Market Snapshot
- Median listing price
- $249K
- Median rent
- $1,650/mo
- Days on market
- 38 days
- Gross rental yield
- 7.97%
- STR vs LTR
- $2,468/mo STR · $1,650/mo LTR
The median listing price in Columbia, SC ZIP 29209 is $248,500 as of November 2026.
The median market rent in Columbia, SC ZIP 29209 is $1,650/month as of November 2026.
The median days on market in Columbia, SC ZIP 29209 is 38 days as of November 2026. The market is currently neutral.
At a median list price of $248,500 and a median rent of $1,650/month, the gross rental yield in Columbia, SC ZIP 29209 is 7.97% as of November 2026.
In Columbia, SC ZIP 29209, median Airbnb revenue is $2,468/month compared to median long-term rent of $1,650/month as of November 2026.
Columbia, SC 29209 Real Estate Market Report
ZIP Code: 29209
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
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory 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 7.11%, which is 0.36% higher than the 6.75% average observed for typical loans in this area earlier in 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: $265,000 is the primary indicator of market value and recent transaction activity in 29209; the neutral market temperature suggests generally balanced conditions rather than a one-sided market.
- The median days on market: 38 indicates a measured sales pace, while elevated inventory relative to sales activity may give buyers more time to evaluate properties and increase the need for accurate pricing.
- The median listing price: $248,500 sits below the median sold price of $265,000, a notable spread that may reflect differences in the homes listed versus those recently sold; sellers should benchmark carefully against comparable closed transactions rather than rely solely on asking prices.
- The median market rent: $1,650 is supported by an up year-over-year rent trend, while the current 30-year fixed mortgage rate: 7.11% is 0.36% higher than the 6.75% average observed earlier in 2026, creating elevated interest rate pressure for financed buyers.
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.
Quick sale indicating strong buyer demand and competitive market conditions.
Sold at 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.
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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