SC · Metro #72

Columbia - SC housing market

The Columbia metro has a typical home value of $254,348, up 1.2% from a year ago. Homes sell in 23 days on average - a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$254,348
+1.2% vs. year ago
Median sale price
$265,247
+4.0% YoY
Median list price
$301,633
Sale-to-list ratio
97.7%
Selling below ask
Days on market
23d
Listings w/ price cut
26.7%
New listings / mo
1,023
+4.8% YoY
Homes for sale
3,261
+12.8% YoY
Typical rent
$1,537/mo
+1.4% YoY
Context

How to read this data

The typical home value ($254,348) 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 1.2% over the past year. In Columbia - SC, that means a home worth $251,332 last year is now worth roughly $254,348.

The median sale price , what homes actually close for , is $265,247. Homes are selling at 97.7% of list price, meaning buyers have room to negotiate.

Homes listed in Columbia - SC sit on the market for roughly 23 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,023 new listings hit the market each month in Columbia - SC. There are currently 3,261 homes for sale, up 12.8% from a year ago.

The typical monthly rent in Columbia - SC is $1,537, 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$312,533 +2.0% 22.0d
Charleston - SC$434,229 -0.9% 34.0d
Myrtle Beach - SC$337,830 -1.0% 52.0d
Spartanburg - SC$277,911 +2.4% 31.0d
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