Columbia, SC 29201 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The median sold price of $297,500 is the primary indicator of recent market value and transaction activity, while the median days on market of 43 suggests slower sales velocity and requires sellers to price competitively.
2. The market is <Highlight variant="red">cold</Highlight>, with the price year-over-year trend <Highlight variant="red">down</Highlight> and elevated inventory relative to sales activity; buyers may have greater negotiating leverage, while sellers should prioritize accurate pricing and property readiness.
3. The median listing price of $335,000 remains materially above the median sold price of $297,500, which may indicate pricing friction between seller expectations and achieved transaction values; this gap suggests sellers should calibrate asking prices to recent comparable sales.
4. The median price per square foot of $209 provides a useful valuation reference for SFR and condominium properties, while the median market rent of $1,806 and rent year-over-year trend <Highlight variant="green">up</Highlight> indicate improving rental pricing conditions without supporting a conclusion about investment returns.
5. Interest-rate pressure is <Highlight variant="red">elevated</Highlight>: current 30-year fixed mortgage rates in Columbia, SC are averaging 7.11%, compared with 6.22% one year ago, which may continue to constrain affordability and slow transaction volume.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.