Is Columbia County, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Columbia County was a Seller's Market.

Key Takeaway

Columbia County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Columbia County, NY

How much do homes in Columbia County, NY cost?

Median Sold Price

$481,250

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$66,250(+16.0%)

Key Takeaway

Homes in Columbia County have sold for 16% more than they did a year ago.

Summary: The median home sold price in Columbia County was $481,250 in March 2024, up 16% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $190.5K$900K
+372.4%
2 $328K$442.5K
+34.9%
3 $387K$433.5K
+12.0%
4 $545K$555K
+1.8%
5+ $850K$650K
-23.5%

Summary: Columbia County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 372.4%, 2 bedroom homes increased by 34.9%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 23.5%.

Median Sold Price Compared To Nearby Counties

Columbia County
+16.0%
Dutchess County
+7.1%
Rensselaer County
+5.2%
Greene County
-11.6%

Housing Supply in Columbia County, NY

How many homes are available in Columbia County, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
125139+11.2%

Summary: The Columbia County real estate market had 139 homes for sale in March 2024, a 11.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 2625
-3.8%
3 4562
+37.8%
4 3432
-5.9%
5+ 1817
-5.6%

Summary: The Columbia County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 37.8%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 5.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1514-6.7%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia County, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Columbia County in March 2024, down by 6.7% month-over-month. Of the 14 sold homes, 79% were sold under asking, 0% were sold at asking, and 21% were sold over asking.

Days on Market for Columbia County, NY

How long does it take to sell a home in Columbia County, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
72 Days74 Days+2.0%

Summary: Homes in Columbia County had an average of 74 days on market in Mar 2024, up by 2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Columbia County has remained consistent over time.

Summary: During March 2024, 14 homes were sold in Columbia County; 29% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% 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 County, NY

Nearby Markets to Columbia County, NY

What housing markets are near Columbia County, NY?