Metro area index
Home appreciation in the Columbus, IN metro area
FHFA HPI® data shows the Columbus, IN metro area's all-transactions index changed +3.6% over the year to Q2 2026, versus +4.6% for Indiana and +3.0% for the U.S. That ranks 181st of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +3.6%
- 5-year change
- +42.9%
- Since Q1 1995
- +197%
- Metro rank (1 year)
- 181st
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Columbus, IN vs Indiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Columbus, IN: 297.5
- Indiana: 319.8
- United States: 391.6
Appreciation by time window
| Window | Metro | IN | U.S. | Gap vs IN | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.6% | +4.6% | +3.0% | −1.0 pts | +0.6 pts |
| 3 years | +18.4% | +16.2% | +12.9% | +2.2 pts | +5.5 pts |
| 5 years | +42.9% | +46.7% | +41.3% | −3.8 pts | +1.6 pts |
| 10 years | +91.4% | +104% | +93.3% | −12.3 pts | −2.0 pts |
| Since Q1 1995 | +197% | +220% | +292% | −22.3 pts | −94.1 pts |
3-digit ZIP regions in the Columbus, IN area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 472 · Columbus, IN area | IN | +2.9% | +44.0% | +212% | 36% |
Boom, bust, and recovery in Columbus, IN area
Columbus, IN area's index peaked in Q1 2009, fell 5.1% to its low in Q2 2011, and regained its peak in Q3 2012, about 3.5 years after the top. Today it sits +107% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2009 | Q2 2011 | -5.1% | Q3 2012 (3.5 yrs) | +107% |
| IN | Q1 2008 | Q2 2011 | -7.3% | Q3 2015 (7.5 yrs) | +110% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Columbus, IN area's index has changed +34.4% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | IN after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -0.2% | +0.7% | -0.8% |
| 3 years | +9.8% | +7.8% | +5.8% | +2.8% |
| 5 years | +24.0% | +15.2% | +18.3% | +13.9% |
| 10 years | +39.1% | +37.6% | +46.4% | +39.0% |
| Since Q1 1995 | +121% | +34.4% | +44.5% | +76.8% |
If you bought in the Columbus, IN area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +192% | $875,027 |
| Q2 2000 | +158% | $774,620 |
| Q2 2005 | +124% | $671,260 |
| Q2 2010 | +115% | $646,087 |
| Q2 2015 | +95.3% | $585,898 |
| Q2 2020 | +59.8% | $479,420 |
| Q2 2021 | +42.9% | $428,646 |
| Q2 2023 | +18.4% | $355,214 |
| Q2 2025 | +3.6% | $310,868 |
Frequently asked questions
- How much have home prices risen in the Columbus, IN area?
- FHFA HPI® data for the Columbus, IN metro area shows changes of +3.6% over one year, +42.9% over five years, and +91.4% over ten years to Q2 2026, and +197% since Q1 1995.
- Is the Columbus, IN area beating the national average?
- Over the past year the metro's index moved +0.6 pts versus the U.S.; over five years the gap is +1.6 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.