Columbus housing market
Typical home value
$187K
▲ 3.3% 1 yr
Typical rent
$1,403/mo
▲ 3.6% 1 yr
12-month forecast
+2.1%
#266 of 546 metros
Gross rent yield
9.0%
#16 of 546 · U.S. 6.3%
Days to pending
66 days
▲ +12 days 1 yr
Listings with a price cut
28%
▲ +3.2 pts 1 yr
Key takeaways
- 1The typical home is worth $187,456, up 3.3% in a year and up 15% over five years.
- 2Zillow forecasts home values rising 2.1% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,403/mo (+3.6% YoY), a 9.0% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,030/mo in principal and interest, $373 less than renting.
- 5Homes go under contract in 66 days (+12 days vs last year); 28% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 43/100, #238 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Columbus compares
| Measure | Columbus | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +3.3% | +1.2% | #172 |
| Home value, 5-yr change | +15.3% | +19.7% | |
| 12-month forecast | +2.1% | +1.1% | #266 |
| Rent, 1-yr change | +3.6% | +2.7% | #237 |
| Gross rent yield | 9.0% | 6.3% | #16 |
| Price-to-rent ratio | 11.1 | 15.8 | |
| Mortgage P&I on typical home | $1,030 | $2,012 | |
| Days to pending | 66 | 56 |
Cities in the Columbus metro
1 cities with home value and rent data.
| Columbus | $178K | ▲ 3.4% | $1,371 | ▲ 3.6% | 9.2% |
Run the numbers
Rental property calculator
Cash flow on a typical Columbus rental ($187K, $1,403/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Columbus home.
Rent vs buy
Is it cheaper to rent or buy in Columbus?
Other Mississippi metros
Jackson, MS
$212K home$1,470 rent8.3% yield
▲ 2.7% 1 yr
Gulfport, MS
$224K home$1,422 rent7.6% yield
▲ 1.9% 1 yr
Hattiesburg, MS
$214K home$1,303 rent7.3% yield
▲ 4.2% 1 yr
Tupelo, MS
$193K home$1,301 rent8.1% yield
▲ 6.7% 1 yr
Meridian, MS
$117K home$1,284 rent13.2% yield
▲ 0.1% 1 yr
Starkville, MS
$260K home$1,408 rent6.5% yield
▲ 4.8% 1 yr
Oxford, MS
$404K home$2,338 rent7.0% yield
▲ 2.8% 1 yr
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.