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Is Columbus, MS 39702 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 3.2 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 supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.6%Sold price ÷ list price
Median days on market146Listing to accepted offer
Median price per sq ft$125▼ −13.3% vs. last year

The Columbus housing market right now

In the three months ending August 31, 2026, 0% of homes in Columbus, MS 39702 sold above their list price, the typical home went under contract in 146 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (21 days then) and the median sale price rose 35% to $251,391. Overall, Columbus is less competitive than a year ago, which gives buyers more room.

Run the numbers for 39702

Prefilled for 39702Can I win this house?Multiple-offer likelihood for a listing Prefilled for 39702Over-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 39701Seller’s market $37 /sq ftColumbus 39705Buyer’s market $145 /sq ft Browse all markets →

Towns like Columbus nearby

Find towns like Columbus in other states →
Amory, MS38821 · 35 miles away87% similarpricier homes ($35K more) · smaller West Point, MS39773 · 19 miles away85% similarsmaller Fayette, AL35555 · 33 miles away75% similarsmaller · older residents Aberdeen, MS39730 · 26 miles away74% similarcheaper homes ($51K less) · smaller

Where Columbus is

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Questions about Columbus real estate

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

A seller’s market: there were 3.2 months of supply in Columbus, MS 39702 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 146 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 95.6% 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 $251,391 in the three months ending August 31, 2026, about $125 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