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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus West is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Columbus West was a Seller's Market.

Key Takeaway

Columbus West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Columbus West, GA

How much do homes in Columbus West, GA cost?

Median Sold Price

$114,950

$87/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$28,500(-19.9%)

Key Takeaway

Homes in Columbus West have sold for 19.9% less than they did a month ago.

Summary: The median home sold price in Columbus West was $114,950 in October 2024, down 19.9% from last month, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$99.9K
N/A
3 $143.4K$114.9K
-19.9%
4 $127K$207.5K
+63.4%
5+ $220K-
N/A

Summary: Columbus West housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 19.9%, 4 bedroom homes increased by 63.4%, and 5+ bedroom homes did not change.

Housing Supply in Columbus West, GA

How many homes are available in Columbus West, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5762+8.8%

Summary: The Columbus West real estate market had 62 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 79
+28.6%
3 3436
+5.9%
4 1113
+18.2%
5+ 43
-25.0%

Summary: The Columbus West 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 28.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10100.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 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 West, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Columbus West in October 2024, the same as the previous month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for Columbus West, GA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
83 Days50 Days-39.9%

Summary: Homes in Columbus West had an average of 50 days on market in Oct 2024, down by 39.9% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Columbus West; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 West, GA

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