Market Report · Updated May 2026
Columbia Cash Home Buyer Report — May 2026
We ranked every Columbia ZIP code in our buy-box by gross rental yield. The table below shows the 16 highest-yield ZIPs — these are the markets where Oxbow is most actively making cash offers right now.
Columbia Snapshot
Across 16 Columbia ZIP codes, home values range from $133,852 to $297,112. The average gross rental yield (annual rent ÷ home value) is 8.3%, which is the key metric we use to identify cash-friendly markets — higher yield means a stronger investor exit, which means we can pay more for your home.
Top 16 Columbia ZIPs by Yield
Ranked by gross rental yield (annual rent ÷ median home value). All data sourced from Zillow Research (ZHVI + ZORI), May 2026. Click any ZIP to get a cash offer on a property there.
| Rank | ZIP | City | Median Value | Median Rent | Gross Yield | |
|---|---|---|---|---|---|---|
| 1 | 29203 | Columbia, SC | $133,852 | $1,325/mo | 11.9% | Cash offer → |
| 2 | 29061 | Hopkins, SC | $198,096 | $1,863/mo | 11.3% | Cash offer → |
| 3 | 29169 | West Columbia, SC | $226,763 | $1,662/mo | 8.8% | Cash offer → |
| 4 | 29073 | Lexington, SC | $257,355 | $1,869/mo | 8.7% | Cash offer → |
| 5 | 29033 | Cayce, SC | $208,260 | $1,514/mo | 8.7% | Cash offer → |
| 6 | 29078 | Lugoff, SC | $255,913 | $1,831/mo | 8.6% | Cash offer → |
| 7 | 29201 | Columbia, SC | $241,405 | $1,694/mo | 8.4% | Cash offer → |
| 8 | 29229 | Columbia, SC | $268,140 | $1,779/mo | 8% | Cash offer → |
| 9 | 29204 | Columbia, SC | $192,074 | $1,283/mo | 8% | Cash offer → |
| 10 | 29209 | Columbia, SC | $228,052 | $1,489/mo | 7.8% | Cash offer → |
| 11 | 29223 | Columbia, SC | $224,161 | $1,436/mo | 7.7% | Cash offer → |
| 12 | 29063 | Irmo, SC | $275,605 | $1,757/mo | 7.6% | Cash offer → |
| 13 | 29210 | Columbia, SC | $208,482 | $1,267/mo | 7.3% | Cash offer → |
| 14 | 29170 | Springdale, SC | $245,131 | $1,446/mo | 7.1% | Cash offer → |
| 15 | 29045 | Elgin, SC | $297,112 | $1,727/mo | 7% | Cash offer → |
| 16 | 29212 | Columbia, SC | $285,596 | $1,475/mo | 6.2% | Cash offer → |
How We Use This Data
At Oxbow Home Solutions, we make cash offers in markets where the math works for both sides. A higher gross rental yield means investors — our typical exit buyers — can hit their target return at a higher acquisition price. That lets us pay more for your home than we could in a low-yield market.
This report is part of our free seller resources. It updates monthly from public Zillow Research data, so the numbers stay current. If you own a home in any of the ZIPs listed above, we are actively buying — request a cash offer and we will respond within 24 hours.
Sources & Methodology
- Home values: Zillow Home Value Index (ZHVI), single-family residential, mid-tier (0.33-0.67), seasonally adjusted, smoothed. zillow.com/research/data/
- Rents: Zillow Observed Rent Index (ZORI), single-family + condo + multi-family blend, seasonally adjusted, smoothed.
- Filter: ZIP must have median home value in our buy-box range and median rent of $1,000+/month.
- Yield calculation: (Median rent × 12) ÷ Median home value. Gross yield, before taxes/insurance/maintenance.
- Updated: May 2026. We regenerate this report whenever Zillow ships their monthly data refresh (typically the 16th of each month).
Own a home in Columbia?
Get a fair cash offer in 24 hours. No repairs, no commissions, no fees.