College Park, Columbia, TN Homes for Sale

College Park, Columbia, TN Homes for Sale March 1, 2024
28
Listed
78
Avg. DOM
$217.16
Avg. $ / Sq.Ft.
$336,873
Med. List Price
28 Properties
Page 1 of 3

Introduction to College Park, Columbia, TN Real Estate

Welcome to College Park, a charming and rapidly evolving neighborhood in Columbia, TN. This area has recently caught the eye of many homebuyers due to its unique blend of suburban tranquility and easy access to urban amenities. College Park offers a diverse range of housing options, catering to different lifestyles and budgets. Whether you're looking for a cozy starter home or a spacious family residence, you'll find that College Park has something special to offer.

College Park Homes

Why College Park is Gaining Popularity

The rise in popularity of College Park can be attributed to several factors. Firstly, its location in Columbia, TN, places it within a comfortable commuting distance to major employment centers, while still maintaining a peaceful, community-focused atmosphere. Additionally, the area boasts a variety of local amenities, including parks, shops, and restaurants, making it an attractive option for those seeking a balanced lifestyle.

Recent Trends in College Park's Real Estate Market

The real estate market in College Park, Columbia, TN, has been showing exciting dynamics recently. With a growing interest from homebuyers, the market has seen a noticeable uptick in activity.

Current Market Trends

In recent months, College Park has experienced a surge in demand for homes, reflecting broader trends in the Columbia area. This demand is driven by a mix of local residents looking to upgrade and newcomers attracted by the area's amenities and lifestyle. The result has been a competitive market, with homes often receiving multiple offers shortly after listing.

While prices have been on the rise, they still compare favorably to those in larger cities, offering good value for homebuyers. The variety of homes available, from charming historic properties to modern constructions, caters to a wide range of preferences and budgets.

Comparative Market Analysis

When compared to other regions in Tennessee and nationally, College Park stands out for its unique blend of affordability, community feel, and investment potential. While the appreciation rates in Columbia have been slightly lower than some other areas in Tennessee, the stability and growth prospects of the market make it an attractive choice for both first-time buyers and seasoned investors. The median home value in Columbia, TN, stands at around $325,901, showcasing the area's accessibility for a broad spectrum of buyers.

Median Home Values and Appreciation Rates

The real estate market in Columbia, TN, including the College Park area, has seen interesting trends in median home values and appreciation rates. As of recent data, the median home value in Columbia stands at approximately $345,721. This figure gives potential homebuyers a good sense of what to expect when entering the market. It's worth noting that while these values represent an average, there can be significant variation depending on the specific neighborhood and property type.

College Park Homes

Understanding Home Appreciation

Home appreciation rates are a vital indicator of the real estate market's health and can vary greatly from one neighborhood to another. While Columbia's overall appreciation rates have been somewhat lower than other areas in Tennessee, this can differ significantly within the city. Homebuyers and investors should consider these rates as they provide insight into the potential long-term value of properties in College Park.

Detailed Look at Recent Property Sales

Recent property sales in College Park and Columbia offer a practical perspective on the current market conditions. For instance, a property at 807 Athenaeum St sold for $530,000, featuring 6 bedrooms, 2.5 baths, and 3,275 sq ft. Another sale at 315 Lookout Dr closed at $402,500 with 4 bedrooms, 3.5 baths, and 2,728 sq ft. These sales highlight the diversity in property types and sizes available in the area, catering to a wide range of buyer needs.

Market Competitiveness and Sale-to-List Price Ratio

The Columbia real estate market, including College Park, is somewhat competitive. Homes here, on average, sell for about 1% below the list price and typically go pending in around 49 days. This level of competitiveness indicates a relatively balanced market, offering opportunities for both buyers and sellers. The sale-to-list price ratio in Columbia currently stands at 98.8%, reflecting the close alignment between listing prices and final sale prices.

