$2,963 Closing Credit*
$249,500
1,344 SqFt
3 Beds
•2 Full Baths
Pondra Bowen, Listing Office: Pondras Homes & Hearth Realty LLC
Is Columbia, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Columbia has remained a Seller's Market.
Key Takeaway
Columbia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbia, NY
How much do homes in Columbia, NY cost?
Median Sold Price
$130,050
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$63,450(-32.8%)
Key Takeaway
Homes in Columbia have sold for 32.8% less than they did a year ago.
Summary: The median home sold price in Columbia was $130,050 in September 2024, down 32.8% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.5K | $136.5K | +16.2% |
| 3 Bedrooms | $285K | $157.8K | -44.6% |
| 4 Bedrooms | $186K | $58.9K | -68.3% |
| 5+ Bedrooms | $468K | $205K | -56.2% |
Summary: Columbia housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.2%, 3 bedroom homes decreased by 44.6%, 4 bedroom homes decreased by 68.3%, and 5+ bedroom homes decreased by 56.2%.
Median Sold Price Compared To Nearby Cities
| German Flatts | $129K | $137.8K | +6.8% |
| Columbia | $193.5K | $130K | -32.8% |
Housing Supply in Columbia, NY
How many homes are available in Columbia, NY?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Summary: The Columbia real estate market had 7 homes for sale in September 2024, a 16.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Columbia housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Columbia, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Columbia in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Columbia, NY
How long does it take to sell a home in Columbia, NY?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 47 Days | 82 Days | +74.5% |
Summary: Homes in Columbia had an average of 82 days on market in Sep 2024, up by 74.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Columbia are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Columbia; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
