Is Columbia, SC 29229 a buyer’s or seller’s market?
Columbia is a seller’s market. With about 2.8 months of supply and 19% 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 53% of U.S. ZIP codes, and #5 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, 19% of homes in Columbia, SC 29229 sold above their list price, the typical home went under contract in 41 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 255 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (18% then), homes sold about as fast and the median sale price fell 7% to $259,888. Overall, Columbia is about as competitive as it was a year ago.
Within Richland County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Columbia ranks #5 of 191 SC ZIP codes with enough sales (score 52 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) and Columbia 29223 (21% sold over asking) are even more competitive.
Run the numbers for 29229
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 →Towns like Columbia nearby
Find towns like Columbia in other states →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 2.8 months of supply in Columbia, SC 29229 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 41 days in the latest three months.
Do homes in Columbia sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 99.1% 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 $259,888 in the three months ending August 31, 2026, about $147 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