SC · Metro #72

Columbia - SC housing market

The Columbia metro has a typical home value of $257,718, up 1.5% from a year ago. Homes sell in 22 days on average, a balanced market. 30% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$257,718
+1.5% vs. year ago
Median sale price
$267,068
+4.6% YoY
Median list price
$307,667
Sale-to-list ratio
98.0%
Selling below ask
Days on market
22d
Listings w/ price cut
29.9%
New listings / mo
1,139
+4.7% YoY
Homes for sale
3,578
+15.3% YoY
Typical rent
$1,555/mo
+1.4% YoY
Context

How to read this data

The typical home value ($257,718) is the Zillow Home Value Index for the Columbia - SC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.5% over the past year. In Columbia - SC, that means a home worth $253,909 last year is now worth roughly $257,718.

The median sale price , what homes actually close for , is $267,068. Homes are selling at 98.0% of list price, meaning buyers have room to negotiate.

Homes listed in Columbia - SC sit on the market for roughly 22 days before going pending. Shorter = seller's market; longer = buyer's market.

About 29.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,139 new listings hit the market each month in Columbia - SC. There are currently 3,578 homes for sale, up 15.3% from a year ago.

The typical monthly rent in Columbia - SC is $1,555, up 1.4% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in SC

MetroHome value1-yr changeDays on market
Greenville - SC$317,097 +1.9% 22.0d
Charleston - SC$436,297 -0.7% 40.0d
Myrtle Beach - SC$341,312 -0.2% 50.0d
Spartanburg - SC$280,581 +2.0% 31.0d
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