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 March 2023

At the same time last year, Columbus Township was a Seller'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

$453,000

$204/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$63,000(+16.2%)

Key Takeaway

Homes in Columbus Township have sold for 16.2% more than they did a year ago.

Summary: The median home sold price in Columbus Township was $453,000 in March 2024, up 16.2% from last year, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $285K-
N/A
2 $337.5K$232K
-31.3%
3 $388K$508K
+30.9%
4 $562.5K$675K
+20.0%
5+ $1.1M$1.2M
+9.6%

Summary: Columbus Township 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 31.3%, 3 bedroom homes increased by 30.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Cities

Columbus
+34.5%
Columbus Township
+16.2%
Tryon Township
+11.8%
White Oak Township
+8.7%
Green Creek Township
-15.0%

Housing Supply in Columbus Township, NC

How many homes are available in Columbus Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4651+10.9%

Summary: The Columbus Township real estate market had 51 homes for sale in March 2024, a 10.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 2124
+14.3%
4 1212
0.0%
5+ 67
+16.7%

Summary: The Columbus 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 increased by 14.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Columbus Township in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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

Mar 2023Mar 2024CHANGE
62 Days86 Days+37.9%

Summary: Homes in Columbus Township had an average of 86 days on market in Mar 2024, up by 37.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Columbus Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 8 homes were sold in Columbus Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in Columbus Township, NC

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What housing markets are near Columbus Township, NC?