$3,563 Closing Credit*
$300,000
1,968 SqFt
3 Beds
•1 Full Bath, 1 Partial
Christopher Grant, Listing Office: Christopher F. Grant Broker
Is Columbia, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Columbia has remained a Seller's Market.
Key Takeaway
Columbia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbia, CT
How much do homes in Columbia, CT cost?
Median Sold Price
$390,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$45,000(-10.3%)
Key Takeaway
Homes in Columbia have sold for 10.3% less than they did a year ago.
Summary: The median home sold price in Columbia was $390,000 in November 2024, down 10.3% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $378K | $328K | -13.2% |
| 3 Bedrooms | $437.5K | $375K | -14.3% |
| 4 Bedrooms | $492.5K | $455K | -7.6% |
| 5+ Bedrooms | $344K | $418K | +21.5% |
Summary: Columbia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.2%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Cities
| Lebanon | $340K | $400K | +17.6% |
| Willimantic | $229K | $253.5K | +10.7% |
| Coventry | $325K | $359K | +10.5% |
| Windham | $230K | $251K | +9.1% |
| Columbia | $435K | $390K | -10.3% |
Housing Supply in Columbia, CT
How many homes are available in Columbia, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 19 | +5.6% |
Summary: The Columbia real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Columbia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbia, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Columbia in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Columbia, CT
We’re sorry, we don't have information for this market at the moment
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