New Columbia, PA

Real estate in New Columbia, PA is a hot commodity. The town has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates. While there are a few areas of the town that are still affordable, most homes and apartments are priced at or above the median household income.

New Columbia is located in Lancaster County just north of the city of Lancaster. The town is situated on a plateau overlooking the Susquehanna River Valley and consists of mostly single-family homes and apartments. There are a few commercial areas scattered throughout the town, but most businesses are located along Route 30 or within walking distance of one another.

The average home price in New Columbia was $269,900 as of September 2017. This figure represents an increase of almost 20% from 2016 when the average home price was $236,000. The median household income in New Columbia was $75,890 as of September 2017 which means that half of all households earn more than this amount. However, despite this high median income level, only about one-third (34%)of households can afford to purchase a home in New Columbia according to Zillow’s Cost Of Living Index. This indicates that there is strong demand for housing stock within the town limits but also indicates that prices have increased significantly beyond what many residents can afford on their own incomes alone.

Rental rates for apartments range from $1,200 per month for a one-bedroom unit to $2,700 per month for a three-bedroom unit according to Apartment List’s data analysis tool . These rates represent significant increases over past years when rental rates were typically lower due to limited availability and high demand for housing units within New Columbia.. In addition to apartments , there are also several single-family homes available for rent across the town . Homes that sit on larger lots typically command higher rents than those located closer to streets or other commercial areas . As with any property market , it is important to do your research before making an offer on any property in New Columbia as prices can change rapidly based on current market conditions .