Is Columbus, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Columbus, IN cost?

Median Sold Price

$253,416

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$21,305(+9.2%)

Key Takeaway

Homes in Columbus have sold for 9.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $84.9K$104.9K
+23.6%
2 $139.9K$147K
+5.1%
3 $219.9K$241.8K
+9.9%
4 $326.6K$329.9K
+1.0%
5+ $421.7K$450K
+6.7%

Median Sold Price Compared To Nearby Cities

Columbus
+9.2%
Columbus Township
+8.3%
Harrison Township
+4.1%
Clay Township
+3.8%

How many homes are available in Columbus, IN?

Number of Homes For Sale

Nov 2022Dec 2022%
180141-21.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 11
0.0%
2 3732
-13.5%
3 7962
-21.5%
4 4835
-27.1%
5+ 1511
-26.7%

Number of Homes Sold

Nov 2022Dec 2022%
6340-36.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
31 Days25 Days-19.9%

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Columbus are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Columbus, IN

Columbus, IN has 141 homes for sale to choose from. The number of listings in Columbus, IN decreased by 21.7% between November 2022 and December 2022. The median list price of listings available in December 2022 was $253,416, while the average time on the real estate market was 25 days. This housing market listing prices have changed between November 2022 and December 2022: prices of 1 bedroom properties increased by 23.6%, the cost of 2 bedrooms properties went up by 5.1%, prices of 3 bedrooms properties went up by 9.9%, the cost of 4 bedrooms properties went up by 1%, the cost of 5 bedrooms properties went up by 6.7%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 13.5%, number of 3 bedrooms homes decreased by 21.5%, volume of 4 bedrooms homes went down by 27.1%, number of 5 bedrooms homes decreased by 26.7%. In December 2022, from all listings sold in Columbus, IN there were more than 8 sold above asking price, over 22 sold below and more than 10 were sold right at the asked price.

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