Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Columbia County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $194,515 | $176,921 | $242,182 |
| Price Trend (Annual %) | 7.3% | 5.3% | 8.2% |
| Median Gross Rent | $925 | $1,045 | $1,342 |
| Rent Trend (Annual %) | 3.0% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Columbia County is about 10% higher than in Wisconsin. Rent is about 11% lower than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Columbia County, up about 7.3% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Columbia County rose about 24.6% between 2015 and 2023, from $743 to $925. Over the same span, rent in Wisconsin rose about 34.7%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Columbia County.
Buying the median-priced home in Columbia County costs roughly 17.5 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Columbia County. The price-to-rent ratio in Wisconsin is about 14.1.
| Metric | Columbia County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $194,515 | $176,921 | $242,182 |
| Median Household Income | $81,847 | $75,766 | $78,145 |
| Price-to-Income Ratio | 2.4 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Columbia County rose about 42.7%, while median household income rose about 47.9% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Columbia County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.5% | 60.4% | 58.2% |
| Rental Rate | 20.9% | 28.6% | 31.3% |
| Vacancy Rate | 9.7% | 11.1% | 10.6% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Columbia County has a homeownership rate of 69.5%, higher than the Wisconsin average of 60.4%. Its housing vacancy rate is 9.7%, compared with 11.1% in Wisconsin.
Housing Stock
| Metric | Columbia County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.35 people | 2.54 people |
| Median Structure Built Year | 1977 | 1973 | 1978 |
| Median Number of Rooms | 6.2 | 5.6 | 5.5 |
The typical housing unit in Columbia County was built around 1977. On average, 2.3 people live in a home with about 6.2 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Columbia County, Wisconsin.
What is the median home price in Columbia County, Wisconsin?
The median home price in Columbia County, Wisconsin is $194,515, higher than the Wisconsin average of $176,921.
What is the average home price in Columbia County, Wisconsin?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Columbia County, Wisconsin?
The median gross rent in Columbia County, Wisconsin is $925 per month, lower than the Wisconsin average of $1,045.
What was the median gross rent in Columbia County in 2020?
In 2020, the median gross rent in Columbia County, Wisconsin was $833 per month.
What is the price-to-rent ratio in Columbia County, Wisconsin?
The price-to-rent ratio in Columbia County, Wisconsin is about 17.5, meaning it would take roughly 17.5 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Columbia County.
Are home prices or rent rising faster in Columbia County, Wisconsin?
Both home prices and rent are rising in Columbia County, up about 7.3% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Columbia County, Wisconsin?
69.5% of households in Columbia County, Wisconsin own their home, higher than the Wisconsin average of 60.4%.
What is the vacancy rate in Columbia County, Wisconsin?
The housing vacancy rate in Columbia County, Wisconsin is 9.7%, lower than the Wisconsin average of 11.1%.