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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Columbia City was a Seller's Market.

Key Takeaway

Columbia City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Columbia City, OR

How much do homes in Columbia City, OR cost?

Median Sold Price

$339,500

$305/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$120,499(-26.2%)

Key Takeaway

Homes in Columbia City have sold for 26.2% less than they did a month ago.

Summary: The median home sold price in Columbia City was $339,500 in November 2024, down 26.2% from last month, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $459.9K$339.5K
-26.2%
4 --
N/A
5+ --
N/A

Summary: Columbia City housing prices by bedroom type for November 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 26.2%, 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

Oct 2024Nov 2024CHANGE
118-27.3%

Summary: The Columbia City real estate market had 8 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 94
-55.6%
4 11
0.0%
5+ 12
+100.0%

Summary: The Columbia City 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 increased by 100%, 3 bedroom homes decreased by 55.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

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 Columbia City, 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 Columbia City in November 2024, down by 80.0% month-over-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 Columbia City, OR

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

Average Sale Time

Oct 2024Nov 2024CHANGE
50 Days11 Days-78.2%

Summary: Homes in Columbia City had an average of 11 days on market in Nov 2024, down by 78.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Columbia City; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Columbia City, OR

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