Is Columbia, SC 29204 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 3.4 months of supply and 20% 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 score48/ 100

More competitive than 48% of U.S. ZIP codes, and #12 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

Months of supply3.4Under 4 months = seller’s market
Sold above original list19.7%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$166▲ +11.7% vs. last year

The Columbia housing market right now

In the three months ending August 31, 2026, 20% of homes in Columbia, SC 29204 sold above their list price, the typical home went under contract in 33 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 73 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (36 days then) and the median sale price rose 5% to $239,896. Overall, Columbia is more competitive than a year ago, so tougher for buyers.

Within Richland County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Columbia ranks #12 of 191 SC ZIP codes with enough sales (score 48 out of 100).

Nearby, buyers who want less competition could look at Columbia 29210 (14% sold over asking) or Columbia 29203 (14% sold over asking), while Eastover 29044 (22% sold over asking) is even more competitive.

Nearby markets

Blythewood 29016Seller’s market $145 /sq ftColumbia 29201Seller’s market $213 /sq ftColumbia 29203Seller’s market $148 /sq ftColumbia 29205Seller’s market $234 /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 3.4 months of supply in Columbia, SC 29204 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 33 days in the latest three months.

Do homes in Columbia sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 98.1% 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 $239,896 in the three months ending August 31, 2026, about $166 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