OfferBackedBuyer Tools

Is Columbus, MS 39701 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Columbus is a seller’s market. With about 1.1 months of supply and 0% 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.

Months of supply1.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list84.7%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$37▼ −62.3% vs. last year

The Columbus housing market right now

In the three months ending August 31, 2026, 0% of homes in Columbus, MS 39701 sold above their list price, the typical home went under contract in 18 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (69 days then) and the median sale price fell 70% to $23,990. Overall, Columbus is more competitive than a year ago, so tougher for buyers.

Run the numbers for 39701

Prefilled for 39701Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39701Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Caledonia 39740Seller’s market $143 /sq ftColumbus 39702Seller’s market $125 /sq ftColumbus 39705Buyer’s market $145 /sq ft Browse all markets →

Towns like Columbus nearby

Find towns like Columbus in other states →
Aliceville, AL35442 · 28 miles away60% similarsmaller · 9 min longer commute West Point, MS39773 · 16 miles away46% similarpricier homes ($36K more) · younger residents Brooksville, MS39739 · 13 miles away43% similarcheaper homes ($33K less) · smaller Louisville, MS39339 · 37 miles away43% similar6 min longer commute · more homeowners

Where Columbus is

Loading map…

Questions about Columbus real estate

Is Columbus a buyer’s or seller’s market?

A seller’s market: there were 1.1 months of supply in Columbus, MS 39701 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 Columbus?

The typical home went under contract in 18 days in the latest three months.

Do homes in Columbus sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 84.7% of the list price.

What are property taxes in Columbus?

About 0.60% of a home’s value a year in Lowndes County, or roughly $2,400 on a $400,000 home.

What is the median home price in Columbus?

The median sale price was $23,990 in the three months ending August 31, 2026, about $37 per square foot.

Local agents

See all agents in 39701 →

No sponsored agents in 39701 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 39701

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lowndes County property taxesLowndes County loan limitsClosing costs in MississippiHottest ZIP codes in Mississippi
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology