Is Columbia Station, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Columbia Station has remained a Seller's Market.
Housing Prices in Columbia Station, OH
How much do homes in Columbia Station, OH cost?
Median Sold Price
$440,062
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Columbia Station was $440,062 in May 2024, up 3.5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | - | N/A |
2 Bedrooms | $350K | $225K | -35.7% |
3 Bedrooms | $282.4K | $315K | +11.5% |
4 Bedrooms | $492.2K | $473K | -3.9% |
5+ Bedrooms | $435K | $579.5K | +33.2% |
Summary: Columbia Station 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 35.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 33.2%.
Median Sold Price Compared To Nearby Cities
Liverpool Township | $401.5K | $512K | +27.5% |
Olmsted Township | $221.5K | $262K | +18.3% |
Olmsted Falls | $235K | $247.5K | +5.3% |
Columbia Township | $427.8K | $444K | +3.8% |
Columbia Station | $425K | $440K | +3.5% |
Housing Supply in Columbia Station, OH
How many homes are available in Columbia Station, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 34 | -5.6% |
Summary: The Columbia Station real estate market had 34 homes for sale in May 2024, a 5.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 21 | 16 | -23.8% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Columbia Station housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 8 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Columbia Station in May 2024, down by 42.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Columbia Station, OH
How long does it take to sell a home in Columbia Station, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
45 Days | 27 Days | -40.0% |
Summary: Homes in Columbia Station had an average of 27 days on market in May 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Columbia Station; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.