Is Columbiaville, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbiaville is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Columbiaville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Columbiaville, MI

How much do homes in Columbiaville, MI cost?

Median Sold Price

$260,500

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,500(+15.8%)

Key Takeaway

Homes in Columbiaville have sold for 15.8% more than they did a year ago.

Summary: The median home sold price in Columbiaville was $260,500 in November 2024, up 15.8% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $164.9K$325K
+97.1%
2 $160.5K$257.5K
+60.4%
3 $221K$229K
+3.6%
4 $263.2K$350K
+33.0%
5+ $255K$160K
-37.3%

Summary: Columbiaville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.1%, 2 bedroom homes increased by 60.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 33%, and 5+ bedroom homes decreased by 37.3%.

Median Sold Price Compared To Nearby Cities

Oregon Township
+30.5%
Columbiaville
+15.8%
Marathon Township
+13.3%

Housing Supply in Columbiaville, MI

How many homes are available in Columbiaville, MI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2827-3.6%

Summary: The Columbiaville real estate market had 27 homes for sale in November 2024, a 3.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1414
0.0%
4 97
-22.2%
5+ 02
+100.0%

Summary: The Columbiaville 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 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
880.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbiaville, 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 Columbiaville in November 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.

Days on Market for Columbiaville, MI

How long does it take to sell a home in Columbiaville, MI?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days26 Days-14.1%

Summary: Homes in Columbiaville had an average of 26 days on market in Nov 2024, down by 14.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Columbiaville; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Columbiaville, MI

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