Is Columbus, NC 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, Columbus was a Seller's Market.
Housing Prices in Columbus, NC
How much do homes in Columbus, NC cost?
Median Sold Price
$430,450
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Columbus was $430,450 in March 2024, up 34.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | - | N/A |
2 Bedrooms | $220K | $229.8K | +4.5% |
3 Bedrooms | $320K | $461K | +44.1% |
4 Bedrooms | $400K | $634.5K | +58.6% |
5+ Bedrooms | - | $757.5K | N/A |
Summary: Columbus 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 increased by 4.5%, 3 bedroom homes increased by 44.1%, 4 bedroom homes increased by 58.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Columbus | $320K | $430.4K | +34.5% |
Mill Spring | $425K | $520K | +22.4% |
Columbus Township | $390K | $453K | +16.2% |
Tryon Township | $365K | $408K | +11.8% |
White Oak Township | $317.5K | $345K | +8.7% |
Housing Supply in Columbus, NC
How many homes are available in Columbus, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 30 | +20.0% |
Summary: The Columbus real estate market had 30 homes for sale in March 2024, a 20.0% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 11 | 13 | +18.2% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Columbus 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 25%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 5 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Columbus in March 2024, up by 100.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Columbus, NC
How long does it take to sell a home in Columbus, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 105 Days | +230.4% |
Summary: Homes in Columbus had an average of 105 days on market in Mar 2024, up by 230.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Columbus; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.