Is Columbus, IN 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.
Housing Prices in Columbus, IN
How much do homes in Columbus, IN cost?
Median Sold Price
$261,666
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Columbus was $261,666 in April 2024, up 2.6% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $83.2K | $123K | +47.7% |
2 Bedrooms | $150K | $173K | +15.3% |
3 Bedrooms | $244.9K | $246K | 0.4% |
4 Bedrooms | $336.2K | $368.2K | +9.5% |
5+ Bedrooms | $455K | $462.5K | +1.6% |
Summary: Columbus housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.7%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $400K | $445K | +11.3% |
Columbus Township | $249.9K | $261.6K | +4.7% |
Columbus | $255.1K | $261.6K | +2.6% |
Clay Township | $255K | $237.6K | -6.8% |
Housing Supply in Columbus, IN
How many homes are available in Columbus, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
236 | 239 | +1.3% |
Summary: The Columbus real estate market had 239 homes for sale in April 2024, a 1.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 37 | 41 | +10.8% |
3 Bedrooms | 111 | 104 | -6.3% |
4 Bedrooms | 59 | 63 | +6.8% |
5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The Columbus housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.8%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
80 | 68 | -15.0% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Columbus in April 2024, down by 15.0% month-over-month. Of the 68 sold homes, 56% were sold under asking, 21% were sold at asking, and 24% were sold over asking.
Days on Market for Columbus, IN
How long does it take to sell a home in Columbus, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 25 Days | +4.4% |
Summary: Homes in Columbus had an average of 25 days on market in Apr 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 68 homes were sold in Columbus; 81% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.