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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Columbia is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in New Columbia, PA

How much do homes in New Columbia, PA cost?

Median Sold Price

$272,500

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$57,500(-17.4%)

Key Takeaway

Homes in New Columbia have sold for 17.4% less than they did a year ago.

Summary: The median home sold price in New Columbia was $272,500 in October 2024, down 17.4% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $74.9K$92.5K
+23.5%
3 $290K$272.5K
-6.0%
4 $369.9K$390K
+5.4%
5+ $367.5K-
N/A

Summary: New Columbia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kelly Township
-0.1%
White Deer Township
-16.4%
New Columbia
-17.4%

Housing Supply in New Columbia, PA

How many homes are available in New Columbia, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The New Columbia real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 11
0.0%
5+ 01
+100.0%

Summary: The New Columbia 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was 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 New Columbia, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in New Columbia in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for New Columbia, PA

We’re sorry, we don't have information for this market at the moment

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 New Columbia, PA

Nearby Markets to New Columbia, PA

What housing markets are near New Columbia, PA?