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 November 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

$455,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,500(-2.5%)

Key Takeaway

Homes in Columbia County have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Columbia County was $455,000 in November 2024, down 2.5% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $900K$367.5K
-59.2%
2 $428.5K$350K
-18.3%
3 $450K$441.5K
-1.9%
4 $517.5K$575K
+11.1%
5+ $503.7K$545K
+8.2%

Summary: Columbia County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.2%, 2 bedroom homes decreased by 18.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Counties

Dutchess County
+7.7%
Rensselaer County
+7.4%
Greene County
+5.6%
Columbia County
-2.5%

Housing Supply in Columbia County, NY

How many homes are available in Columbia County, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
177152-14.1%

Summary: The Columbia County real estate market had 152 homes for sale in November 2024, a 14.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 2117
-19.0%
3 7863
-19.2%
4 4636
-21.7%
5+ 2932
+10.3%

Summary: The Columbia County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes increased by 10.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 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. 68.2% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Columbia County in November 2024, down by 8.3% month-over-month. Of the 22 sold homes, 68% were sold under asking, 14% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
36 Days81 Days+121.8%

Summary: Homes in Columbia County had an average of 81 days on market in Nov 2024, up by 121.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Columbia County has remained consistent over time.

Summary: During November 2024, 22 homes were sold in Columbia County; 23% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 32% 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 2 Days Ago

Newest Listings in Columbia County, NY

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