Columbus Real Estate Market Overview
Average Monthly Rent:
$1,064
Percentage Change in Home Price/Value:
8.2%
Median Home Value:
$178,500
Best Time To Sell Home:
May
Affordability Index:
172
Days To Sell House:
149
Job Market:
Weak
Public School Ranking:
32
Location & Weather
Columbus can be found in the western part of Georgia near the Alabama state line. This vibrant city boasts a teeming downtown, strong business opportunity and rich cultural heritage. Often referred to as the Fountain City for the many fountains installed there in the early 20th century, Columbus proves it is more than just a historical city. Notable attractions such as the Springer Opera House, Callaway Gardens, the Columbus Museum, Oxbow Meadows and Providence Canyon are located here.
Columbus’s weather consists of hot summers and short, cold winters. Throughout the seasons, temperatures typically vary from 30 to 90 degrees and there is often some rainfall.
Population, Job Market & Cost of Living
The city of Columbus has a population of 200,569, with a growth rate of 0.80% annually. The job market has increased by 2.3% over the last year. In ten years, job growth is predicted to be 31.9%. The Columbus job market is made up of major banking, insurance, and credit card companies. This city is also home to Columbus State University, Columbus Tech and Fort Benning Military Reservation. Combined, these support a large portion of the employment here.
As of 2022, Columbus was named the 4th top remote work city in the South region, which has been ideal for those who want to reside farther from their workplace or need to work from the comfort of their own home. Columbus is an affordable place to live, with very low housing costs and a lower cost of living average than the U.S. and Georgia.