Architectural Styles and Home Designs in College Park

College Park in Columbia, TN, reflects a rich variety of architectural styles that cater to a wide range of tastes. Predominant styles include sprawling ranch estates and cozy Craftsman-style homes. These designs resonate with the traditional aesthetics of Tennessee, offering a perfect blend of modern and classic elements. The ranch-style homes are known for their spacious, single-story layouts, while Craftsman homes are cherished for their attention to detail and use of natural materials.

College Park Homes

Features of Popular Home Styles

Ranch homes in College Park typically feature open floor plans, large windows, and an integration of indoor and outdoor living spaces, ideal for families looking for both comfort and functionality. On the other hand, Craftsman-style homes are distinguished by their handcrafted aesthetics, including exposed beams, custom-built cabinetry, and decorative woodwork, making each house unique.

Property Sizes and Lot Features

The homes in College Park vary not only in style but also in size and lot features. Properties range from modest-sized homes to larger estates, providing options for different family sizes and budgets. Average home sizes can range from 1,500 to over 3,000 square feet, catering to both small and large families.

Outdoor Spaces and Landscaping

Many homes in College Park boast spacious yards, with some properties featuring well-maintained lawns, gardens, and outdoor entertainment areas. These outdoor spaces often include patios or decks, providing a perfect setting for relaxation and social gatherings. The emphasis on landscaping and outdoor aesthetics adds to the overall charm and appeal of the neighborhood.

Local Amenities and Neighborhood Characteristics

College Park in Columbia, TN, offers a vibrant mix of amenities that contribute to its appealing lifestyle. The neighborhood is known for its blend of suburban tranquility with convenient access to urban amenities. You'll find a variety of shopping centers, parks, and recreational areas within close proximity, providing residents with a comfortable and convenient living experience.

Highlights of the Community

The community is characterized by a range of residential options, from small and medium-sized single-family homes to mobile homes. Many residences in the area are older, well-established homes built between 1940 and 1969, alongside those constructed between 1970 and 1999. This blend of old and new adds a unique character to the neighborhood. The area is also appealing for its mix of owner-occupied and rental properties, providing options for both homeowners and renters.

Educational Opportunities and School District Information

Education is a cornerstone of the College Park community. Local schools such as J. R. Baker Elementary School, Whitthorne Middle School, and Columbia Central High School serve the area. These schools provide educational opportunities from pre-kindergarten through high school. The diversity in educational institutions ensures that families in College Park have access to a range of learning environments suitable for different age groups and educational needs.

Community and School Engagement

In College Park, the involvement in local schools is evident. The neighborhood's schools offer various programs and activities that encourage student engagement and community participation. This active involvement in education contributes to the family-friendly atmosphere of the area, making it an attractive place for families looking for a community that supports educational growth and development.

Commuting and Connectivity in College Park

Residents of College Park, Columbia, TN, enjoy various commuting options that cater to different preferences. The area is served by the South Central Tennessee Development District Public Transportation (SCTDD), which offers a range of services including the Mule Town Trolley and SCATS Routes. These services provide convenient transportation options for residents within Maury County and neighboring areas.

Mule Town Trolley and SCATS Routes

The Mule Town Trolley offers deviated fixed-route trolley services throughout the Columbia area, including Mt. Pleasant and Spring Hill. It operates on four regular routes, ensuring frequent and reliable connectivity within the community. Additionally, the SCATS routes provide multi-county, fixed-route services, connecting various county locations and catering to the broader commuting needs of the residents.

Looking Forward: Predictions for College Park's Real Estate Future

Looking ahead, College Park's real estate market shows promise for continued growth and stability. The diversity in housing options, coupled with the area's amenities and strong community focus, positions College Park as a desirable location for potential homebuyers. Future developments and enhancements in public transportation and local infrastructure are likely to further boost the area's appeal, making it an attractive investment for both homeowners and real estate investors.

Summary

College Park in Columbia, TN, stands out as a neighborhood offering a unique blend of suburban charm and urban convenience. Its diverse architectural styles, varying property sizes, and commitment to educational growth make it an ideal location for families and individuals alike. With a stable real estate market and promising future developments, College Park represents a noteworthy opportunity for those looking to invest in a vibrant and growing community.