Is Columbia Township, NC 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 October 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, NC

How much do homes in Columbia Township, NC cost?

Median Sold Price

$220,000

$160/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Columbia Township has remained the same since last year.

Summary: The median home sold price in Columbia Township was $220,000 in October 2024, the same as last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$187K
N/A
2 $202.4K$176K
-13.1%
3 $205K$255K
+24.4%
4 $265.5K$315K
+18.6%
5+ $260.7K-
N/A

Summary: Columbia Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.1%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Franklinville
+24.9%
Ramseur
+17.2%
Liberty Township
0.4%
Columbia Township
0.0%

Housing Supply in Columbia Township, NC

How many homes are available in Columbia Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
25250.0%

Summary: The Columbia Township real estate market had 25 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 1615
-6.3%
4 35
+66.7%
5+ 00
0.0%

Summary: The Columbia Township 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 decreased by 20%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Columbia Township in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.

Days on Market for Columbia Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days13 Days-64.0%

Summary: Homes in Columbia Township had an average of 13 days on market in Oct 2024, down by 64% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 7 homes were sold in Columbia Township; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

Newest Listings in Columbia Township, NC

Nearby Markets to Columbia Township, NC

What housing markets are near Columbia Township, NC?