Is Columbia, IL 62236 a buyer’s or seller’s market?

The Columbia housing market right now

In the three months ending August 31, 2026, 38% of homes in Columbia, IL 62236 sold above their list price, the typical home went under contract in 32 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 43 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 26%, homes sold faster (45 days then) and the median sale price rose 15% to $362,343. Overall, Columbia is more competitive than a year ago, so tougher for buyers.

Within Monroe 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, Columbia ranks #246 of 464 IL ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at Renault 62279 (0% sold over asking) or Fults 62244 (20% sold over asking), while Valmeyer 62295 (100% sold over asking) is even more competitive.