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Rent To Own Homes in Columbia, IL

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Columbia, IL Foreclosures

How much do homes sell for in Columbia, IL?
The average home price is currently $371,128.
In Columbia, IL, how many homes are available?
There are currently 5 active home listings available in Columbia.
What’s the average rental cost in Columbia, IL?
The average rental price in Columbia is $1,395.
What is the most expensive home in Columbia?
The most expensive home sold in Columbia had a price of $20,425,254.
What is currently the cheapest priced home in Columbia, IL?
The cheapest home for sale in Columbia is priced at $10,708.

Living in Columbia, IL

Columbia is a vibrant small city located just 20 miles from St. Louis, Missouri. Known for its friendly atmosphere and strong community spirit, it offers a blend of suburban comfort and easy city access. The area features great schools, beautiful parks, and a range of recreational activities for residents of all ages.

Current Market Conditions in Columbia, IL

Columbia's real estate market is currently experiencing a steady growth trend, with a healthy balance of supply and demand. The area is attractive to homebuyers who appreciate the affordable housing options compared to larger metropolitan areas. Furthermore, the community's charm and amenities have led to a growing number of young families looking to relocate here.

Recent data indicates that home values in Columbia have increased by approximately 5% over the last year, reflecting the area's desirable location and quality of life. New constructions and developments are anticipated to further boost the housing market, catering to the influx of buyers seeking a more suburban lifestyle.

Home Value Estimator For Columbia, IL

There are currently 5,257 real estate properties in Columbia, IL, with a median automated valuation model (AVM) price of $332,271.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Columbia, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Columbia, IL, is $371,128.00, with the most expensive house in Columbia, IL, topping out at $20,425,254.00 and the cheapest home in Columbia, IL, clocking in at $10,708.00. In other words, there’s something for every potential homebuyer or savvy investor in Columbia, IL!

Rent Prices In Columbia, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Columbia, IL, is on a rollercoaster ride. The average rent price in Columbia, IL, is $1,395.00. Indeed, when looking to rent in Columbia, IL, you can expect to pay as little as $640.00 or as much as $2,730.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Columbia, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Columbia, IL Rent To Own Homes

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