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 9,091 people, 3,402 houses or apartments, and a median cost of homes of $668,007, real estate costs in Columbus are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New Jersey communities.
Single-family detached homes are the single most common housing type in Columbus, accounting for 98.10% of the town's housing units. Other types of housing that are prevalent in Columbus include duplexes, homes converted to apartments or other small apartment buildings ( 1.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Columbus. Owner-occupied housing accounts for 95.55% of Columbus's homes, and 61.54% have either three or four bedrooms, which is average sized relative to America.
Columbus homes and real estate are some of the newest in America. 44.59% of Columbus's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Columbus real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.74%), and between 1940-1969 ( 11.91%). There's also some housing in Columbus built before 1939 ( 7.77%).
Appreciation rates for homes in Columbus have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.87%, which ranks in the top 50% nationwide. This equates to an annual average Columbus house appreciation rate of 6.84%.
NeighborhoodScout's data show that during the latest twelve months, Columbus's appreciation rate, at 3.93%, has been at or slightly above the national average. In the latest quarter, Columbus's appreciation rate has been 0.26%, which annualizes to a rate of 1.06%.
Relative to New Jersey, our data show that Columbus's latest annual appreciation rate is lower than 80% of the other cities and towns in New Jersey.
$668,007
for New jersey
for nation
3,402
$3,353 / per month