Columbia, MO—65203
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 $364,000, with a year-over-year change of 3.6%. 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 | $364,000 | 3.6% |
| Single Family | $374,000 | 3.0% |
| Condos | $221,000 | 6.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $140,000 | 0.0% |
2 Bed | $177,000 | 5.4% |
3 Bed | $316,000 | 3.6% |
4 Bed | $427,000 | 3.1% |
| 5 Bed | $586,000 | 2.3% |
% of Housing Stock
Rental Trends — Columbia, MO
As of July '25, Rentcast reports the average rent in Columbia, MO is $1,640, with a year-over-year rent change of 13.9%. Per bedroom, the median rent as of July '25 in Columbia, MO is 1-bedrooms: $1,200, 2-bedrooms: $1,160, 3-bedrooms: $1,770, 4-bedrooms: $2,350. The most common rental property sizes in Columbia, MO are 2-bedroom and 3-bedroom, accounting for 48.4% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $995 | $1,200 |
| 2 Bed Rent | $1,060 | $1,160 |
| 3 Bed Rent | $1,600 | $1,770 |
| 4 Bed Rent | $2,200 | $2,350 |
% 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 58. This is a increase of 8.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -1.0% |
Listing Count | 195 | -19.0% |
| Listings as % of Homes | 0.4% | -19.0% |
Days on Market | 58 | 8.0% |
Demographics — Columbia, MO
As of the latest ACS Survey released in 2023, Columbia, MO has a population of 59,700, which has increased by 3.2% over the past 5 years. Columbia, MO is a moderately popular place for families, as children make up 24.0% of the population. The area has a highly educated workforce, with 64.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 59,700 | 3.2% |
% Under 18 | 24.0% | 6.7% |
% Seniors | 13.9% | 2.2% |
% WFH | 10.6% | 103.8% |
% w/ College Degree | 64.9% | 10.6% |
As of the latest ACS Survey released in 2023, Columbia, MO is a predominantly white area, with 77.0% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Columbia, MO is black, making up 9.1% of the population. Foreign-born residents account for 7.4% of the population in Columbia, MO, and this percentage has decreased by 10.8% 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 | 77.0% | -1.8% |
% Black | 9.1% | 3.4% |
% Hispanic | 2.9% | -3.3% |
% Asian | 6.4% | 14.3% |
% Foreign Born | 7.4% | -10.8% |
Mortgage and Risk — Columbia, MO
According to HUD data as of 2023, there were 1099 mortgage originations in Columbia, MO, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Columbia, MO. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,099 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Columbia, MO
As of 2024, the percent of homes in Columbia, MO under the Section 8 program is 8.8%. 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. 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 | 906 |
Total Units Section 8 | 834 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 86.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$115 | $995 | $880 |
| 2 Bedroom | -$30 | $1,060 | $1,030 |
| 3 Bedroom | -$210 | $1,600 | $1,390 |
| 4 Bedroom | -$560 | $2,200 | $1,640 |
Affordability — Columbia, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $364,000 |
| Median Household Income | $80,400 |