Is Columbia, CT 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 Last Month

Since last month, 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, CT

How much do homes in Columbia, CT cost?

Median Sold Price

$402,500

$232/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$47,500(-10.6%)

Key Takeaway

Homes in Columbia have sold for 10.6% less than they did a month ago.

Summary: The median home sold price in Columbia was $402,500 in February 2024, down 10.6% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $519K$349K
-32.8%
4 $364.9K$519.9K
+42.5%
5+ -$775K
N/A

Summary: Columbia housing prices by bedroom type for February 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 32.8%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes did not change.

Housing Supply in Columbia, CT

How many homes are available in Columbia, CT?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1213+8.3%

Summary: The Columbia real estate market had 13 homes for sale in February 2024, a 8.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 69
+50.0%
4 53
-40.0%
5+ 11
0.0%

Summary: The Columbia housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Columbia in February 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Columbia, CT

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 28 Days Ago

Newest Listings in Columbia, CT

Nearby Markets to Columbia, CT

What housing markets are near Columbia, CT?