New Weakening in Home Prices for Columbia Real Estate Market

The Columbia market closed in on its 12-month sales average this week with 108 homes sold over the last 30 days. To put it in perspective, close-by Ellicott City registered 65 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $310,000, extending a four-week long spiral. The rising sales and a low three months of inventory point to Columbia being a seller's market.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Columbia:

$103K   $106K   $110K  

Get started right now by checking out Columbia homes for sale or reviewing Columbia real estate trends.

Demographic facts about Columbia:

  • This area has an affordability rating of 44. (Scale: 1 = Worst, 100 = Best)
  • The area gets an average of 44.4 inches of rain each year. (U.S. average: 36.5)
  • The area's income per capita is $42,990.
  • This area has a school rating of 76. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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Ask a local expert about this area:
Keller Williams Realty Centre
103 reviews
Goldsmith Realty, Inc.
Snapped 6 homes in this area
Long & Foster Real Estate, Inc.
Snapped 4 homes in this area

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