Is Columbia, TN 38401 a buyer’s or seller’s market?

The Columbia housing market right now

In the three months ending August 31, 2026, 14% of homes in Columbia, TN 38401 sold above their list price, the typical home went under contract in 81 days and there were 4.6 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 411 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (60 days then) and the median sale price rose 3% to $404,027. Overall, Columbia is less competitive than a year ago, which gives buyers more room.

Within Maury County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Columbia ranks #188 of 299 TN ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Williamsport 38487 (0% sold over asking) or Mount Pleasant 38474 (6% sold over asking), while Santa Fe 38482 (17% sold over asking) is even more competitive.