Is Columbia, SC 29203 a buyer’s or seller’s market?
Columbia is a seller’s market. With about 3.3 months of supply and 14% 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.
More competitive than 31% of U.S. ZIP codes, and #64 of 191 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
The Columbia housing market right now
In the three months ending August 31, 2026, 14% of homes in Columbia, SC 29203 sold above their list price, the typical home went under contract in 42 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 107 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (32 days then) and the median sale price rose 5% to $212,408. Overall, Columbia is less competitive than a year ago, which gives buyers more room.
Within Richland County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Columbia ranks #64 of 191 SC ZIP codes with enough sales (score 34 out of 100).
Nearby, Eastover 29044 (22% sold over asking) and Columbia 29223 (21% sold over asking) are even more competitive.
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Nearby markets
Blythewood 29016Seller’s market $145 /sq ftColumbia 29201Seller’s market $213 /sq ftColumbia 29204Seller’s market $166 /sq ftColumbia 29205Seller’s market $234 /sq ft Browse all markets →Towns like Columbia nearby
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Questions about Columbia real estate
Is Columbia a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Columbia, SC 29203 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 42 days in the latest three months.
Do homes in Columbia sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Columbia?
About 0.67% of a home’s value a year in Richland County, or roughly $2,680 on a $400,000 home.
What is the median home price in Columbia?
The median sale price was $212,408 in the three months ending August 31, 2026, about $148 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