71418, Columbia, LA

Columbia, Louisiana is located in East Baton Rouge Parish and has a population of approximately 97,000 people. The median household income in Columbia is $45,000 which is lower than the national median household income of $53,046. The percentage of households that are below the poverty line is also higher than the national percentage of 23.1%.

The home equity and home prices in Columbia have been steadily increasing over the past few years. In January 2017, the home equity value in Columbia was $128,200 which was an increase from $122,100 in December 2016. The home prices in Columbia peaked at $157,500 in May 2018 but have since decreased to their current value of $146,700.

One reason for the increase in home values is that there are relatively few homes for sale compared to other areas of Louisiana. Additionally, many homes that are for sale have already been sold or are under contract within a short period of time. This suggests that buyers are willing to pay more for properties in Columbia compared to other areas of Louisiana.

Despite the increase in home values, it is important to keep in mind that not all homes within Columbia are worth more than others. There are a number of neighborhoods within Columbia that have significantly lower home values than other parts of town. It may be worthwhile it compare different neighborhoods before making a purchase so you know exactly what you're getting yourself into financially