The story of this market
The typical home in ZIP 38401 sells for about $443,000, or $185 per square foot.
Prices are down 5.2% from a year ago, which gives buyers more room to negotiate. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,187 a month.
ZIP 38401 — Columbia
The 38401 housing market is showing signs of stabilization after a period of rapid price appreciation. While year-over-year prices have dipped slightly, the market remains competitive with a healthy supply of active listings. Buyers are finding more leverage than in previous years, as evidenced by the increase in days on market and the prevalence of price cuts.
This ZIP is well-suited for families and commuters seeking a balance between suburban affordability and access to the Nashville metro area. It attracts buyers looking for new construction and established neighborhoods with a small-town feel.
Median prices moved down 5.2% year over year.
Homes spend a median of 78 days on market with 6.2 months of supply — a balanced-paced market.
22% of listings have cut prices · homes sell at 98.68% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 11.6% — 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 9.4%/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 8.8%/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 38401, Maury County TN
Crime rates in Columbia are generally consistent with regional averages for Maury County, though specific neighborhood variations exist. Local law enforcement maintains active community outreach programs to address property and violent crime trends.
Schools serving the 38401 area are part of the Maury County Public Schools system, which provides a mix of traditional and magnet-style educational options. Performance ratings vary by individual campus, with several schools undergoing facility upgrades to accommodate population growth.
The area is subject to standard Tennessee weather risks, including seasonal severe thunderstorms and occasional high winds. Flood risk is localized primarily to areas near the Duck River, and property insurance premiums are influenced by regional storm-damage history.
Columbia is experiencing significant economic momentum driven by its proximity to the Nashville metro area and major industrial investments in Maury County. Infrastructure expansion is ongoing to support residential development and the influx of new corporate residents.
Property taxes are assessed by Maury County based on the appraised value of real property, with rates determined by the county commission and city council. There are no state-level personal income taxes on wages, though local jurisdictions utilize property tax levies to fund municipal services and school districts.
Commuters primarily utilize I-65 and US-31 to access the Nashville employment core, with average commute times reflecting the distance to the regional hub. Public transit options are limited, making personal vehicle ownership essential for most residents.
The area features access to the Duck River for water-based recreation, along with several municipal parks and greenways. Shopping and dining are concentrated in the historic downtown Columbia district and along the major commercial corridors.
The rental market is currently experiencing a slight cooling in price growth, with vacancy rates remaining stable. Investor interest is high due to the area's population growth, though short-term rental regulations are strictly monitored by local authorities.
The local economy is anchored by manufacturing, healthcare, and retail sectors, with significant employment ties to the broader Nashville regional economy. Recent industrial growth in Maury County has diversified the local job base.
Transportation is heavily reliant on the I-65 corridor, which serves as the primary artery for regional travel. Local infrastructure projects are focused on widening key arterial roads to manage increased traffic volume.
Development is concentrated in the northern and eastern fringes of the ZIP, with several large-scale residential subdivisions currently in the planning or construction phase.
The Maury County Assessor of Property maintains a cyclical reappraisal program to ensure assessments reflect current market values.
Parcels in this ZIP are subject to Maury County property taxes and may fall within specific utility districts for water and sewer services.
Property insurance premiums are stable but reflect the regional risk profile for severe weather events common to Middle Tennessee.
Tennessee continues to see strong net domestic migration, with Maury County serving as a primary destination for those relocating from higher-cost urban centers.
Tennessee is a non-judicial foreclosure state, allowing for a streamlined process that typically requires a notice of default and a public auction.
Sellers are required to provide a residential property disclosure statement, though the state provides specific exemptions for certain types of transfers.
Data retrieved from Census Reporter and 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.
Features extensive mountain biking trails and river access.
Large community park with sports fields and event facilities.
The central hub for local retail, dining, and community events.
Key-figure check: median price diverges 16.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $370,000 (-16.5% vs the prior refresh cycle) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.