The story of this market
The typical home in ZIP 29206 sells for about $413,000, or $215 per square foot.
Prices are up +10.8% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,300 a month.
ZIP 29206 — Columbia
The 29206 housing market is experiencing strong demand with a 10.8% year-over-year increase in median listing prices. Inventory levels are rising, yet the market remains competitive with a median of 36 days on market. The area's central location and high income households continue to drive property value appreciation.
This ZIP is well-suited for family buyers and professionals who value proximity to downtown Columbia and established neighborhoods with mature landscaping and diverse housing stock.
Median prices moved up 10.8% year over year.
Homes spend a median of 36 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 12.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 29206, Richland County, SC
Crime trends in the 29206 area are generally consistent with urban Columbia, with localized variations in safety; regional comparisons suggest it remains a central hub with typical metropolitan crime density.
The area is served by Richland School District One, which offers a mix of public school options; school quality is generally characterized as moderate with specific magnet programs available.
The area is subject to standard South Carolina climate risks, including potential for heavy rainfall and localized flooding; property insurance premiums are influenced by regional storm exposure.
Economic momentum is driven by proximity to downtown Columbia, the University of South Carolina, and major healthcare employers; development is characterized by infill projects and residential revitalization.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (South Carolina) — Property Tax Assessment Ratio: Property tax is calculated by multiplying the fair market value by an assessment ratio, then applying the local millage rate. The assessment ratio is 4% for owner-occupied legal residences and 6% for other real property.
Residents benefit from direct access to I-77 and I-20, providing efficient transit to the Columbia employment core and surrounding suburban hubs.
The area features proximity to Forest Lake, various community parks, and the shopping districts along Forest Drive, offering a mix of outdoor and retail amenities.
The rental market shows steady demand with a focus on 2-bedroom units; vacancy pressure remains low due to the area's central location and proximity to major institutions.
The economy is anchored by the state government, the University of South Carolina, and major regional healthcare systems, providing a stable employment base.
The area is well-connected by major highway corridors including I-77 and I-20, facilitating regional mobility.
Development pipeline is focused on urban infill and the modernization of existing commercial corridors.
Richland County Assessor maintains property valuations based on periodic reassessment cycles.
Parcels are subject to Richland County school district taxes and municipal service fees.
Property insurance market is stable but sensitive to regional weather-related risk factors.
Net domestic migration to South Carolina remains positive, contributing to sustained housing demand.
South Carolina is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a residential property condition disclosure statement to buyers.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Frankie's of Columbia4.411.9 mi
- EdVenture4.55.5 mi
- Dave & Buster's Columbia4.211.8 mi
- Surge Adventure Park4.45.9 mi
- Palmetto Falls Water Park4.41.6 mi
- Colonial Life Arena4.64.9 mi
- Williams-Brice Stadium4.65 mi
- South Carolina State Fair4.34.9 mi
- Frankie's of Columbia4.411.9 mi
- Golden Corral Buffet & Grill4.10.4 mi
- Riverbanks Zoo & Garden4.76.6 mi
- U.S. Army Basic Combat Training Museum4.71.3 mi
- South Carolina State Museum4.75.4 mi
- Frankie's of Columbia4.411.9 mi
- Sesquicentennial State Park4.65.2 mi
- Harry Hampton Visitor Center4.715.6 mi
- U.S. Army Basic Combat Training Museum4.71.3 mi
- South Carolina State Museum4.75.4 mi
- Sesquicentennial State Park4.65.2 mi
- EdVenture4.55.5 mi
- Sesquicentennial State Park4.65.2 mi
- Saluda Shoals Park4.712.9 mi
- Columbia Canal and Riverfront Park4.75.5 mi
- Saluda Riverwalk4.97.1 mi
- Market On Main4.74.5 mi
- Jakes Landing4.415.2 mi
- Lighthouse Marina4.719.1 mi
- Columbia Sailing Club4.715.6 mi
- Lake Murray Marina4.618 mi
- Nautical Boat Club - Irmo4.817.9 mi
- Fort Jackson Golf Club4.43 mi
- Charwood Golf Club411.7 mi
- Linrick Golf Course4.211.3 mi
- Forest Lake Club4.60.1 mi
- The Windermere Club4.110.4 mi
- Columbiana Centre4.411.9 mi
- Publix Super Market at Gervais Place4.55.2 mi
- Fort Jackson Post Exchange4.51 mi
- US 1 Metro Flea Market4.310.6 mi
- South Carolina State Farmers Market4.510.1 mi
- Columbia Metropolitan Airport4.411 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent local water feature serving as a focal point for the community.
Major commercial corridor providing extensive dining and retail options.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).