$6,116 Closing Credit*
$515,000
3,773 SqFt
4 Beds
•3 Full Baths, 1 Partial
Richard Marouski, Listing Office: Weichert,REALTORS-Four Corners
Is Columbia, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Columbia was a Seller's Market.
Key Takeaway
Columbia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Columbia, CT
How much do homes in Columbia, CT cost?
Median Sold Price
$375,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$62,500(-14.3%)
Key Takeaway
Homes in Columbia have sold for 14.3% less than they did a year ago.
Summary: The median home sold price in Columbia was $375,000 in October 2024, down 14.3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $349K | $307.5K | -11.9% |
| 3 Bedrooms | $440K | $363K | -17.5% |
| 4 Bedrooms | $458.7K | $450K | -1.9% |
| 5+ Bedrooms | $660K | $418K | -36.7% |
Summary: Columbia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.9%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 36.7%.
Median Sold Price Compared To Nearby Cities
| Lebanon | $348K | $397.5K | +14.2% |
| Willimantic | $226.5K | $250K | +10.4% |
| Windham | $226.5K | $250K | +10.4% |
| Coventry | $330K | $350K | +6.1% |
| Columbia | $437.5K | $375K | -14.3% |
Housing Supply in Columbia, CT
How many homes are available in Columbia, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The Columbia real estate market had 17 homes for sale in October 2024, a 15.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Columbia housing inventory by bedroom type for October 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 23.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Columbia, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Columbia in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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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