Is Columbia County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia County is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Columbia County, WA

How much do homes in Columbia County, WA cost?

Median Sold Price

$255,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$23,000(+9.9%)

Key Takeaway

Homes in Columbia County have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Columbia County was $255,000 in May 2024, up 9.9% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $77.7K$220K
+183.0%
2 $192K$185K
-3.6%
3 $295.5K$290.2K
-1.8%
4 $290K$502K
+73.1%
5+ $435K-
N/A

Summary: Columbia County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 183%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 73.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Columbia County
+9.9%
Walla Walla County
0.2%

Housing Supply in Columbia County, WA

How many homes are available in Columbia County, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2529+16.0%

Summary: The Columbia County real estate market had 29 homes for sale in May 2024, a 16.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 76
-14.3%
3 1012
+20.0%
4 710
+42.9%
5+ 00
0.0%

Summary: The Columbia County 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 decreased by 14.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

3 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 County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Columbia County in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Columbia County, WA

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

Average Sale Time

May 2023May 2024CHANGE
81 Days96 Days+18.4%

Summary: Homes in Columbia County had an average of 96 days on market in May 2024, up by 18.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Columbia County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 6 homes were sold in Columbia County; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in Columbia County, WA

Nearby Markets to Columbia County, WA

What housing markets are near Columbia County, WA?