Market Snapshot
- Median listing price
- $224K
- Median rent
- $1,472/mo
- Days on market
- 47 days
- Gross rental yield
- 7.89%
- STR vs LTR
- $2,571/mo STR · $1,472/mo LTR
The median listing price in Columbia, SC ZIP 29204 is $223,950 as of November 2026.
The median market rent in Columbia, SC ZIP 29204 is $1,472/month as of November 2026.
The median days on market in Columbia, SC ZIP 29204 is 47 days as of November 2026. The market is currently cold.
At a median list price of $223,950 and a median rent of $1,472/month, the gross rental yield in Columbia, SC ZIP 29204 is 7.89% as of November 2026.
In Columbia, SC ZIP 29204, median Airbnb revenue is $2,571/month compared to median long-term rent of $1,472/month as of November 2026.
Columbia, SC 29204 Real Estate Market Report
ZIP Code: 29204
Report Date: November 2026
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.
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
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
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
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Columbia, SC, are averaging approximately 7.11%, which reflects the broader interest rate environment for property owners in this market throughout 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- Median sold price: $313,000 is the primary indicator of recent transaction activity and market value for SFR and condominium properties in 29204; it provides a more reliable market signal than asking prices.
- Median days on market: 47 suggests slower sales velocity and may indicate softer liquidity, particularly alongside a cold market temperature.
- Price year-over-year trend: <Highlight variant="red">down</Highlight> indicates ongoing pricing softness, while elevated inventory relative to sales activity may give buyers additional negotiating leverage.
- Median price per square foot: $213 provides a useful benchmark for evaluating current SFR and condominium pricing, while the median listing price of $223,950 appears materially below the median sold price and may reflect differences in the properties represented or timing between listing and closing.
- Median market rent: $1,472 with a flat rent year-over-year trend indicates stable rental pricing, while elevated interest rate pressure and approximately 7.11% current 30-year fixed mortgage rates may continue to weigh on purchasing affordability and transaction activity.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Below-market acquisition. Investor purchase with value-add potential through renovation.
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 7.11% rate, 0.0% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 11/13/2026
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