Columbia, SC According to Zillow's Real Estate Market Report for December 2010, Columbia home values were down 2.4% compared to December 2009. While this statement is in the ball park, I find some of Zillow's local data to be laughable. In some instances I have seen their estimates on home values to be off by $40,000. If you really want an accurate local market valuation for a home, the property has to be compared to other similar properties. Comparing it to the rental houses that were trashed in the neighborhood a half mile down the road doesn't work. A good local Real Estate agent that is out there every day knows the area and will give you far better information on home values.
Terry Edwards New and Existing Home Sales
Russell & Jeffcoat Real Estate
Columbia Real Estate & Business Report