Is Columbia Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbia Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Columbia Township has remained a Seller's Market.

Key Takeaway

Columbia Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Columbia Township, NC

How much do homes in Columbia Township, NC cost?

Median Sold Price

$208,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$7,500(-3.5%)

Key Takeaway

Homes in Columbia Township have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in Columbia Township was $208,000 in May 2024, down 3.5% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$140K
N/A
2 $166.7K$199.9K
+19.9%
3 $210.2K$210K
-0.1%
4 $330K$315K
-4.5%
5+ -$260.7K
N/A

Summary: Columbia Township 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 increased by 19.9%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Franklinville
+14.0%
Ramseur
+11.9%
Liberty Township
+1.1%
Columbia Township
-3.5%

Housing Supply in Columbia Township, NC

How many homes are available in Columbia Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2928-3.4%

Summary: The Columbia Township real estate market had 28 homes for sale in May 2024, a 3.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 34
+33.3%
2 99
0.0%
3 1412
-14.3%
4 33
0.0%
5+ 00
0.0%

Summary: The Columbia Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbia Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Columbia Township in May 2024, up by 100.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.

Days on Market for Columbia Township, NC

How long does it take to sell a home in Columbia Township, NC?

Average Sale Time

May 2023May 2024CHANGE
47 Days43 Days-8.2%

Summary: Homes in Columbia Township had an average of 43 days on market in May 2024, down by 8.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Columbia Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 12 homes were sold in Columbia Township; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Columbia Township, NC

Nearby Markets to Columbia Township, NC

What housing markets are near Columbia Township, NC?