Columbia's October First-Time Homebuyer Report

Columbia is older than the rest of Maryland, with a median age of 37. It's very affluent as well, with a median income of $90,948 per household. Detached homes account for 52% of the area's current housing market. Leading the list of top schools in the city are Clarksville Elementary School, Clarksville Middle School, and Atholton High School.

Price Range

Columbia has some of the more expensive homes in the state with a median home value of $302,200 and a current average list price of $334,700. There were 108 home sales in the Columbia market over the last 30 days, while coming close to the 114.1 monthly average for the last 12 months.

Curious as to which homes have been getting the most attention in Columbia? These listings have stirred up interest and produced the most views:

$199K   $120K   $189K  

Typical Dwelling

The typical dwelling in Columbia is a four-bedroom detached home worth about $460,268. To purchase a similar home, a buyer with good credit and a $92,054 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,588 monthly payment. The property tax rate is $12.88 per $1,000 of taxable assessed value.

Get started right now by checking out Columbia homes for sale or reviewing Columbia real estate trends.

Data reported through 10/13/2016


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