Housing Report for Columbus
When comparing areas across the State of Ohio, Columbus stands 1 of the 12 metro areas by percentage growth in residential real estate. The metro area is positioned 103 of 361, when comparing the change in housing structures in other metropolitan areas throughout the nation.
Columbus had an owner-occupied dwelling median in 2005 of $155,600, published by the American Community Survey. This home value is greater than the overall Ohio 2005 home value of $129,600 and less than median owner-occupied dwelling value of $167,500 for the United States in the same year.
In Columbus, the real estate market was made up of 754,434 homes in the year 2005. This MSA has gone through a medium-high growth level in the number housing units, adding a total of 55,897 residential units since 2001, or 8 percent.
There seems to be a fair amount of housing that is affordable in Columbus, Ohio. In 2005, 34 percent of residential real estate was valued under $125,000.
Columbus has a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey reports that 2.8 percent of the homes were valued over $500,000.
The residential housing values in Columbus, Ohio have seen large increases since the Census values accounted for in the year 2000. The values have increased by $34,700, or 28.7 percent, from their 2000 median values of $120,900.
Data Source: U.S. Census Bureau
Columbus had an owner-occupied dwelling median in 2005 of $155,600, published by the American Community Survey. This home value is greater than the overall Ohio 2005 home value of $129,600 and less than median owner-occupied dwelling value of $167,500 for the United States in the same year.
In Columbus, the real estate market was made up of 754,434 homes in the year 2005. This MSA has gone through a medium-high growth level in the number housing units, adding a total of 55,897 residential units since 2001, or 8 percent.
There seems to be a fair amount of housing that is affordable in Columbus, Ohio. In 2005, 34 percent of residential real estate was valued under $125,000.
Columbus has a medium proportion of residential real estate that is high priced. During the year 2005, the American Community Survey reports that 2.8 percent of the homes were valued over $500,000.
The residential housing values in Columbus, Ohio have seen large increases since the Census values accounted for in the year 2000. The values have increased by $34,700, or 28.7 percent, from their 2000 median values of $120,900.
Data Source: U.S. Census Bureau
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