Lake Columbia Home Listed at $1.75M on Private Land
Market Analysis and Current Pricing Landscape Nearly every market indicator suggests that the $1.75 million Lake Columbia listing is priced at a premium. Columbia's broader real estate scene has median home prices around $300,000 as of early 2025. Market trends show steady appreciation rates of 4-6% in Columbia's residential sector. However, luxury properties near Lake Columbia have significantly higher valuations. This is due to limited waterfront availability and exclusive amenities. Rising construction costs could further impact the affordability of new luxury developments near Lake Columbia, potentially driving existing property valuations even higher. With a current 3.5-month inventory supply, conditions favor sellers, especially in premium segments. These segments attract high-net-worth individuals looking for distinctive properties. Popular neighborhoods like Forest Acres and Shandon continue drawing affluent buyers. Elevated mortgage rates of 6-7% have not diminished ...