Is Columbia, MS 39429 a buyer’s or seller’s market?
Columbia is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 1% of U.S. ZIP codes, and #89 of 89 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, 0% of homes in Columbia, MS 39429 sold above their list price, the typical home went under contract in 75 days and there were 7.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (30 days then) and the median sale price rose 10% to $164,929. Overall, Columbia is less competitive than a year ago, which gives buyers more room.
On our competition score, Columbia ranks #89 of 89 MS ZIP codes with enough sales (score 5 out of 100).
Run the numbers for 39429
Nearby markets
Foxworth 39483Seller’s market $96 /sq ftKokomo 39643Seller’s market $31 /sq ftSandy Hook 39478Buyer’s market $83 /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 buyer’s market: there were 7.1 months of supply in Columbia, MS 39429 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 75 days in the latest three months.
Do homes in Columbia sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Columbia?
About 0.75% of a home’s value a year in Marion County, or roughly $3,000 on a $400,000 home.
What is the median home price in Columbia?
The median sale price was $164,929 in the three months ending August 31, 2026, about $87 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