Is Columbia Station, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Columbia Station has remained a Seller's Market.
Key Takeaway
Columbia Station is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbia Station, OH
How much do homes in Columbia Station, OH cost?
Median Sold Price
$437,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Columbia Station have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Columbia Station was $437,000 in April 2024, up 2.8% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $395.8K | $220.7K | -44.2% |
| 3 Bedrooms | $277.5K | $350K | +26.1% |
| 4 Bedrooms | $492.2K | $469.9K | -4.5% |
| 5+ Bedrooms | $445K | $570K | +28.1% |
Summary: Columbia Station housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 44.2%, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 28.1%.
Median Sold Price Compared To Nearby Cities
| Liverpool Township | $420K | $479.4K | +14.2% |
| Olmsted Township | $232.5K | $243.5K | +4.7% |
| Columbia Station | $425K | $437K | +2.8% |
| Columbia Township | $432.5K | $440K | +1.7% |
| Olmsted Falls | $238K | $241K | +1.3% |
Housing Supply in Columbia Station, OH
How many homes are available in Columbia Station, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 32 | -15.8% |
Summary: The Columbia Station real estate market had 32 homes for sale in April 2024, a 15.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 18 | 12 | -33.3% |
| 4 Bedrooms | 15 | 17 | +13.3% |
| 5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The Columbia Station housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbia Station, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Columbia Station in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Columbia Station, OH
How long does it take to sell a home in Columbia Station, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 40 Days | +10.7% |
Summary: Homes in Columbia Station had an average of 40 days on market in Apr 2024, up by 10.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Columbia Station are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Columbia Station; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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