Is Columbus East, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus East is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Columbus East has remained a Seller's Market.

Key Takeaway

Columbus East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Columbus East, GA

How much do homes in Columbus East, GA cost?

Median Sold Price

$160,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,000(-0.6%)

Key Takeaway

Homes in Columbus East have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Columbus East was $160,000 in October 2024, down 0.6% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $90K$195K
+116.7%
3 $147.7K$149.9K
+1.5%
4 $217.5K$205K
-5.7%
5+ $285K-
N/A

Summary: Columbus East 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 increased by 116.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Columbus
+2.7%
Columbus North
+1.6%
Columbus East
-0.6%

Housing Supply in Columbus East, GA

How many homes are available in Columbus East, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4852+8.3%

Summary: The Columbus East real estate market had 52 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1821
+16.7%
4 2525
0.0%
5+ 33
0.0%

Summary: The Columbus East 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
513+160.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus East, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Columbus East in October 2024, up by 160.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.

Days on Market for Columbus East, GA

How long does it take to sell a home in Columbus East, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days45 Days+123.1%

Summary: Homes in Columbus East had an average of 45 days on market in Oct 2024, up by 123.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Columbus East has remained consistent over time.

Summary: During October 2024, 13 homes were sold in Columbus East; 31% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 15% 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 20 Days Ago

Newest Listings in Columbus East, GA

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