Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 7,702 people, 3,041 houses or apartments, and a median cost of homes of $447,843, Columbia Station real estate is some of the most expensive in Ohio, although Columbia Station home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Columbia Station, accounting for 96.26% of the town's housing units. Other types of housing that are prevalent in Columbia Station include row houses and other attached homes ( 2.05%), duplexes, homes converted to apartments or other small apartment buildings ( 1.69%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Columbia Station. Owner-occupied housing accounts for 90.99% of Columbia Station's homes, and 75.90% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Columbia Station built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Columbia Station built between 1940-1969 ( 26.62%). A lesser amount of the housing stock also hails from between 2000 and later ( 26.19%). There's also some housing in Columbia Station built before 1939 ( 12.38%).
Appreciation rates for homes in Columbia Station have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.86%, which ranks in the top 50% nationwide. This equates to an annual average Columbia Station house appreciation rate of 6.84%.
Appreciation rates are so strong in Columbia Station that despite a nationwide downturn in the housing market, Columbia Station real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Columbia Station appreciation rates continue to be some of the highest in America, at 6.24%, which is higher than appreciation rates in 80.83% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Columbia Station. Columbia Station appreciation rates in the latest quarter were at 3.54%, which equates to an annual appreciation rate of 14.92%.
Importantly, this makes Columbia Station one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Ohio, our data show that Columbia Station's latest annual appreciation rate is higher than 70% of the other cities and towns in Ohio.
$447,843
for Ohio
for nation
3,041
$1,953 / per month