21046, Columbia, MD

The 21046 zip code of Columbia, MD has a median home value of $217,500. The home equity in this zip code is $128,000. This means that the majority of homeowners in this zip code have more equity in their homes than they need to cover their current monthly mortgage payments. Additionally, the average home price in this zip code has increased by 9% over the past year.

There are a number of factors that may contribute to the increase in home prices in the 21046 zip code of Columbia, MD. Some potential reasons include an improving economy and low interest rates, which make it easier for buyers to afford homes and for sellers to sell their homes for higher prices. Additionally, there is a limited supply of homes available for sale in this area, which may lead to higher prices overall.