Is Columbiana, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Columbiana has remained a Seller's Market.
Key Takeaway
Columbiana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbiana, OH
How much do homes in Columbiana, OH cost?
Median Sold Price
$230,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Columbiana have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Columbiana was $230,500 in March 2024, down 0.9% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $185K | $218K | +17.8% |
| 3 Bedrooms | $240K | $237.5K | -1.0% |
| 4 Bedrooms | $350.5K | $367.5K | +4.8% |
| 5+ Bedrooms | $380.5K | $352.4K | -7.4% |
Summary: Columbiana 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 increased by 17.8%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Beaver Township | $235K | $275K | +17.0% |
| Fairfield Township | $199K | $229.7K | +15.5% |
| Unity Township | $130K | $135K | +3.8% |
| Columbiana | $232.5K | $230.5K | -0.9% |
| Fairfield Township | $240.5K | $236K | -1.9% |
Housing Supply in Columbiana, OH
How many homes are available in Columbiana, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 26 | -16.1% |
Summary: The Columbiana real estate market had 26 homes for sale in March 2024, a 16.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Columbiana 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 12.5%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbiana, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Columbiana in March 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Columbiana, OH
How long does it take to sell a home in Columbiana, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 40 Days | +16.0% |
Summary: Homes in Columbiana had an average of 40 days on market in Mar 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Columbiana are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Columbiana; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.