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Market Snapshot

Median listing price
$235K

The median listing price in Columbus, GA ZIP 31904 is $235,000 as of June 2026.

Median rent
$1,200/mo

The median market rent in Columbus, GA ZIP 31904 is $1,200/month as of June 2026.

Days on market
495 days

The median days on market in Columbus, GA ZIP 31904 is 495 days as of June 2026. The market is currently neutral.

Gross rental yield
6.13%

At a median list price of $235,000 and a median rent of $1,200/month, the gross rental yield in Columbus, GA ZIP 31904 is 6.13% as of June 2026.

STR vs LTR
$2,716/mo STR · $1,200/mo LTR

In Columbus, GA ZIP 31904, median Airbnb revenue is $2,716/month compared to median long-term rent of $1,200/month as of June 2026.

Columbus, GA 31904 Real Estate Market Report

ZIP Code: 31904

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
69
Active Listings
26
Sold Properties
43

Market Metrics

Median Listing Price
$235,000
Median Sold Price
$238,500
Median Price per Sqft
$137/sqft

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.


Rental Market

Median Market Rent
$1,200

Property Taxes

Property Tax Rate
1.07%

Liquidity & Velocity

Median Days on Market
495
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Key Findings

  1. $238,500 is the primary indicator of market value and recent transaction activity in 31904; this representative recent sale level, combined with a price year-over-year trend that is up, suggests localized price appreciation despite broader softness.
  2. $238,500 versus the $235,000 median listing price highlights a narrow gap between realized sale prices and asking levels, which may indicate sellers' expectations are generally aligned with recent transactions.
  3. 495 median days on market signals notably slower sales velocity and extended listing lifecycles; this extended time to contract may reflect pricing friction and the impact of elevated interest rate pressure on buyer affordability.
  4. $137 median price per square foot and a $1,200 median market rent combined with a rent year-over-year trend that is down point to softer rental momentum, while the market temperature remaining neutral suggests a more balanced market rather than a decisive buyer- or seller-driven environment.

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.

Recent Transactions

6227 Waterford Rd, Columbus, GA 31904
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds4 baths3,102 sqft
$3,575,000
May 1, 2026
$1,152/sqft/sqft
364 days on market
1133 Standing Boy Ct, Columbus, GA 31904
Premium

Sold above market average

4 beds4 baths4,476 sqft
$1,275,000
Mar 1, 2026
$285/sqft/sqft
6528 Standing Boy Rd, Columbus, GA 31904
Premium

Sold above market average

5 beds4 baths4,278 sqft
$1,050,000
Mar 1, 2026
$245/sqft/sqft
495 days on market
7309 Kirkwood Dr, Columbus, GA 31904
Premium

Sold above market average

3 beds2 baths1,705 sqft
$274,900
Mar 1, 2026
$161/sqft/sqft
7724 Gray Shoals Dr, Columbus, GA 31904
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,583 sqft
$270,000
Mar 1, 2026
$171/sqft/sqft
6409 Ashwood Dr, Columbus, GA 31904
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths2,601 sqft
$260,000
Mar 1, 2026
$100/sqft/sqft
6427 Fox Chapel Dr, Columbus, GA 31904
Value

Sold below market average

3 beds2 baths1,770 sqft
$106,000
Mar 1, 2026
$60/sqft/sqft
2952 Pierpont Ave, Columbus, GA 31904
Value

Sold below market average

1 beds1 baths960 sqft
$86,700
Mar 1, 2026
$90/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$288/mo
31904 Avg Rent
31904 Cost to Own
Rent$1,200
Own$1,488

20% down, 6.50% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

31904 Avg nightly rate
31904 Avg occupancy (days/year)
Nightly rate$201/night
Occupancy111 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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