The housing market in Columbiana continues to see strong price appreciation, with values up 46.6% compared to last year. Home prices have increased 4.5% in the past month alone. With 30 active listings, inventory is 88% higher than seasonal norms. Transaction volume is up 100% compared to what's typically expected this time of year. A significant 26.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 41.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Columbiana market with the affordability index at 361.7. Based on current market indicators, home prices in Columbiana are projected to increase by approximately 5.9% over the next month.
Columbiana, AL has a total population of 4,453 residents. The area is predominantly White (68.8%), African American residents comprise 26.4% of the community. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Columbiana, AL.
Crime analysis for Columbiana, AL shows 35 total incidents across all categories. The most prevalent crime type is Property Crime (62.9% of all incidents). This is followed by Assault at 31.4%. The crime rate in Columbiana, AL is very low, with violent crimes being more common than property crimes. This suggests Columbiana, AL is generally a safe area for residents and visitors.
Market predictions for Columbiana, AL show relatively stable home prices with minimal change (-1.7%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in Columbiana, AL is approximately $293,751.727. The stable price trend suggests a balanced market in Columbiana, AL, suitable for both buyers and sellers.
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