Is Columbia County, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia County is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Columbia County was a Seller's Market.

Key Takeaway

Columbia County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Columbia County, NY

How much do homes in Columbia County, NY cost?

Median Sold Price

$494,866

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,819(+5.3%)

Key Takeaway

Homes in Columbia County have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Columbia County was $494,866 in December 2024, up 5.3% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $535K$375K
-29.9%
2 $300K$338.7K
+12.9%
3 $450K$487.5K
+8.3%
4 $550K$649.7K
+18.1%
5+ $615K$800K
+30.1%

Summary: Columbia County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.9%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 30.1%.

Median Sold Price Compared To Nearby Counties

Rensselaer County
+7.9%
Dutchess County
+7.3%
Columbia County
+5.3%
Greene County
+3.1%

Housing Supply in Columbia County, NY

How many homes are available in Columbia County, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
404385-4.7%

Summary: The Columbia County real estate market had 385 homes for sale in December 2024, a 4.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 1012
+20.0%
2 5144
-13.7%
3 169164
-3.0%
4 9390
-3.2%
5+ 8175
-7.4%

Summary: The Columbia County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 7.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
5859+1.7%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia County, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Columbia County in December 2024, up by 1.7% month-over-month. Of the 59 sold homes, 46% were sold under asking, 15% were sold at asking, and 39% were sold over asking.

Days on Market for Columbia County, NY

How long does it take to sell a home in Columbia County, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
63 Days72 Days+12.9%

Summary: Homes in Columbia County had an average of 72 days on market in Dec 2024, up by 12.9% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 59 homes were sold in Columbia County; 42% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 27% 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 4 Days Ago

Newest Listings in Columbia County, NY

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