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 Last Month

Last month, Columbia Township was a Neutral 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

$307,000

$191/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$159,000(+107.4%)

Key Takeaway

Homes in Columbia Township have sold for 107.4% more than they did a month ago.

Summary: The median home sold price in Columbia Township was $307,000 in May 2024, up 107.4% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$140K
N/A
2 -$162.5K
N/A
3 $148K$574.5K
+288.2%
4 --
N/A
5+ --
N/A

Summary: Columbia Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 288.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Columbia Township, NC

How many homes are available in Columbia Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1312-7.7%

Summary: The Columbia Township real estate market had 12 homes for sale in May 2024, a 7.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 22
0.0%
3 97
-22.2%
4 11
0.0%
5+ 00
0.0%

Summary: The Columbia Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 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 Columbia Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Columbia Township in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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

Apr 2024May 2024CHANGE
208 Days45 Days-78.1%

Summary: Homes in Columbia Township had an average of 45 days on market in May 2024, down by 78.1% compared to last month.

Breakdown of Home Sale Times

2 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 Columbia Township has remained consistent over time.

Summary: During May 2024, 6 homes were sold in Columbia Township; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 3 Days Ago

Newest Listings in Columbia Township, NC

Nearby Markets to Columbia Township, NC

What housing markets are near Columbia Township, NC?