Is Columbia County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Columbia County was a Seller's Market.
Housing Prices in Columbia County, NY
How much do homes in Columbia County, NY cost?
Median Sold Price
$472,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Columbia County was $472,000 in May 2024, up 5.2% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206K | $553.5K | +168.7% |
2 Bedrooms | $354.5K | $442.5K | +24.8% |
3 Bedrooms | $430K | $415K | -3.5% |
4 Bedrooms | $555K | $565K | +1.8% |
5+ Bedrooms | $550K | $750K | +36.4% |
Summary: Columbia County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 168.7%, 2 bedroom homes increased by 24.8%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 36.4%.
Median Sold Price Compared To Nearby Counties
Dutchess County | $395.8K | $425.3K | +7.5% |
Rensselaer County | $245.2K | $260.2K | +6.1% |
Columbia County | $448.6K | $472K | +5.2% |
Greene County | $345K | $300K | -13.0% |
Housing Supply in Columbia County, NY
How many homes are available in Columbia County, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
151 | 192 | +27.2% |
Summary: The Columbia County real estate market had 192 homes for sale in May 2024, a 27.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 29 | 30 | +3.4% |
3 Bedrooms | 69 | 82 | +18.8% |
4 Bedrooms | 30 | 44 | +46.7% |
5+ Bedrooms | 21 | 34 | +61.9% |
Summary: The Columbia County 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 3.4%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 61.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Columbia County in May 2024, the same as the previous month. Of the 17 sold homes, 59% were sold under asking, 12% were sold at asking, and 29% were sold over asking.
Days on Market for Columbia County, NY
How long does it take to sell a home in Columbia County, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 77 Days | +116.7% |
Summary: Homes in Columbia County had an average of 77 days on market in May 2024, up by 116.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Columbia County; 47% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.