Is Columbus County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus County is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Columbus County was a Seller's Market.

Key Takeaway

Columbus County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Columbus County, NC

How much do homes in Columbus County, NC cost?

Median Sold Price

$219,900

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$21,575(+10.9%)

Key Takeaway

Homes in Columbus County have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Columbus County was $219,900 in May 2024, up 10.9% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $162.5K$157K
-3.4%
2 $110K$143.5K
+30.5%
3 $180K$219K
+21.7%
4 $297.9K$298.5K
0.2%
5+ $342.3K$305K
-10.9%

Summary: Columbus County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 30.5%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 10.9%.

Median Sold Price Compared To Nearby Counties

Columbus County
+10.9%
Brunswick County
+7.4%
Robeson County
+6.6%
Bladen County
+5.1%
Horry County
+1.8%

Housing Supply in Columbus County, NC

How many homes are available in Columbus County, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
142150+5.6%

Summary: The Columbus County real estate market had 150 homes for sale in May 2024, a 5.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 1422
+57.1%
3 9291
-1.1%
4 2626
0.0%
5+ 911
+22.2%

Summary: The Columbus County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 57.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2217-22.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus County, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Columbus County in May 2024, down by 22.7% month-over-month. Of the 17 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.

Days on Market for Columbus County, NC

How long does it take to sell a home in Columbus County, NC?

Average Sale Time

May 2023May 2024CHANGE
66 Days68 Days+2.6%

Summary: Homes in Columbus County had an average of 68 days on market in May 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 17 homes were sold in Columbus County; 41% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 41% 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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