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Columbus, GA-AL housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$209,756+3.8% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 16% have cut their price
Income needed to buy, per year$45,471About 0.7× the local median income ($61,592): affordable for a typical household
Days on market65 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.9%Zillow expects prices to rise slightly

The typical home in Columbus, GA-AL is worth $209,756, up 3.8% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $205,104, so the area is 2.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 65 days to sell, listings are up 21% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 2.9% over the next year. A household needs about $45,471 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 $61,592. Typical rent is $1,353 a month, or $1,486 for a house. In the latest IRS figures, 117 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K19801990200020102020
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$209,756
Change in 1 year+3.8%
Overvalued %+2.3%
Show 7 more
Fair home value$205,104
Change in 5 years+29.1%
Zillow forecast, next 12 months+2.9%
Home value to income3.4×
Monthly mortgage payment (20% down)$1,137
Income needed to afford it$45,471
Property tax rate0.74%

Rent and investing

Typical rent$1,353
Typical rent for houses$1,486
Price-to-rent ratio12.9×
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HUD Fair Market Rent, 2 bedrooms$1,205
Gross rental yield7.74%
Cap rate (estimate)5.03%

Market activity

Listings vs a year ago+21.4%
Days on market65
Listings with a price cut15.8%
Show 3 more
Homes for sale1,022
Pending sales per 100 listings39
Asking price per sq ft$145

People and jobs

Median household income$61,592
Population change (1 year)+0.1%
Unemployment rate6.2%
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Population324,830
Income adjusted for cost of living$68,972
Net moves in (IRS)−117
Cost of living (US = 100)89.3

Schools, risk and environment

School rating (1 to 10)4.9
FEMA hazard risk score (0 to 100)63.4
Unhealthy air days a year4
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Flood risk score71.7
Wildfire risk score57.2
Walkability (1 to 20)6.4
Road, rail and air noise54 dB

Questions people ask

Is Columbus, GA-AL overvalued?
Home prices in Columbus, GA-AL are slightly above what local incomes have historically supported: fair value is about $205,104, so the area is 2.3% overvalued.
Is Columbus, GA-AL a buyer's or seller's market?
Columbus, GA-AL is a balanced market, leaning toward buyers: homes take about 65 days to sell, listings are up 21% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Columbus, GA-AL?
Home values in Columbus, GA-AL are up 3.8% over the last year. Zillow's forecast for the next 12 months is +2.9%.
How much do you need to earn to buy a home in Columbus, GA-AL?
A household needs about $45,471 a year to afford the typical home in Columbus, GA-AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,592.

Counties in this metro

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