5 Bedroom Homes for Sale in Columbia, TN

5 Bedroom Homes for Sale in Columbia, TN May 19, 2024
86
Listed
89
Avg. DOM
$227.49
Avg. $ / Sq.Ft.
$513,121
Med. List Price
86 Properties
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Introduction: Discover 5-Bedroom Homes in Columbia, TN

Welcome to Columbia, Tennessee, a city renowned for its blend of historical charm and modern convenience, making it a perfect spot for finding your dream home. As you explore the possibilities of settling down here, consider the spaciousness and versatility of a 5-bedroom home. Ideal for families, remote workers needing office space, or those who love to entertain, these homes offer ample room to grow and thrive. Columbia’s real estate market is vibrant, with a variety of options that cater to different tastes and budgets, all while offering the welcoming community vibe this city is known for.

Columbia 5 bedrooms Home

Overview of Columbia's Real Estate Market

Current Market Conditions

In recent years, Columbia’s real estate market has shown robust growth, reflecting broader trends in Middle Tennessee. Currently, the average price of residential properties in Columbia stands at around $350,000, with homes typically spending about 35 days on the market—a decrease from previous years, indicating a strong seller's market. The demand for larger homes, especially those with five bedrooms, has increased as more buyers seek additional space for home offices and extended family living.

Architectural Styles and Home Features

The architectural landscape in Columbia is diverse, offering everything from historic antebellum homes to modern new constructions. Five-bedroom homes in the area typically range from 2,500 to over 4,000 square feet, sitting on generous lot sizes that average about half an acre. Common architectural styles include Craftsman, Contemporary, and Traditional, with features like hardwood floors, open-plan kitchens, and energy-efficient upgrades. Many homes also boast outdoor living spaces with features such as covered patios, outdoor kitchens, and fire pits, perfect for enjoying Tennessee’s beautiful seasons.

Home Age and Construction Quality

Age of homes in Columbia varies widely. In historic districts, you might find properties dating back to the early 1900s, meticulously maintained or beautifully restored. On the other end of the spectrum, several new development projects offer brand new constructions equipped with modern amenities and built with the latest energy-efficient materials. These newer homes often feature advanced home technologies, including smart home systems for security, temperature control, and lighting.

Average Price Range of 5-Bedroom Homes

The financial aspect of buying a home in Columbia is a vital consideration for many potential homeowners. For those in the market for a 5-bedroom home, expect to encounter a broad range of prices influenced by factors like location, age, and upgrades. Generally, prices start around $280,000 for older models needing renovations and can soar up to $600,000 or more for newly constructed or extensively upgraded homes. The middle bracket, where most sales occur, typically ranges from $350,000 to $450,000, providing a variety of choices in both suburban and rural settings.

Columbia 5 bedrooms Homes

Comparison with Nearby Markets

Columbia vs. Franklin

When compared to nearby Franklin, Columbia often presents a more affordable option. The average price for a 5-bedroom home in Franklin can start from $750,000, significantly higher due to its proximity to Nashville and more upscale developments. Columbia offers similar home styles and community vibes but at price points that are more accessible to a broader range of buyers.

Columbia vs. Spring Hill

Spring Hill, another nearby city, shares several similarities with Columbia but tends to feature slightly higher prices for similar property types, starting around $400,000 for 5-bedroom homes. However, Spring Hill is closer to major employment centers, which can be a crucial factor for some homebuyers. Despite this, Columbia remains competitive by offering lower property taxes and a more relaxed pace of life, which can be very appealing to families looking for a balance between urban accessibility and rural charm.

Historical Data on Home Sales in Columbia

Long-Term Trends

Over the past decade, Columbia has seen a consistent rise in the value of residential properties, including 5-bedroom homes. From 2010 to 2020, the average sale price of such homes increased by approximately 40%, highlighting the area's growing appeal and investment potential. Notably, the appreciation rate has outpaced several other regions in Tennessee, making Columbia an attractive spot for both real estate investors and families looking to establish roots in a thriving community.

