Is Columbia County, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia County is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$23,361(+5.2%)

Key Takeaway

Homes in Columbia County have sold for 5.2% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $206K$553.5K
+168.7%
2 $354.5K$442.5K
+24.8%
3 $430K$415K
-3.5%
4 $555K$565K
+1.8%
5+ $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
+7.5%
Rensselaer County
+6.1%
Columbia County
+5.2%
Greene County
-13.0%

Housing Supply in Columbia County, NY

How many homes are available in Columbia County, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
151192+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

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 2930
+3.4%
3 6982
+18.8%
4 3044
+46.7%
5+ 2134
+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 2024May 2024CHANGE
17170.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia County, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

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 2023May 2024CHANGE
35 Days77 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

Newest Listings in Columbia County, NY

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