Columbia Station, OH Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Columbia Station, OH Housing Market Trends

With a population of 7,335, 1,325 total housing units (homes and apartments), and a median house value of $241,616, Columbia Station real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Columbia Station, accounting for 96.62% of the town's housing units. Other types of housing that are prevalent in Columbia Station include duplexes, homes converted to apartments or other small apartment buildings ( 2.29%).

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 93.62% of Columbia Station's homes, and 82.95% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Columbia Station's housing was primarily built during this period, from the '40s through the '60s. A full 39.31% of the town's housing hails from this era. Other housing ages represented in Columbia Station include homes built between 1970-1999 ( 33.83%) and housing constructed between 2000 and later ( 13.46%). There's also some housing in Columbia Station built before 1939 ( 13.39%).

Columbia Station Home Appreciation Rates

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 36.75%, which ranks in the top 50% nationwide. This equates to an annual average Columbia Station house appreciation rate of 3.18%.

Over the last year, Columbia Station appreciation rates have trailed the rest of the nation. In the last twelve months, Columbia Station's appreciation rate has been 2.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Columbia Station were at 1.54%, which equates to an annual appreciation rate of 6.29%.

Relative to Ohio, our data show that Columbia Station's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$241,616

Columbia Station, OH HOME PRICES

> $1,167,000
2.6%
2.6%
$875,001 - $1,167,000
0.8%
0.8%
$584,001 - $875,000
3.7%
3.7%
$467,001 - $584,000
7.9%
7.9%
$350,001 - $467,000
15.7%
15.7%
$233,001 - $350,000
21.6%
21.6%
$117,001 - $233,000
39.7%
39.7%
$59,001 - $117,000
6.9%
6.9%
$0 - $59,000
1.2%
1.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for OH

Value Relative To Nation

Number Of Homes And Apartments:
1,325

Columbia Station Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
29.18% 1.21%
3
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,398 / per month

Homeownership Rate

Owners
93.6%
93.6%
Renters
6.4%
6.4%
Vacant
3.9%
3.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
13.5%
13.5%
1970 - 1999
33.8%
33.8%
1940 - 1969
39.3%
39.3%
1939 or Older
13.4%
13.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
96.6%
96.6%
Townhomes
0.8%
0.8%
Small Apt. Buildings
2.3%
2.3%
Apt. Complexes
0.3%
0.3%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.3%
0.3%
1 Bedroom
0.5%
0.5%
2 Bedrooms
9.9%
9.9%
3 Bedrooms
54.6%
54.6%
4 Bedrooms
28.3%
28.3%
5 or more bedrooms
6.4%
6.4%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Columbia Station

Zip Codes in Columbia Station, OH