Is Columbia Station, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia Station is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Columbia Station, OH

How much do homes in Columbia Station, OH cost?

Median Sold Price

$427,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$3,000(-0.7%)

Key Takeaway

Homes in Columbia Station have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Columbia Station was $427,000 in September 2024, down 0.7% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $270.7K$230K
-15.1%
3 $386.5K$310K
-19.8%
4 $489.7K$465.5K
-4.9%
5+ $445K$589K
+32.4%

Summary: Columbia Station housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.1%, 3 bedroom homes decreased by 19.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 32.4%.

Median Sold Price Compared To Nearby Cities

Liverpool Township
+27.9%
Olmsted Township
+10.6%
Olmsted Falls
+8.1%
Columbia Station
-0.7%
Columbia Township
-1.3%

Housing Supply in Columbia Station, OH

How many homes are available in Columbia Station, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3536+2.9%

Summary: The Columbia Station real estate market had 36 homes for sale in September 2024, a 2.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1511
-26.7%
4 1318
+38.5%
5+ 43
-25.0%

Summary: The Columbia Station 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 increased by 33.3%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia Station, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Columbia Station in September 2024, down by 60.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Sep 2023Sep 2024CHANGE
59 Days43 Days-27.8%

Summary: Homes in Columbia Station had an average of 43 days on market in Sep 2024, down by 27.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Columbia Station; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 Sep 1, 2024

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