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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Columbia Township, IN

How much do homes in Columbia Township, IN cost?

Median Sold Price

$225,000

$132/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$15,000(-6.3%)

Key Takeaway

Homes in Columbia Township have sold for 6.2% less than they did a month ago.

Summary: The median home sold price in Columbia Township was $225,000 in November 2024, down 6.3% from last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $178K$239.9K
+34.8%
3 $240K$225K
-6.3%
4 $279K$90K
-67.7%
5+ $394.5K-
N/A

Summary: Columbia Township 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 34.8%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 67.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Richland Township
+182.1%
Columbia City
+3.6%
Washington Township
+1.1%
Columbia Township
-6.3%
Union Township
-42.7%

Housing Supply in Columbia Township, IN

How many homes are available in Columbia Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5140-21.6%

Summary: The Columbia Township real estate market had 40 homes for sale in November 2024, a 21.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 96
-33.3%
3 3025
-16.7%
4 87
-12.5%
5+ 42
-50.0%

Summary: The Columbia Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2111-47.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia Township, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Columbia Township in November 2024, down by 47.6% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.

Days on Market for Columbia Township, 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 Township, IN

Nearby Markets to Columbia Township, IN

What housing markets are near Columbia Township, IN?