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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Columbus has remained a Buyer's Market.

Key Takeaway

Columbus is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Columbus, NC

How much do homes in Columbus, NC cost?

Median Sold Price

$280,000

$189/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$120,000(-30.0%)

Key Takeaway

Homes in Columbus have sold for 30% less than they did a month ago.

Summary: The median home sold price in Columbus was $280,000 in November 2024, down 30% from last month, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $267.5K$400K
+49.5%
3 $650K$590K
-9.2%
4 -$160K
N/A
5+ $900K-
N/A

Summary: Columbus housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.5%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Columbus, NC

How many homes are available in Columbus, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5157+11.8%

Summary: The Columbus real estate market had 57 homes for sale in November 2024, a 11.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 2024
+20.0%
4 1515
0.0%
5+ 65
-16.7%

Summary: The Columbus 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 increased by 30%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Columbus in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Columbus, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
23 Days25 Days+8.0%

Summary: Homes in Columbus had an average of 25 days on market in Nov 2024, up by 8% compared to last month.

Breakdown of Home Sale Times

2 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

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

Summary: During November 2024, 6 homes were sold in Columbus; 33% of homes were sold within 30 days, 50% 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 18 Days Ago

Newest Listings in Columbus, NC

Nearby Markets to Columbus, NC

What housing markets are near Columbus, NC?