Is Columbia, SC 29223 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Columbia is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score44/ 100

More competitive than 44% of U.S. ZIP codes, and #21 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 supply4Under 4 months = seller’s market
Sold above original list21.1%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$141▼ −0.6% vs. last year

The Columbia housing market right now

In the three months ending August 31, 2026, 21% of homes in Columbia, SC 29223 sold above their list price, the typical home went under contract in 43 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 166 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (23% then), homes sold more slowly (35 days then) and the median sale price held steady to $244,894. Overall, Columbia is less competitive than a year ago, which gives buyers more room.

Within Richland County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Columbia ranks #21 of 191 SC ZIP codes with enough sales (score 44 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).

Nearby markets

Blythewood 29016Seller’s market $145 /sq ftColumbia 29201Seller’s market $213 /sq ftColumbia 29203Seller’s market $148 /sq ftColumbia 29204Seller’s market $166 /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 balanced market: there were 4 months of supply in Columbia, SC 29223 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 43 days in the latest three months.

Do homes in Columbia sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 98.4% 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 $244,894 in the three months ending August 31, 2026, about $141 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