Is Columbus, KS a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Columbus was a Seller's Market.

Key Takeaway

Columbus 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, KS

How much do homes in Columbus, KS cost?

Median Sold Price

$115,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,500(+23.0%)

Key Takeaway

Homes in Columbus have sold for 23% more than they did a year ago.

Summary: The median home sold price in Columbus was $115,000 in October 2024, up 23% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $65K$46.3K
-28.8%
2 $57.5K$55.5K
-3.5%
3 $128.7K$160K
+24.3%
4 $190K$141.9K
-25.3%
5+ $76.5K-
N/A

Summary: Columbus housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.8%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes did not change.

Housing Supply in Columbus, KS

How many homes are available in Columbus, KS?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5154+5.9%

Summary: The Columbus real estate market had 54 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1618
+12.5%
3 2222
0.0%
4 88
0.0%
5+ 44
0.0%

Summary: The Columbus housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
880.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 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, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Columbus in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Columbus, KS

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

Average Sale Time

Oct 2023Oct 2024CHANGE
95 Days97 Days+1.6%

Summary: Homes in Columbus had an average of 97 days on market in Oct 2024, up by 1.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 8 homes were sold in Columbus; 0% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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

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