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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus Township is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Columbus Township, NC

How much do homes in Columbus Township, NC cost?

Median Sold Price

$447,500

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,500(+10.5%)

Key Takeaway

Homes in Columbus Township have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Columbus Township was $447,500 in October 2024, up 10.5% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $285K$385K
+35.1%
2 $320K$325K
+1.6%
3 $408K$462K
+13.2%
4 $451.5K$750K
+66.1%
5+ $828K$1.2M
+51.0%

Summary: Columbus Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.1%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 66.1%, and 5+ bedroom homes increased by 51%.

Median Sold Price Compared To Nearby Cities

White Oak Township
+73.6%
Green Creek Township
+30.1%
Tryon Township
+19.2%
Columbus Township
+10.5%

Housing Supply in Columbus Township, NC

How many homes are available in Columbus Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
74740.0%

Summary: The Columbus Township real estate market had 74 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1613
-18.8%
3 3231
-3.1%
4 1921
+10.5%
5+ 79
+28.6%

Summary: The Columbus 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 18.8%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

6 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 Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Columbus Township in October 2024, down by 46.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Columbus Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days22 Days+29.4%

Summary: Homes in Columbus Township had an average of 22 days on market in Oct 2024, up by 29.4% compared to last year.

Breakdown of Home Sale Times

7 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Columbus Township; 88% of homes were sold within 30 days, 13% 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 20 Days Ago

Newest Listings in Columbus Township, NC

Nearby Markets to Columbus Township, NC

What housing markets are near Columbus Township, NC?