Is Columbia, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Columbia was a Seller's Market.
Housing Prices in Columbia, KY
How much do homes in Columbia, KY cost?
Median Sold Price
$138,500
$16/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Columbia was $138,500 in March 2024, down 6.1% from last year, and the median price per square foot was $16.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149K | - | N/A |
2 Bedrooms | $125K | $82K | -34.4% |
3 Bedrooms | $209.5K | $175K | -16.5% |
4 Bedrooms | $150.5K | - | N/A |
5+ Bedrooms | $139.9K | $30K | -78.6% |
Summary: Columbia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.4%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 78.6%.
Housing Supply in Columbia, KY
How many homes are available in Columbia, KY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Summary: The Columbia real estate market had 12 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Columbia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Columbia in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Columbia, KY
How long does it take to sell a home in Columbia, KY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 7 Days | -88.4% |
Summary: Homes in Columbia had an average of 7 days on market in Mar 2024, down by 88.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Columbia; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.