Is Columbia Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Columbia Township, MO

How much do homes in Columbia Township, MO cost?

Median Sold Price

$302,249

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$17,178(+6.0%)

Key Takeaway

Homes in Columbia Township have sold for 6% more than they did a year ago.

Summary: The median home sold price in Columbia Township was $302,249 in March 2024, up 6% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $102.5K$135K
+31.7%
2 $144.5K$169.2K
+17.1%
3 $250K$268.2K
+7.3%
4 $340.1K$356.7K
+4.9%
5+ $527.5K$523.1K
-0.8%

Summary: Columbia Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.7%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Columbia Township
+6.0%
Columbia
+6.0%
Rocky Fork Township
-8.8%

Housing Supply in Columbia Township, MO

How many homes are available in Columbia Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
403458+13.6%

Summary: The Columbia Township real estate market had 458 homes for sale in March 2024, a 13.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 3535
0.0%
3 181213
+17.7%
4 109123
+12.8%
5+ 7685
+11.8%

Summary: The Columbia Township 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 remained the same, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
93128+37.6%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia Township, you may be able to get a good deal. 42.4% of homes here sold below asking price last month.

Summary: A total of 128 homes were sold or pending in Columbia Township in March 2024, up by 37.6% month-over-month. Of the 125 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.

Days on Market for Columbia Township, MO

How long does it take to sell a home in Columbia Township, MO?

Average Sale Time

Mar 2023Mar 2024CHANGE
32 Days41 Days+24.7%

Summary: Homes in Columbia Township had an average of 41 days on market in Mar 2024, up by 24.7% compared to last year.

Breakdown of Home Sale Times

87 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 128 homes were sold in Columbia Township; 68% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 18% 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 24 Days Ago

Newest Listings in Columbia Township, MO

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