Is Columbia, MD 21044 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Columbia is a seller’s market. With about 1.7 months of supply and 47% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score84/ 100

More competitive than 89% of U.S. ZIP codes, and #16 of 241 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.7Under 4 months = seller’s market
Sold above original list47.4%Share of sales, last 3 months
Median sale-to-list101.1%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$250▲ +3.5% vs. last year

The Columbia housing market right now

In the three months ending August 31, 2026, 47% of homes in Columbia, MD 21044 sold above their list price, the typical home went under contract in 25 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 161 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (46% then), homes sold more slowly (20 days then) and the median sale price fell 10% to $517,276. Overall, Columbia is about as competitive as it was a year ago.

Within Howard County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Columbia ranks #16 of 241 MD ZIP codes with enough sales (score 84 out of 100).

Nearby, buyers who want less competition could look at Dayton 21036 (10% sold over asking) or Savage 20763 (25% sold over asking), while Woodbine 21797 (63% sold over asking) and Glenwood 21738 (60% sold over asking) are even more competitive.

Nearby markets

Clarksville 21029Seller’s market $285 /sq ftColumbia 21045Seller’s market $255 /sq ftColumbia 21046Seller’s market $252 /sq ftCooksville 21723Seller’s market $209 /sq ft Browse all markets →

Where Columbia is

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Questions about Columbia real estate

Is Columbia a buyer’s or seller’s market?

A seller’s market: there were 1.7 months of supply in Columbia, MD 21044 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Columbia?

The typical home went under contract in 25 days in the latest three months.

Do homes in Columbia sell over asking?

47% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.

What are property taxes in Columbia?

About 1.17% of a home’s value a year in Howard County, or roughly $4,680 on a $400,000 home.

What is the median home price in Columbia?

The median sale price was $517,276 in the three months ending August 31, 2026, about $250 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology