Is Columbus, IN 47201 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 3.4 months of supply and 10% 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 score35/ 100

More competitive than 33% of U.S. ZIP codes, and #252 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 supply3.4Under 4 months = seller’s market
Sold above original list9.7%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$144▲ +0.2% vs. last year

The Columbus housing market right now

In the three months ending August 31, 2026, 10% of homes in Columbus, IN 47201 sold above their list price, the typical home went under contract in 32 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 170 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (21 days then) and the median sale price rose 21% to $311,865. Overall, Columbus is less competitive than a year ago, which gives buyers more room.

Within Bartholomew County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Columbus ranks #252 of 306 IN ZIP codes with enough sales (score 35 out of 100).

Nearby, buyers who want less competition could look at Taylorsville 47280 (0% sold over asking) or Hartsville 47244 (0% sold over asking), while Columbus 47203 (12% sold over asking) is even more competitive.

Nearby markets

Columbus 47203Seller’s market $147 /sq ftElizabethtown 47232Balanced $154 /sq ftHartsville 47244 $122 /sq ftHope 47246Seller’s market $188 /sq ft Browse all markets →

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 3.4 months of supply in Columbus, IN 47201 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 32 days in the latest three months.

Do homes in Columbus sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Columbus?

About 0.75% of a home’s value a year in Bartholomew County, or roughly $3,000 on a $400,000 home.

What is the median home price in Columbus?

The median sale price was $311,865 in the three months ending August 31, 2026, about $144 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