Is Columbia City, IN 46725 a buyer’s or seller’s market?

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

Columbia City is a seller’s market. With about 1.7 months of supply and 20% 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.

Competition score58/ 100

More competitive than 60% of U.S. ZIP codes, and #112 of 306 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

Months of supply1.7Under 4 months = seller’s market
Sold above original list20.2%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$173▲ +1.0% vs. last year

The Columbia City housing market right now

In the three months ending August 31, 2026, 20% of homes in Columbia City, IN 46725 sold above their list price, the typical home went under contract in 22 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 86 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (19% then), homes sold more slowly (18 days then) and the median sale price rose 2% to $301,869. Overall, Columbia City is about as competitive as it was a year ago.

On our competition score, Columbia City ranks #112 of 306 IN ZIP codes with enough sales (score 58 out of 100).

Nearby, buyers who want less competition could look at Larwill 46764 (0% sold over asking) or South Whitley 46787 (17% sold over asking).

Nearby markets

Churubusco 46723Seller’s market $167 /sq ftLarwill 46764Seller’s market $56 /sq ftSouth Whitley 46787Seller’s market $126 /sq ft Browse all markets →

Where Columbia City is

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Questions about Columbia City real estate

Is Columbia City a buyer’s or seller’s market?

A seller’s market: there were 1.7 months of supply in Columbia City, IN 46725 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 City?

The typical home went under contract in 22 days in the latest three months.

Do homes in Columbia City sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Columbia City?

About 0.70% of a home’s value a year in Whitley County, or roughly $2,800 on a $400,000 home.

What is the median home price in Columbia City?

The median sale price was $301,869 in the three months ending August 31, 2026, about $173 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