Market Overview
Home Prices in Columbia, MS
The median home value in Columbia, MS is $139,298 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Columbia are priced66% below average.
Over the past five years, Columbia home values have risen by approximately10.7%, reflecting steady appreciation in this market.
Price History
Columbia Home Price Trend
2020
$113,703
$114K
—
2021
$125,817
$126K
+10.7%
2022
$137,924
$138K
+9.6%
2023
$134,923
$135K
-2.2%
2024
$135,720
$136K
+0.6%
2025
$134,569
$135K
-0.8%
2026
$139,298
$139K
+3.5%
City Comparison
Columbia vs. National Median
🏠 Columbia
$139,298
National Median
$410,000
At $139,298, homes in Columbia cost 66% below the national median of $410,000. This makes Columbia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Columbia?
20% Down Payment
$27,860
on $139,298
Monthly P&I
$726/mo
30-yr @ 6.8%
Total Monthly Est.
~$922/mo
incl. taxes & insurance
Income Needed
$36,880
gross annual (30% rule)
10% Down Option
$13,930
+ PMI applies
Loan Amount (20% dn)
$111,438
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Columbia, MS?
The median home value in Columbia is $139,298 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Columbia?
Over the past year, home values in Columbia have increased by 3.5%. Over five years, prices have risen approximately 10.7%.
How much do I need to earn to buy a home in Columbia?
To comfortably afford the median home price of $139,298 with a 20% down payment ($27,860) at today's rates (6.8%), you'd need a gross annual income of approximately $36,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Columbia compare to the national average home price?
The national median home value is approximately $410,000. At $139,298, homes in Columbia are 66% below the national average.