Is Columbus, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Columbus has remained a Seller's Market.

Key Takeaway

Columbus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Columbus, NY

How much do homes in Columbus, NY cost?

Median Sold Price

$236,500

$104/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$34,500(+17.1%)

Key Takeaway

Homes in Columbus have sold for 17.1% more than they did a month ago.

Summary: The median home sold price in Columbus was $236,500 in October 2024, up 17.1% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $202K-
N/A
4 --
N/A
5+ -$236.5K
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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Columbus
+17.1%
New Berlin
-49.3%

Housing Supply in Columbus, NY

How many homes are available in Columbus, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
21-50.0%

Summary: The Columbus real estate market had 1 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 00
0.0%
5+ 11
0.0%

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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Columbus in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Columbus, NY

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

Average Sale Time

Sep 2024Oct 2024CHANGE
65 Days102 Days+56.9%

Summary: Homes in Columbus had an average of 102 days on market in Oct 2024, up by 56.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Columbus are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Columbus; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 5 Days Ago

Newest Listings in Columbus, NY

Nearby Markets to Columbus, NY