Is Columbus, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Columbus was a Seller's Market.
Housing Prices in Columbus, TX
How much do homes in Columbus, TX cost?
Median Sold Price
$300,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Columbus was $300,000 in May 2024, up 13.3% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | - | N/A |
2 Bedrooms | $206.5K | $185K | -10.4% |
3 Bedrooms | $282.5K | $312.2K | +10.5% |
4 Bedrooms | $373K | $399K | +7.0% |
5+ Bedrooms | $425K | - | N/A |
Summary: Columbus housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 7%, 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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 36 | +16.1% |
Summary: The Columbus real estate market had 36 homes for sale in May 2024, a 16.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 18 | 23 | +27.8% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Columbus housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Columbus in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
132 Days | 13 Days | -89.8% |
Summary: Homes in Columbus had an average of 13 days on market in May 2024, down by 89.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Columbus; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.