Is Columbia Township, MO 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 November 2023

Since last year, 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, MO

How much do homes in Columbia Township, MO cost?

Median Sold Price

$315,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,083(+5.0%)

Key Takeaway

Homes in Columbia Township have sold for 5% more than they did a year ago.

Summary: The median home sold price in Columbia Township was $315,000 in November 2024, up 5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $89.9K$135K
+50.2%
2 $160K$165K
+3.1%
3 $265.9K$275.2K
+3.5%
4 $360K$371K
+3.0%
5+ $512.5K$574.4K
+12.1%

Summary: Columbia Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.2%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Cities

Columbia
+5.1%
Columbia Township
+5.0%
Rocky Fork Township
-4.1%

Housing Supply in Columbia Township, MO

How many homes are available in Columbia Township, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
546513-6.0%

Summary: The Columbia Township real estate market had 513 homes for sale in November 2024, a 6.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 4333
-23.3%
3 256228
-10.9%
4 160155
-3.1%
5+ 8695
+10.5%

Summary: The Columbia Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 23.3%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
136107-21.3%

Asking Price vs. Sold Price

52 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

21 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 107 homes were sold or pending in Columbia Township in November 2024, down by 21.3% month-over-month. Of the 104 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Columbia Township, MO

How long does it take to sell a home in Columbia Township, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days30 Days-19.8%

Summary: Homes in Columbia Township had an average of 30 days on market in Nov 2024, down by 19.8% compared to last year.

Breakdown of Home Sale Times

74 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 107 homes were sold in Columbia Township; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 9% 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

Newest Listings in Columbia Township, MO

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What housing markets are near Columbia Township, MO?