Is Columbus, GA 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, Columbus has remained a Seller's Market.
Key Takeaway
Columbus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbus, GA
How much do homes in Columbus, GA cost?
Median Sold Price
$195,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Columbus have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Columbus was $195,000 in April 2024, up 8.3% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $20K | -63.6% |
| 2 Bedrooms | $44.2K | $79K | +78.5% |
| 3 Bedrooms | $159.9K | $155K | -3.1% |
| 4 Bedrooms | $249.9K | $311.6K | +24.7% |
| 5+ Bedrooms | $300K | $454.4K | +51.5% |
Summary: Columbus housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.6%, 2 bedroom homes increased by 78.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes increased by 51.5%.
Median Sold Price Compared To Nearby Cities
| Columbus | $179.9K | $195K | +8.3% |
| Columbus East | $164.5K | $155.4K | -5.5% |
Housing Supply in Columbus, GA
How many homes are available in Columbus, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 125 | 123 | -1.6% |
Summary: The Columbus real estate market had 123 homes for sale in April 2024, a 1.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 64 | 65 | +1.6% |
| 4 Bedrooms | 42 | 38 | -9.5% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Columbus housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbus, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Columbus in April 2024, up by 3.6% month-over-month. Of the 24 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Columbus, GA
How long does it take to sell a home in Columbus, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 34 Days | -31.1% |
Summary: Homes in Columbus had an average of 34 days on market in Apr 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Columbus are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 29 homes were sold in Columbus; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.