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

Last month, Columbus was a Seller'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

$400,000

$217/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$100,000(+33.3%)

Key Takeaway

Homes in Columbus have sold for 33.3% more than they did a month ago.

Summary: The median home sold price in Columbus was $400,000 in October 2024, up 33.3% from last month, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $259.5K$267.5K
+3.1%
3 $327K$650K
+98.8%
4 --
N/A
5+ -$900K
N/A

Summary: Columbus housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 98.8%, 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

Sep 2024Oct 2024CHANGE
5154+5.9%

Summary: The Columbus real estate market had 54 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1512
-20.0%
3 2021
+5.0%
4 1115
+36.4%
5+ 56
+20.0%

Summary: The Columbus 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 increased by 5%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 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. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Columbus in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% 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

Sep 2024Oct 2024CHANGE
28 Days23 Days-19.0%

Summary: Homes in Columbus had an average of 23 days on market in Oct 2024, down by 19% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Columbus; 86% of homes were sold within 30 days, 14% 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 Columbus, NC

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