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.
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
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
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
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.