1179 Listing Found in Columbia, SC

Buying a Home in Columbia

Over 1,900 homes for sale give house hunters a wide variety of choices. Families, couples, retirees, and a broad range of people make their life in Columbia. The bountiful homes reflect the diversity the city has. Homes in Columbia average a median price of $154,900, a $900 increase from last year’s rates. Compared to other towns, like Charleston, this price is quite affordable. Foreclosed homes sell for a median average price of $94,250 in Columbia. Over 1,000 foreclosed homes currently sit on the market right now.

Popular Neighborhoods in Columbia

Downtown Columbia housing suits young families and millennials well. The vintage bungalows in the Cottonwood neighborhood sell for an average cost of $136,800, giving buyers a phenomenal deal on a home near downtown. Rosewood is an affordable community with homes selling for about $139,639. This neighborhood is home to Fort Jackson, Midlands Tech, and USC. The Five Points neighborhood offers exquisite restaurants, shipping, and nightlife. Many college students spend time together and live in the Five Points district.

Buying vs. Rent to Own Homes

Rent to own your home and buy it later! This gives buyers time to save money for a down payment and improve their credit. Typical rent-to-own contracts last one to three years. Pay the homeowner a one-time option fee and a premium fee each month. The premium fee is applied to the down payment at the time of purchase. A rent-to-own contract locks in today’s housing prices while providing the opportunity to improve your circumstances so you are ready to buy. Anyone who is not yet ready to buy a home but looking to improve their current situation benefits from a rent-to-own deal.

Cost of Living in Columbia

Columbians spend about 5% less than the national average on their expenses. Housing and healthcare are about 5% lower than average. Groceries and utilities are priced about 4% higher than the national average. Compare Columbia’s cost of living rates to other South Carolina cities and towns and the numbers are more impressive. Columbia averages an 11% lower cost of living than other areas in the state.

Summary

Columbia offers residents quality of life, a strong economy, and affordable pricing. Kiplinger named the city one of the best places to live in America and the city is gaining notoriety in other categories as well. The city offers a range of neighborhoods suitable to every personality, whether you want modern and fun, historic, or affordable. The area is known for its great sports and livability.

Rent to Own Realtors

Realtors usually avoid rent to own contracts. They work on a commission basis and such a deal does not offer an immediate payout; it is not in their best interest to handle this contract. Renters searching for purchase later down the road should consider browsing our rent to own listings to find what they are searching for.

The free rent-to-own deals on our site give renters the option to buy a house later without the need for a realtor or traditional buying hassles and headaches.