Is Columbia City, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia City is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Columbia City, OR

How much do homes in Columbia City, OR cost?

Median Sold Price

$459,999

$297/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$39,001(-7.8%)

Key Takeaway

Homes in Columbia City have sold for 7.8% less than they did a month ago.

Summary: The median home sold price in Columbia City was $459,999 in October 2024, down 7.8% from last month, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $552.5K$459.9K
-16.7%
4 $499K-
N/A
5+ --
N/A

Summary: Columbia City 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 decreased by 16.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Columbia City, OR

How many homes are available in Columbia City, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1512-20.0%

Summary: The Columbia City real estate market had 12 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 119
-18.2%
4 21
-50.0%
5+ 22
0.0%

Summary: The Columbia City 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 18.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia City, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Columbia City in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Columbia City, OR

How long does it take to sell a home in Columbia City, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
140 Days50 Days-64.2%

Summary: Homes in Columbia City had an average of 50 days on market in Oct 2024, down by 64.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Columbia City; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 16 Days Ago

Newest Listings in Columbia City, OR

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