Is Columbia, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Columbia, PA

How much do homes in Columbia, PA cost?

Median Sold Price

$237,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,100(+3.1%)

Key Takeaway

Homes in Columbia have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Columbia was $237,000 in October 2024, up 3.1% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$292.5K
+88.7%
2 $180K$205K
+13.9%
3 $215.5K$226.9K
+5.3%
4 $287.4K$282.5K
-1.7%
5+ $295K$249.9K
-15.3%

Summary: Columbia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.7%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Cities

Manor Township
+11.2%
Columbia
+3.1%
West Hempfield Township
0.4%

Housing Supply in Columbia, PA

How many homes are available in Columbia, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6267+8.1%

Summary: The Columbia real estate market had 67 homes for sale in October 2024, a 8.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1114
+27.3%
3 3235
+9.4%
4 1414
0.0%
5+ 33
0.0%

Summary: The Columbia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1617+6.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 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, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Columbia in October 2024, up by 6.3% month-over-month. Of the 17 sold homes, 41% were sold under asking, 35% were sold at asking, and 24% were sold over asking.

Days on Market for Columbia, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days22 Days+29.9%

Summary: Homes in Columbia had an average of 22 days on market in Oct 2024, up by 29.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 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 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in Columbia; 76% of homes were sold within 30 days, 24% 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 20 Days Ago

Newest Listings in Columbia, PA

Nearby Markets to Columbia, PA

What housing markets are near Columbia, PA?