Is Columbia Station, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Columbia Station has remained a Seller's Market.
Key Takeaway
Columbia Station is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbia Station, OH
How much do homes in Columbia Station, OH cost?
Median Sold Price
$440,062
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Columbia Station have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Columbia Station was $440,062 in May 2024, up 3.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $350K | $225K | -35.7% |
| 3 Bedrooms | $282.4K | $315K | +11.5% |
| 4 Bedrooms | $492.2K | $473K | -3.9% |
| 5+ Bedrooms | $435K | $579.5K | +33.2% |
Summary: Columbia Station housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 33.2%.
Median Sold Price Compared To Nearby Cities
| Liverpool Township | $401.5K | $512K | +27.5% |
| Olmsted Township | $221.5K | $262K | +18.3% |
| Olmsted Falls | $235K | $247.5K | +5.3% |
| Columbia Township | $427.8K | $444K | +3.8% |
| Columbia Station | $425K | $440K | +3.5% |
Housing Supply in Columbia Station, OH
How many homes are available in Columbia Station, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The Columbia Station real estate market had 34 homes for sale in May 2024, a 5.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 21 | 16 | -23.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Columbia Station housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbia Station, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Columbia Station in May 2024, down by 42.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Columbia Station, OH
How long does it take to sell a home in Columbia Station, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 27 Days | -40.0% |
Summary: Homes in Columbia Station had an average of 27 days on market in May 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
6 Homes Were 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 Station are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Columbia Station; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.