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Boundary of ZIP code 29203

Market Snapshot

Median listing price
$188K

The median listing price in Columbia, SC ZIP 29203 is $188,000 as of November 2026.

Median rent
$1,250/mo

The median market rent in Columbia, SC ZIP 29203 is $1,250/month as of November 2026.

Days on market
28 days

The median days on market in Columbia, SC ZIP 29203 is 28 days as of November 2026. The market is currently cold.

Gross rental yield
7.98%

At a median list price of $188,000 and a median rent of $1,250/month, the gross rental yield in Columbia, SC ZIP 29203 is 7.98% as of November 2026.

STR vs LTR
$2,149/mo STR · $1,250/mo LTR

In Columbia, SC ZIP 29203, median Airbnb revenue is $2,149/month compared to median long-term rent of $1,250/month as of November 2026.

Columbia, SC 29203 Real Estate Market Report

ZIP Code: 29203

Report Date: November 2026

Market Temperature:COLD

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
107
Active Listings
107
Sold Properties
0

Market Metrics

Median Listing Price
$188,000
Median Sold Price
$163,000
Median Price per Sqft
$121/sqft

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

Median Market Rent
$1,250

Property Taxes

Property Tax Rate
0.01%

Liquidity & Velocity

Median Days on Market
28
Sale-to-List Ratio
97.1%

Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Price YoY Trend
down
Market Temperature
cold
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed market rates in Columbia, SC, are approximately 7.11%, which is 0.89% higher than the 6.22% average observed for typical loans in this area one year ago.

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


Key Findings

  1. Median sold price: $163,000 is the primary indicator of recent market value and transaction activity; with a cold market temperature and a down year-over-year price trend, sellers should align expectations with completed-sale evidence.
  2. Median days on market: 28 days suggests slower sales velocity, while elevated inventory conditions may indicate more selective buyers and require sellers to prioritize accurate pricing and strong presentation.
  3. The median listing price: $188,000 is meaningfully above the median sold price: $163,000, which may signal pricing friction between seller expectations and recent market-clearing values; sellers should use comparable closed sales when setting asking prices.
  4. Interest rate pressure: elevated is a headwind for affordability, with current 30-year fixed market rates in Columbia, SC, at 7.11%, compared with 6.22% one year ago—an increase of 0.89% that may continue to moderate demand and liquidity.
  5. Median market rent: $1,250 with a flat rent year-over-year trend indicates stable reported rental pricing, but the available metrics do not support conclusions about rental yields or investment returns.

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.

Recent Transactions

12 Lambright Cir, Columbia, SC 29203Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2 baths2,385 sqft
$470,000
Oct 2026
$197/sqft
71 days on market
1300 Kinderway Ave, Columbia, SC 29203Premium

Sold above market average

3 beds1 baths2,171 sqft
$295,000
Oct 2026
$136/sqft
32 days on market
3800 Wellesley Dr, Columbia, SC 29203Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds2 baths2,404 sqft
$115,000
Sep 2026
$48/sqft
15 days on market
525 Calvary Dr, Columbia, SC 29203Market Benchmark

Sold at market average

3 beds1 baths980 sqft
$111,300
Oct 2026
$114/sqft
158 days on market
7109 Fran Dr, Columbia, SC 29203Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds1.5 baths1,056 sqft
$110,000
Sep 2026
$104/sqft
1 days on market
408 Christian St, Columbia, SC 29203Value

Sold below market average

4 beds2 baths1,014 sqft
$109,500
Oct 2026
$108/sqft
4600 Ryan Ave, Columbia, SC 29203Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

2 beds1 baths1,161 sqft
$75,000
Oct 2026
$65/sqft
8 days on market
1900 High St, Columbia, SC 29203Value

Sold below market average

3 beds1 baths1,587 sqft
$50,000
Oct 2026
$32/sqft
280 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$324/mo
29203 Avg Rent
29203 Cost to Own
Rent$1,250
Own$926

20% down, 7.11% rate, 0.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

29203 Avg nightly rate
29203 Avg occupancy (days/year)
Nightly rate$162/night
Occupancy232 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 11/13/2026

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