Trends and Statistics in the Real Estate Market in Columbus 2018-2019

In this section you will learn about the key factors that will make Columbus one of the most powerful real estate markets in 2019, including: reasonableness, rental income, cash flow and capital growth potential. Discover the housing, population and employment market trends in Columbus in the tabs above for more information.

Columbus' property values ​​are cheaper than other U.S. real estate markets today.

• In January 2018 the median price of three-bedroom homes in Columbus was $ 165,000. This is 18% lower than the $ 202,000 national average.
• The median price of three-bedroom homes in neighborhoods where members of the Wealth Real chain invest is only $ 105,000. This is less than 48% of the average three-bedroom home nationwide.
• This shows us that real estate in Columbus is particularly lucrative, especially in neighborhoods where members of the Wealth Real network invest.

Passive monthly income can be generated in Columbus.

• In January 2018, the median monthly rent for three-bedroom homes in the Columbus Metro area was over $ 1,300, which is 0.80% of the $ 165,000 purchase price.
• In neighborhoods where members of the Wealth Real chain invest, the median monthly rent of REAL Income ™ is just over $ 1,000, which is 0.98% of the average purchase price of $ 105,000.
• This shows us that there is a strong opportunity to generate passive monthly income in Columbus in relation to a higher-than-average national rental price.

Columbus' asset values ​​have been rising steadily in recent years.

• In January 2012, the median price of three-bedroom homes in the Columbus Metro area was $ 121,000. In the last six years (January 2012 to January 2018), three bedrooms in Columbus were valued at more than 36%. During that time, three-bedroom homes grew 41 percent nationwide.
• Although the median price of three-bedroom homes in Columbus was less than the national average, it has risen steadily every year. Over the past six years, the annual growth rate has been 5.3% which is slightly less than the national average of 5.9%.
• This shows us that Columbus offers an opportunity for long-term stock growth; This is also a good indication that the Columbus real estate market is more stable than other US markets.

Rent in Columbus rose at a faster rate than the national average

• In January 2012, the median rent for three-bedroom homes in the Columbus Metro area was $ 1,115. In the last six years, rents have risen by 18%. At that time the rent for three bedrooms nationwide rose by only 17%.
• This shows us that Columbus offers investors a strong opportunity for rental income.

People are moving to Columbus at a much faster rate than many other cities in the United States

• Since 2010, more than 170,000 people have moved to the Columbus Metro area. This is above a 9% increase in the population, which is significantly higher than the national average of 5%.
• This is significant because population growth creates increased demand for housing, which accelerates property values ​​and rents. These are good signs for Columbus investment property owners.

Columbus creates jobs at a steady pace.

• Between August 2017 and 2018, Columbus created over 9,000 jobs - a growth rate of 0.83%. This is below the national average of 1.73% during this period.
• Although Columbus' job growth is not amazing, it's still a promising sign for real estate investors because jobs attract people and people always need a place to live.

The Columbus population grew rapidly

Since 2010, the Columbus population has grown at a rate of 71% of the national average.

Columbus is lucrative

In the Columbus neighborhoods where RWN members invest, the median price of 3-bedroom homes is 48% lower than the national average.

Columbus flows in cash

In the Columbus neighborhoods where RWN members invest, the median rent of 3-bedroom homes is 0.98% of the purchase price, which is 38% higher than the national average.

House values ​​and Columbus rents are rising

Since 2012, 3-bedroom homes in Columbus have been rated 36% compared to 41% nationwide. During the same period, rent was increased by 18% compared to 17% nationally.

Columbus creates jobs

In the past year, the number of jobs in Columbus has created over 9,000 jobs - a growth rate of 0.83%. Although it is below the national average of 1.7%, it is still a promising sign for investors.