Is Columbia Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Columbia Township was a Neutral Market.
Housing Prices in Columbia Township, OH
How much do homes in Columbia Township, OH cost?
Median Sold Price
$440,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Columbia Township was $440,000 in April 2024, up 1.7% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | - | N/A |
2 Bedrooms | $395.8K | $270.7K | -31.6% |
3 Bedrooms | $280K | $332.5K | +18.8% |
4 Bedrooms | $501.5K | $469.9K | -6.3% |
5+ Bedrooms | $445K | $550.9K | +23.8% |
Summary: Columbia Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.6%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 23.8%.
Median Sold Price Compared To Nearby Cities
Berea | $196K | $228K | +16.3% |
Olmsted Township | $232.5K | $243.5K | +4.7% |
Columbia Station | $425K | $437K | +2.8% |
Columbia Township | $432.5K | $440K | +1.7% |
Olmsted Falls | $238K | $241K | +1.3% |
Housing Supply in Columbia Township, OH
How many homes are available in Columbia Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 29 | -19.4% |
Summary: The Columbia Township real estate market had 29 homes for sale in April 2024, a 19.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 16 | 10 | -37.5% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 5 | 1 | -80.0% |
Summary: The Columbia Township 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 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Columbia Township in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for Columbia Township, OH
How long does it take to sell a home in Columbia Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 43 Days | -7.2% |
Summary: Homes in Columbia Township had an average of 43 days on market in Apr 2024, down by 7.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Columbia Township; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.