Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$318,695+2.7% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$69,086About 0.9× the local median income ($78,680): affordable for a typical household
Days on market53 daysAbout the same pace as a year ago
Next 12 months+2.5%Zillow expects prices to rise slightly
The typical home in Columbia, MO is worth $318,695, up 2.7% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $306,833, so the area is 3.9% overvalued. It is a buyer's market: homes take about 53 days to sell, listings are up 5% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 2.5% over the next year. A household needs about $69,086 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,680. Typical rent is $1,457 a month, or $1,727 for a house. In the latest IRS figures, 28 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$318,695
Change in 1 year
+2.7%
Overvalued %
+3.9%
Show 7 more
Fair home value
$306,833
Change in 5 years
+28.5%
Zillow forecast, next 12 months
+2.5%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,727
Income needed to afford it
$69,086
Property tax rate
0.83%
Rent and investing
Typical rent
$1,457
Typical rent for houses
$1,727
Price-to-rent ratio
18.2×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,063
Gross rental yield
5.49%
Cap rate (estimate)
3.57%
Market activity
Listings vs a year ago
+5.0%
Days on market
53
Listings with a price cut
23.6%
Show 3 more
Homes for sale
691
Pending sales per 100 listings
7
Asking price per sq ft
$188
People and jobs
Median household income
$78,680
Population change (1 year)
+0.4%
Unemployment rate
3.8%
Show 4 more
Population
219,062
Income adjusted for cost of living
$88,009
Net moves in (IRS)
−28
Cost of living (US = 100)
89.4
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
77.3
Unhealthy air days a year
0
Show 4 more
Flood risk score
80.3
Wildfire risk score
66.5
Walkability (1 to 20)
7.2
Road, rail and air noise
54 dB
Questions people ask
Is Columbia, MO overvalued?
Home prices in Columbia, MO are slightly above what local incomes have historically supported: fair value is about $306,833, so the area is 3.9% overvalued.
Is Columbia, MO a buyer's or seller's market?
Columbia, MO is a buyer's market: homes take about 53 days to sell, listings are up 5% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Columbia, MO?
Home values in Columbia, MO are up 2.7% over the last year. Zillow's forecast for the next 12 months is +2.5%.
How much do you need to earn to buy a home in Columbia, MO?
A household needs about $69,086 a year to afford the typical home in Columbia, MO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $78,680.