Columbia, SC

Population: 131,489
Average annual home appreciation rate: 7.00%
Total of homes for sale in this market: 1,572
Median home price: $163,833
Median Rent: $921 per room
Home price range: 37.76% of homes are between $100,001 – $200,000
Median sales price: $118,500
Number of homes: 1,711
Median foreclosure sales price: $70,000
Foreclosure discount: 41%
Most common home type: 53.53% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 14.42%
Number of renters: 63.21%
Number of owner occupied: 36.80%
Number people living below poverty level: 23.76%
Unemployment rate: 6.00%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Columbia area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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