Is West Columbia, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, West Columbia was a Seller's Market.
Key Takeaway
West Columbia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Columbia, TX
How much do homes in West Columbia, TX cost?
Median Sold Price
$299,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in West Columbia have sold for 57.4% more than they did a year ago.
Summary: The median home sold price in West Columbia was $299,000 in March 2024, up 57.4% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142.5K | $163K | +14.4% |
| 3 Bedrooms | $185K | $271.5K | +46.8% |
| 4 Bedrooms | $303.7K | $345K | +13.6% |
| 5+ Bedrooms | - | $387.4K | N/A |
Summary: West Columbia 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 14.4%, 3 bedroom homes increased by 46.8%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Columbia | $190K | $299K | +57.4% |
| Brazoria-West Columbia | $258K | $263.1K | +2.0% |
Housing Supply in West Columbia, TX
How many homes are available in West Columbia, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 94 | 95 | +1.1% |
Summary: The West Columbia real estate market had 95 homes for sale in March 2024, a 1.1% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 54 | 55 | +1.9% |
| 4 Bedrooms | 33 | 32 | -3.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The West Columbia 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 remained the same, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Columbia, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in West Columbia in March 2024, the same as the previous month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for West Columbia, TX
How long does it take to sell a home in West Columbia, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 74 Days | 72 Days | -2.7% |
Summary: Homes in West Columbia had an average of 72 days on market in Mar 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in West Columbia are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 13 homes were sold in West Columbia; 38% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.
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