Columbia City, IN Foreclosures
How much do homes sell for in Columbia City, IN?
The average home price is currently $314,854.
In Columbia City, IN, how many homes are available?
There are currently 7 active home listings available in Columbia City.
What’s the average rental cost in Columbia City, IN?
The average rental price in Columbia City is $1,167.
What is the most expensive home in Columbia City?
The most expensive home sold in Columbia City had a price of $7,648,113.
What is currently the cheapest priced home in Columbia City, IN?
The cheapest home for sale in Columbia City is priced at $17,543.
Living in Columbia City, IN
Columbia City, IN, is a vibrant small town characterized by its friendly atmosphere and strong community spirit. It offers a variety of amenities, beautiful parks, and reputable schools, making it an ideal location for families. The city's proximity to Fort Wayne adds convenience and accessibility for residents.
Current Market Conditions in Columbia City, IN
Overall, Columbia City's real estate market has been steady, with a moderate increase in home prices over the past year. Demand remains strong, particularly for single-family homes, as more individuals and families seek the benefits of suburban living. The market is balanced, with adequate inventory available to meet demand, but competition remains evident for well-maintained properties.
In recent months, the market has seen a slight uptick in home sales and an increase in median home prices. This upward trend can be attributed to low mortgage rates and new families moving into the area, drawn by its quality-of-life offerings. Potential buyers are encouraged to act quickly, as desirable properties are often sold within days of listing.
Home Value Estimator For Columbia City, IN
There are currently 8,541 real estate properties
in Columbia City, IN,
with a median automated valuation model (AVM) price
of $274,279.00. 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 City, IN, 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 City, IN,
is $314,854.00, with the most expensive house
in Columbia City, IN, topping out
at $7,648,113.00 and the cheapest home
in Columbia City, IN,
clocking in at $17,543.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Columbia City, IN!
Rent Prices
In Columbia City, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Columbia City, IN, is on
a rollercoaster ride. The
average rent price in Columbia City, IN,
is $1,167.00. Indeed, when looking to rent in
Columbia City, IN, you can expect to pay as little
as $440.00 or as much
as $2,500.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Columbia City, IN
-- 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.
Learn more on Foreclosure homes
