$119,000
0.88 Acres
Land
Kathleen A Bassett, Listing Office: Shoreway Realty Group
Is Columbia Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Columbia Township was a Seller's Market.
Key Takeaway
Columbia Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Columbia Township, OH
How much do homes in Columbia Township, OH cost?
Median Sold Price
$439,900
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,796(+3.5%)
Key Takeaway
Homes in Columbia Township have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Columbia Township was $439,900 in November 2024, up 3.5% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $216.5K | $307.5K | +42.0% |
| 3 Bedrooms | $341K | $345K | +1.2% |
| 4 Bedrooms | $461.5K | $481K | +4.2% |
| 5+ Bedrooms | $531.9K | $654.1K | +23.0% |
Summary: Columbia Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Cities
| Olmsted Township | $220K | $275K | +25.0% |
| Olmsted Falls | $239.5K | $260.5K | +8.8% |
| Berea | $216.9K | $235K | +8.3% |
| Columbia Township | $425.1K | $439.9K | +3.5% |
| Columbia Station | $425K | $433.5K | +2.0% |
Housing Supply in Columbia Township, OH
How many homes are available in Columbia Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 22 | -26.7% |
Summary: The Columbia Township real estate market had 22 homes for sale in November 2024, a 26.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 9 | 5 | -44.4% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Columbia Township housing inventory by bedroom type for November 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 44.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
2 Homes Were 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 Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Columbia Township in November 2024, down by 70.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Columbia Township, OH
How long does it take to sell a home in Columbia Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 67 Days | +274.1% |
Summary: Homes in Columbia Township had an average of 67 days on market in Nov 2024, up by 274.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Columbia Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Columbia Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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