Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$274,091+2.5% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 27% have cut their price
Income needed to buy, per year$59,417About 0.7× the local median income ($81,019): affordable for a typical household
Days on market50 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.4%Zillow expects prices to rise slightly
The typical home in Columbus, IN is worth $274,091, up 2.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $238,181, so the area is 15.1% overvalued. It is a buyer's market: homes take about 50 days to sell, listings are up 13% from a year ago, 27% of listings have had a price cut. Zillow expects prices to rise about 3.4% over the next year. A household needs about $59,417 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 $81,019. Typical rent is $1,380 a month, or $1,832 for a house. In the latest IRS figures, 363 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
$274,091
Change in 1 year
+2.5%
Overvalued %
+15.1%
Show 7 more
Fair home value
$238,181
Change in 5 years
+29.5%
Zillow forecast, next 12 months
+3.4%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,485
Income needed to afford it
$59,417
Property tax rate
0.75%
Rent and investing
Typical rent
$1,380
Typical rent for houses
$1,832
Price-to-rent ratio
16.6×
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HUD Fair Market Rent, 2 bedrooms
$1,493
Gross rental yield
6.04%
Cap rate (estimate)
3.93%
Market activity
Listings vs a year ago
+12.8%
Days on market
50
Listings with a price cut
27.3%
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Homes for sale
255
Pending sales per 100 listings
37
Asking price per sq ft
$170
People and jobs
Median household income
$81,019
Population change (1 year)
+0.9%
Unemployment rate
4.1%
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Population
85,729
Income adjusted for cost of living
$87,117
Net moves in (IRS)
−363
Cost of living (US = 100)
93.0
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
70.9
Unhealthy air days a year
0
Show 4 more
Flood risk score
78.0
Wildfire risk score
26.1
Walkability (1 to 20)
6.6
Road, rail and air noise
54 dB
Questions people ask
Is Columbus, IN overvalued?
Home prices in Columbus, IN are well above what local incomes have historically supported: fair value is about $238,181, so the area is 15.1% overvalued.
Is Columbus, IN a buyer's or seller's market?
Columbus, IN is a buyer's market: homes take about 50 days to sell, listings are up 13% from a year ago, 27% of listings have had a price cut.
Are home prices going down in Columbus, IN?
Home values in Columbus, IN are up 2.5% over the last year. Zillow's forecast for the next 12 months is +3.4%.
How much do you need to earn to buy a home in Columbus, IN?
A household needs about $59,417 a year to afford the typical home in Columbus, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $81,019.