Is Columbus North, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus North is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Columbus North has remained a Seller's Market.

Key Takeaway

Columbus North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Columbus North, GA

How much do homes in Columbus North, GA cost?

Median Sold Price

$325,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$27,000(+9.1%)

Key Takeaway

Homes in Columbus North have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Columbus North was $325,000 in May 2024, up 9.1% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $116.5K-
N/A
2 $169.6K$184K
+8.5%
3 $213K$229.4K
+7.7%
4 $333.2K$355K
+6.5%
5+ $522.4K$451K
-13.7%

Summary: Columbus North housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 13.7%.

Median Sold Price Compared To Nearby Cities

Cataula
+43.0%
Columbus North
+9.1%
Columbus
+2.7%
Midland
+2.4%

Housing Supply in Columbus North, GA

How many homes are available in Columbus North, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4748+2.1%

Summary: The Columbus North real estate market had 48 homes for sale in May 2024, a 2.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1716
-5.9%
4 2323
0.0%
5+ 58
+60.0%

Summary: The Columbus North 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 decreased by 50%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1015+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus North, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Columbus North in May 2024, up by 50.0% month-over-month. Of the 14 sold homes, 14% were sold under asking, 50% were sold at asking, and 36% were sold over asking.

Days on Market for Columbus North, GA

How long does it take to sell a home in Columbus North, GA?

Average Sale Time

May 2023May 2024CHANGE
54 Days49 Days-8.8%

Summary: Homes in Columbus North had an average of 49 days on market in May 2024, down by 8.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Columbus North are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 15 homes were sold in Columbus North; 60% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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