Is Columbus, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Columbus has remained a Seller's Market.
Housing Prices in Columbus, IN
How much do homes in Columbus, IN cost?
Median Sold Price
$267,930
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Columbus was $267,930 in June 2024, up 3.9% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $66.5K | $121.1K | +82.2% |
2 Bedrooms | $155K | $173K | +11.6% |
3 Bedrooms | $245.7K | $247.2K | +0.6% |
4 Bedrooms | $335K | $371.4K | +10.9% |
5+ Bedrooms | $480K | $485K | +1.0% |
Summary: Columbus housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 82.2%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $417K | $445K | +6.7% |
Columbus Township | $254.3K | $268K | +5.4% |
Clay Township | $242K | $255K | +5.4% |
Columbus | $257.7K | $267.9K | +3.9% |
Housing Supply in Columbus, IN
How many homes are available in Columbus, IN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
286 | 282 | -1.4% |
Summary: The Columbus real estate market had 282 homes for sale in June 2024, a 1.4% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 38 | 33 | -13.2% |
3 Bedrooms | 139 | 151 | +8.6% |
4 Bedrooms | 70 | 63 | -10.0% |
5+ Bedrooms | 35 | 32 | -8.6% |
Summary: The Columbus housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 8.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
91 | 73 | -19.8% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Columbus in June 2024, down by 19.8% month-over-month. Of the 73 sold homes, 42% were sold under asking, 30% were sold at asking, and 27% were sold over asking.
Days on Market for Columbus, IN
How long does it take to sell a home in Columbus, IN?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 13 Days | -48.4% |
Summary: Homes in Columbus had an average of 13 days on market in Jun 2024, down by 48.4% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 73 homes were sold in Columbus; 82% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.