SC · Metro #72

Columbia - SC housing market

The Columbia metro has a typical home value of $256,154, up 1.3% from a year ago. Homes sell in 22 days on average - a balanced market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$256,154
+1.3% vs. year ago
Median sale price
$261,402
+2.4% YoY
Median list price
$304,667
Sale-to-list ratio
97.8%
Selling below ask
Days on market
22d
Listings w/ price cut
28.2%
New listings / mo
1,151
+5.9% YoY
Homes for sale
3,467
+14.4% YoY
Typical rent
$1,537/mo
+1.1% YoY
Context

How to read this data

The typical home value ($256,154) 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 1.3% over the past year. In Columbia - SC, that means a home worth $252,867 last year is now worth roughly $256,154.

The median sale price , what homes actually close for , is $261,402. Homes are selling at 97.8% 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 28.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,151 new listings hit the market each month in Columbia - SC. There are currently 3,467 homes for sale, up 14.4% from a year ago.

The typical monthly rent in Columbia - SC is $1,537, up 1.1% 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$315,285 +2.0% 19.0d
Charleston - SC$435,877 -0.9% 38.0d
Myrtle Beach - SC$340,239 -0.6% 48.0d
Spartanburg - SC$279,792 +2.3% 28.0d
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