$110,000
8.14 Acres
Land
Michael Campos, Listing Office: Durham Sears Real Estate
Is Columbus, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Columbus has remained a Seller's Market.
Key Takeaway
Columbus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbus, GA
How much do homes in Columbus, GA cost?
Median Sold Price
$190,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+2.7%)
Key Takeaway
Homes in Columbus have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Columbus was $190,000 in October 2024, up 2.7% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $20K | -63.6% |
| 2 Bedrooms | $62K | $75K | +21.0% |
| 3 Bedrooms | $155K | $161K | +3.9% |
| 4 Bedrooms | $275K | $289.9K | +5.4% |
| 5+ Bedrooms | $448.6K | $474.9K | +5.9% |
Summary: Columbus housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.6%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Columbus | $185K | $190K | +2.7% |
| Columbus East | $161K | $160K | -0.6% |
Housing Supply in Columbus, GA
How many homes are available in Columbus, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 160 | 175 | +9.4% |
Summary: The Columbus real estate market had 175 homes for sale in October 2024, a 9.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 75 | 81 | +8.0% |
| 4 Bedrooms | 58 | 63 | +8.6% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Columbus 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 increased by 33.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 35 | +66.7% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbus, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Columbus in October 2024, up by 66.7% month-over-month. Of the 29 sold homes, 41% were sold under asking, 41% were sold at asking, and 17% were sold over asking.
Days on Market for Columbus, GA
How long does it take to sell a home in Columbus, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 48 Days | -10.5% |
Summary: Homes in Columbus had an average of 48 days on market in Oct 2024, down by 10.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Columbus are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 35 homes were sold in Columbus; 43% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.