Is Columbus, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Columbus has remained a Seller's Market.
Key Takeaway
Columbus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbus, GA
How much do homes in Columbus, GA cost?
Median Sold Price
$190,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Columbus have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Columbus was $190,000 in May 2024, up 2.7% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $20K | -63.6% |
| 2 Bedrooms | $43.5K | $81K | +86.2% |
| 3 Bedrooms | $160K | $151.2K | -5.5% |
| 4 Bedrooms | $269.9K | $303.5K | +12.4% |
| 5+ Bedrooms | $445.7K | $449.2K | +0.8% |
Summary: Columbus housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.6%, 2 bedroom homes increased by 86.2%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in Columbus, GA
How many homes are available in Columbus, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 127 | 138 | +8.7% |
Summary: The Columbus real estate market had 138 homes for sale in May 2024, a 8.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 65 | 70 | +7.7% |
| 4 Bedrooms | 41 | 41 | 0.0% |
| 5+ Bedrooms | 5 | 10 | +100.0% |
Summary: The Columbus housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 33 | +26.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbus, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in Columbus in May 2024, up by 26.9% month-over-month. Of the 28 sold homes, 39% were sold under asking, 43% were sold at asking, and 18% were sold over asking.
Days on Market for Columbus, GA
How long does it take to sell a home in Columbus, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 33 Days | 53 Days | +59.5% |
Summary: Homes in Columbus had an average of 53 days on market in May 2024, up by 59.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Columbus are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 33 homes were sold in Columbus; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.