Columbia TN 5 bedrooms Homes

Recent Sales and Market Dynamics

In the last year alone, the demand for larger homes in Columbia has surged, partly due to shifting homebuyer priorities towards more spacious living environments. This trend has reduced the average time on market for 5-bedroom homes from 50 days to around 35 days. Prices have responded accordingly, with the last quarter showing a 5% increase in median sale prices compared to the previous year. This data points to a robust market that is likely to continue its upward trajectory, making now a good time to consider a purchase.

Best Neighborhoods for 5-Bedroom Homes

Top Communities

When searching for a 5-bedroom home in Columbia, several neighborhoods stand out due to their popularity and the quality of life they offer. Communities like Oakwood, with its picturesque streets and proximity to top-rated schools, and Riverside, known for its riverside parks and family-friendly atmosphere, are highly sought after. These areas not only offer beautiful homes but also a sense of community that is hard to find elsewhere.

Amenities and Lifestyle

These premier neighborhoods are complemented by a range of amenities including access to recreational facilities, shopping centers, and public parks. For instance, homes in the Sunnyside neighborhood often come with community pool access and are within walking distance of local boutiques and eateries, blending convenience with quality living. Additionally, these neighborhoods host various annual events that foster community spirit and make Columbia a charming place to call home.

Schools and Educational Opportunities

Local School Information

Columbia offers a range of educational options that cater to different needs and preferences. The public schools in Columbia, like Columbia Central High School and Riverside Elementary, are part of the Maury County Public Schools system and are known for their commitment to academic excellence and a robust array of extracurricular activities. For families considering private education, Agathos Classical School offers a curriculum focused on classical education with a Christian worldview, accommodating students from kindergarten through twelfth grade.

Special Programs and Ratings

Several schools in Columbia are recognized for special programs such as STEM (Science, Technology, Engineering, and Mathematics), arts, and advanced placement courses that prepare students for college-level work. For instance, Columbia Central High School offers an Advanced Placement program where students can earn college credits in subjects like Calculus, Biology, and U.S. History. Schools in Columbia have an average GreatSchools rating of 6, reflecting a strong commitment to student achievement and teacher excellence.

Property Taxes and Additional Ownership Costs

Understanding Property Taxes

In Columbia, property tax rates are favorable compared to the national average, with the current rate set at approximately $2.53 per $100 of assessed value. For a home valued at $350,000, annual property taxes would be around $2,200, making it an affordable option for many families. This lower tax burden can significantly affect the overall affordability of owning a larger home in the area.

Additional Costs of Homeownership

Beyond the purchase price and property taxes, potential homeowners should consider other costs associated with owning a 5-bedroom home in Columbia. These might include higher utility costs due to the larger square footage, as well as maintenance and upkeep expenses. Homeowners association (HOA) fees are also common in many of the planned communities and can range from $20 to $100 monthly, covering amenities like community pools, fitness centers, and common area maintenance.

Living in Columbia: Lifestyle and Amenities

Cultural Attractions and Recreation

Columbia is not only about comfortable living spaces but also about enriching lifestyle opportunities. The city boasts a variety of cultural attractions such as the annual Mule Day festival, which draws visitors from across the region with its parade, crafts, and traditional events. For outdoor enthusiasts, the nearby Chickasaw Trace County Park offers over 8 miles of mountain biking trails and the scenic Duck River is perfect for kayaking and fishing. These amenities provide residents with plenty of options to relax, explore, and enjoy the outdoors.

Community Events and Social Life

The social fabric of Columbia is vibrant and welcoming. The city hosts numerous community events throughout the year that cater to all ages and interests, from the Columbia Arts Council’s exhibitions and performances to the seasonal farmers' market that showcases local produce and artisan products. These events are great for socializing and getting to know your neighbors, reinforcing the strong sense of community that defines Columbia.

Summary

This guide to 5-bedroom homes in Columbia, TN, highlights everything from the vibrant real estate market to the rich lifestyle and educational opportunities the city offers. Whether you are drawn by the historical homes, the modern constructions, or the charming neighborhoods, Columbia provides a compelling mix of affordability, amenities, and quality living. With its diverse architectural styles, competitive property prices, and community-focused living, Columbia is an excellent choice for anyone looking to purchase a spacious home in a thriving, dynamic community.