Is Columbus Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus Township is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Columbus Township was a Buyer's Market.

Key Takeaway

Columbus Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Columbus Township, NC

How much do homes in Columbus Township, NC cost?

Median Sold Price

$450,000

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$44,500(+11.0%)

Key Takeaway

Homes in Columbus Township have sold for 11% more than they did a year ago.

Summary: The median home sold price in Columbus Township was $450,000 in September 2024, up 11% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $285K$385K
+35.1%
2 $322.5K$325K
+0.8%
3 $406.1K$463.5K
+14.1%
4 $551.5K$672K
+21.8%
5+ $824K$1.4M
+79.0%

Summary: Columbus Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.1%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 79%.

Median Sold Price Compared To Nearby Cities

Tryon Township
+19.2%
Green Creek Township
+11.9%
Columbus
+11.1%
Columbus Township
+11.0%

Housing Supply in Columbus Township, NC

How many homes are available in Columbus Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
8985-4.5%

Summary: The Columbus Township real estate market had 85 homes for sale in September 2024, a 4.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1816
-11.1%
3 4339
-9.3%
4 1919
0.0%
5+ 911
+22.2%

Summary: The Columbus Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1913-31.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus Township, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Columbus Township in September 2024, down by 31.6% month-over-month. Of the 13 sold homes, 62% were sold under asking, 8% were sold at asking, and 31% were sold over asking.

Days on Market for Columbus Township, NC

How long does it take to sell a home in Columbus Township, NC?

Average Sale Time

Sep 2023Sep 2024CHANGE
378 Days54 Days-85.7%

Summary: Homes in Columbus Township had an average of 54 days on market in Sep 2024, down by 85.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 13 homes were sold in Columbus Township; 62% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 15% 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 30 Days Ago

Newest Listings in Columbus Township, NC

Nearby Markets to Columbus Township, NC

What housing markets are near Columbus Township, NC?