Is Columbus, TX 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, Columbus has remained a Seller's Market.
Housing Prices in Columbus, TX
How much do homes in Columbus, TX cost?
Median Sold Price
$308,600
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Columbus was $308,600 in March 2024, up 22.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | $259.5K | +38.4% |
2 Bedrooms | $188K | $245K | +30.3% |
3 Bedrooms | $264.9K | $312.2K | +17.8% |
4 Bedrooms | $289K | $399K | +38.1% |
5+ Bedrooms | - | $425K | N/A |
Summary: Columbus housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.4%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 38.1%, and 5+ bedroom homes did not change.
Housing Supply in Columbus, TX
How many homes are available in Columbus, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 41 | +17.1% |
Summary: The Columbus real estate market had 41 homes for sale in March 2024, a 17.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Columbus housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Columbus in March 2024, up by 125.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Columbus, TX
How long does it take to sell a home in Columbus, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
129 Days | 24 Days | -81.5% |
Summary: Homes in Columbus had an average of 24 days on market in Mar 2024, down by 81.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Columbus; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.