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Is Columbia, MO 65201 a buyer’s or seller’s market?

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

Columbia is a seller’s market. With about 3.1 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 supply3.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$184▼ −5.9% vs. last year

The Columbia housing market right now

In the three months ending August 31, 2026, 0% of homes in Columbia, MO 65201 sold above their list price, the typical home went under contract in 31 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 122 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (61 days then) and the median sale price fell 6% to $394,829. Overall, Columbia is more competitive than a year ago, so tougher for buyers.

Within Boone County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 65201

Prefilled for 65201Can I win this house?Multiple-offer likelihood for a listing Prefilled for 65201Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ashland 65010Seller’s market $200 /sq ftColumbia 65202Seller’s market $179 /sq ftColumbia 65203Seller’s market $176 /sq ftHallsville 65255Seller’s market $201 /sq ft Browse all markets →

Towns like Columbia nearby

Find towns like Columbia in other states →
Columbia, MO65202 · 4 miles away37% similarcheaper homes ($31K less) · older residents Columbia, MO65203 · 3 miles away33% similarhigher income ($32K more) · pricier homes ($100K more) Jefferson City, MO65109 · 25 miles away28% similarhigher income ($27K more) · cheaper homes ($27K less) Jefferson City, MO65101 · 28 miles away25% similarhigher income ($27K more) · smaller

Where Columbia is

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Questions about Columbia real estate

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

A seller’s market: there were 3.1 months of supply in Columbia, MO 65201 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?

The typical home went under contract in 31 days in the latest three months.

Do homes in Columbia sell over asking?

0% of homes sold above their original list price.

What are property taxes in Columbia?

About 0.85% of a home’s value a year in Boone County, or roughly $3,400 on a $400,000 home.

What is the median home price in Columbia?

The median sale price was $394,829 in the three months ending August 31, 2026, about $184 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