Is Columbus, KS 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, Columbus has remained a Seller's Market.
Key Takeaway
Columbus is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbus, KS
How much do homes in Columbus, KS cost?
Median Sold Price
$110,000
$71/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Columbus have sold for 35% more than they did a year ago.
Summary: The median home sold price in Columbus was $110,000 in May 2024, up 35% from last year, and the median price per square foot was $71.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $55K | -15.4% |
| 2 Bedrooms | $63K | $38K | -39.7% |
| 3 Bedrooms | $94.5K | $127K | +34.4% |
| 4 Bedrooms | $137.8K | $189.5K | +37.5% |
| 5+ Bedrooms | $76.5K | - | N/A |
Summary: Columbus housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 39.7%, 3 bedroom homes increased by 34.4%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes did not change.
Housing Supply in Columbus, KS
How many homes are available in Columbus, KS?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 46 | +35.3% |
Summary: The Columbus real estate market had 46 homes for sale in May 2024, a 35.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 6 | +200.0% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Columbus housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbus, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Columbus in May 2024, up by 40.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Columbus, KS
How long does it take to sell a home in Columbus, KS?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 118 Days | 98 Days | -16.8% |
Summary: Homes in Columbus had an average of 98 days on market in May 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Columbus has remained consistent over time.
Summary: During May 2024, 14 homes were sold in Columbus; 0% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.