Columbia, MS39429

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$131,000
0.4% YoY Growth
Median Household Income
$43,000
32.6% 5-Year Growth
Days on Market
77
5.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$640
45.8% YoY Growth
1-Bed Rent
$640
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Columbia, MS

As of Oct '25, Realtor.com reports that the median days on market for a home in Columbia, MS is 77. This is a increase of 5.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$192,00021.0%
Listing Count
6518.0%
Listings as % of Homes0.6%18.0%
Days on Market
775.0%
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Demographics — Columbia, MS

As of the latest ACS Survey released in 2023, Columbia, MS has a population of 16,600, which has remained stable by 0.9% over the past 5 years. Columbia, MS is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
16,6000.9%
% Under 18
24.4%9.9%
% Seniors
17.3%-6.0%
% WFH
6.4%204.8%
% w/ College Degree
13.3%6.4%
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As of the latest ACS Survey released in 2023, Columbia, MS is a predominantly white area, with 62.2% of the population identifying as white. The white population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Columbia, MS is black, making up 33.9% of the population. Foreign-born residents account for 0.9% of the population in Columbia, MS, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
62.2%3.5%
% Black
33.9%-7.4%
% Hispanic
1.1%-45.0%
% Asian
0.1%-90.0%
% Foreign Born
0.9%-50.0%
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Mortgage and Risk — Columbia, MS

According to HUD data as of 2023, there were 232 mortgage originations in Columbia, MS, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Columbia, MS. Investor activity is low, as 9.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
232
% Conventional Loans
85.0%
% Government Loans
15.0%
% Investor Loans
9.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Columbia, MS

Columbia, MS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
217
Total Units Section 8
217
% Rentals under Section 8
14.1%
% Occupied Section 8
83.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$180$640$820
2 BedroomN/AN/A$1,000
3 BedroomN/AN/A$1,270
4 BedroomN/AN/A$1,390

Affordability — Columbia, MS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$131,000
Median Household Income$43,000

Columbia, MS — ZIP Code Boundary Map

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Frequently Asked Questions