for 3.0% of the population in Columbia, CT, and this percentage has decreased by 6.2% 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 | 85.9% | -5.2% |
% Black | 2.2% | 2,100.0% |
% Hispanic | 5.5% | -33.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.0% | -6.2% |
Mortgage and Risk — Columbia, CT
According to HUD data as of 2023, there were 100 mortgage originations in Columbia, CT, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Columbia, CT. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 100 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Columbia, CT
Columbia, CT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | -$1,490 | $2,850 | $1,360 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Columbia, CT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $415,000 |
| Median Household Income | $122,000 |