Columbus, GA 31904 Real Estate Market Report

ZIP Code: 31904
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

In Columbus, GA (ZIP: 31904), the median sold price stands at $245,000, reflecting a competitive market despite some mixed signals regarding price trends. The neighborhood has decreased 8% since 2022, indicating a potential shift in buyer sentiment or market dynamics. The elevated median days on market at 419 days suggests a slower sales velocity, which may indicate pricing friction as sellers adjust to market realities.

The current market temperature is classified as hot, driven by strong demand for housing and rising rental prices, with a median market rent of $1,320. Despite the competitive environment, the inventory conditions reveal elevated inventory levels relative to sales activity, suggesting that while demand remains strong, the supply may be outpacing the current sales momentum, leading to a more cautious approach from buyers.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Columbus, GA are averaging 6.375%, which is 0.3% higher than the average rate of 6.08% recorded last week.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $245,000 reflects a competitive market, despite a recent 8% decrease since 2022.

2. With 419 days on the market, properties are experiencing slower sales velocity, indicating potential pricing friction.

3. The median market rent has risen to $1,320, highlighting strong demand in the rental sector.

4. Current mortgage rates are averaging 6.375%, which is 0.3% higher than last week, adding pressure to buyers.

5. The market temperature remains hot, supported by job growth and demand driven by Fort Benning.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.