Is Columbia City, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia City is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Columbia City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Columbia City, IN

How much do homes in Columbia City, IN cost?

Median Sold Price

$287,000

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$10,000(+3.6%)

Key Takeaway

Homes in Columbia City have sold for 3.6% more than they did a month ago.

Summary: The median home sold price in Columbia City was $287,000 in November 2024, up 3.6% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $50K-
N/A
2 $174K$202.4K
+16.3%
3 $262.5K$294.4K
+12.2%
4 $344.9K$325K
-5.8%
5+ $394.5K-
N/A

Summary: Columbia City housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Thorncreek Township
+7.5%
Columbia City
+3.6%
Columbia Township
-6.3%
Union Township
-42.7%

Housing Supply in Columbia City, IN

How many homes are available in Columbia City, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9181-11.0%

Summary: The Columbia City real estate market had 81 homes for sale in November 2024, a 11.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1310
-23.1%
3 5350
-5.7%
4 1817
-5.6%
5+ 53
-40.0%

Summary: The Columbia City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3419-44.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia City, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Columbia City in November 2024, down by 44.1% month-over-month. Of the 19 sold homes, 47% were sold under asking, 37% were sold at asking, and 16% were sold over asking.

Days on Market for Columbia City, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Columbia City, IN

Nearby Markets to Columbia City, IN

What housing markets are near Columbia City, IN?