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

$262,500

$157/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$18,325(+7.5%)

Key Takeaway

Homes in Columbia City have sold for 7.5% more than they did a month ago.

Summary: The median home sold price in Columbia City was $262,500 in October 2024, up 7.5% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$50K
N/A
2 $203.5K$178K
-12.5%
3 $288.5K$250K
-13.3%
4 $180K$344.9K
+91.6%
5+ $289K$394.5K
+36.5%

Summary: Columbia City 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 decreased by 12.5%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 91.6%, and 5+ bedroom homes increased by 36.5%.

Median Sold Price Compared To Nearby Cities

Thorncreek Township
+27.4%
Union Township
+22.0%
Columbia City
+7.5%
Columbia Township
-0.7%

Housing Supply in Columbia City, IN

How many homes are available in Columbia City, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9896-2.0%

Summary: The Columbia City real estate market had 96 homes for sale in October 2024, a 2.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1314
+7.7%
3 5956
-5.1%
4 1919
0.0%
5+ 55
0.0%

Summary: The Columbia City 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 7.7%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2734+25.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

9 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. 50% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Columbia City in October 2024, up by 25.9% month-over-month. Of the 34 sold homes, 50% were sold under asking, 24% were sold at asking, and 26% 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 16 Days Ago

Newest Listings in Columbia City, IN

Nearby Markets to Columbia City, IN

What housing markets are near Columbia City, IN?