Columbus housing market

Neutral marketColumbus, GA metro areaData through Sep 2026
Typical home value
$210K
▲ 3.8% 1 yr
Typical rent
$1,353/mo
▲ 5.0% 1 yr
12-month forecast
+2.9%
#146 of 546 metros
Gross rent yield
7.7%
#62 of 546 · U.S. 6.3%
Days to pending
45 days
▼ −8 days 1 yr
Listings with a price cut
24%
▲ +0.2 pts 1 yr

Key takeaways

  • 1The typical home is worth $209,756, up 3.8% in a year and up 29% over five years.
  • 2Zillow forecasts home values rising 2.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,353/mo (+5.0% YoY), a 7.7% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,153/mo in principal and interest, $200 less than renting.
  • 5Homes go under contract in 45 days (−8 days vs last year); 24% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 49/100, #150 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $210K
$124K$150K$177K$204K2016201920222025
Typical monthly rent
Latest $1,353
$813$980$1,148$1,3152016201920222025

How fast homes are selling

Days to go under contract
Latest 45
25528010720182020202220242026
Share of listings with a price cut
Latest 24.1%
8.7%13.5%18.2%23.0%20182020202220242026
Homes for sale vs new listings
Latest 1,186
For saleNew listings
3478401,3331,82620182020202220242026
Share of homes sold above list price
Latest 19.1%
7.0%19.1%31.2%43.3%2019202120232025

Affordability

Household income needed to buy vs rent
Latest $58K
To buy (20% down)To rent
$28K$37K$46K$56K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Columbus compares

MeasureColumbusUnited StatesRank of 546
Home value, 1-yr change+3.8%+1.2%#138
Home value, 5-yr change+29.1%+19.7%
12-month forecast+2.9%+1.1%#146
Rent, 1-yr change+5.0%+2.7%#117
Gross rent yield7.7%6.3%#62
Price-to-rent ratio12.915.8
Mortgage P&I on typical home$1,153$2,012
Income needed to buy$57,648$100,902
Days to pending4556

Cities in the Columbus metro

2 cities with home value and rent data.

Columbus$176K▲ 3.1%$1,331▲ 5.0%9.1%
Phenix City$212K▲ 5.5%$1,312▲ 5.7%7.4%

Run the numbers

Other Georgia metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.