Columbia, MO—65201
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 $329,000, with a year-over-year change of 4.3%. This indicates that home prices in Columbia, MO are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $329,000 | 4.3% |
| Single Family | $340,000 | 4.3% |
| Condos | $230,000 | 4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $179,000 | 7.8% |
2 Bed | $181,000 | 7.7% |
3 Bed | $297,000 | 4.6% |
4 Bed | $425,000 | 4.2% |
| 5 Bed | $640,000 | 3.6% |
% of Housing Stock
Rental Trends — Columbia, MO
As of July '25, Rentcast reports the average rent in Columbia, MO is $1,680, with a year-over-year rent change of 18.3%. Per bedroom, the median rent as of July '25 in Columbia, MO is studios: $958, 1-bedrooms: $984, 2-bedrooms: $1,290, 3-bedrooms: $1,860, 4-bedrooms: $2,160. The most common rental property sizes in Columbia, MO are 2-bedroom and 3-bedroom, accounting for 40.6% and 21.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,520 | $1,680 |
| Studio Rent | $695 | $958 |
| 1 Bed Rent | $965 | $984 |
| 2 Bed Rent | $1,200 | $1,290 |
| 3 Bed Rent | $1,750 | $1,860 |
| 4 Bed Rent | $2,100 | $2,160 |
% 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 47. This is a decrease of -8.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $488,000 | -6.0% |
Listing Count | 121 | -18.0% |
| Listings as % of Homes | 0.3% | -18.0% |
Days on Market | 47 | -8.0% |
Demographics — Columbia, MO
As of the latest ACS Survey released in 2023, Columbia, MO has a population of 49,800, which has increased by 10.3% over the past 5 years. Columbia, MO is a less popular place for families, as children make up 10.2% of the population. The area has a highly educated workforce, with 53.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 49,800 | 10.3% |
% Under 18 | 10.2% | -8.1% |
% Seniors | 9.1% | 21.3% |
% WFH | 9.0% | 130.8% |
% w/ College Degree | 53.7% | 2.7% |
As of the latest ACS Survey released in 2023, Columbia, MO is a predominantly white area, with 74.5% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Columbia, MO is black, making up 8.4% of the population. Foreign-born residents account for 8.7% of the population in Columbia, MO, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.5% | -1.1% |
% Black | 8.4% | 5.0% |
% Hispanic | 6.2% | 24.0% |
% Asian | 6.6% | 4.8% |
% Foreign Born | 8.7% | 0.0% |
Mortgage and Risk — Columbia, MO
According to HUD data as of 2023, there were 436 mortgage originations in Columbia, MO, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Columbia, MO. Investor activity is low, as 10.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 436 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 10.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Columbia, MO
As of 2024, the percent of homes in Columbia, MO under the Section 8 program is 4.0%. 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. In Columbia, MO, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 616 |
Total Units Section 8 | 516 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 84.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$105 | $965 | $860 |
| 2 Bedroom | -$200 | $1,200 | $1,000 |
| 3 Bedroom | -$400 | $1,750 | $1,350 |
| 4 Bedroom | -$510 | $2,100 | $1,590 |
Affordability — Columbia, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $329,000 |
| Median Household Income | $46,200 |