Market Snapshot
- Median listing price
- $233K
- Median rent
- $1,675/mo
- Days on market
- 33 days
- Gross rental yield
- 8.61%
- STR vs LTR
- $1,589/mo STR · $1,675/mo LTR
The median listing price in Columbia, SC ZIP 29223 is $233,450 as of November 2026.
The median market rent in Columbia, SC ZIP 29223 is $1,675/month as of November 2026.
The median days on market in Columbia, SC ZIP 29223 is 33 days as of November 2026. The market is currently cold.
At a median list price of $233,450 and a median rent of $1,675/month, the gross rental yield in Columbia, SC ZIP 29223 is 8.61% as of November 2026.
In Columbia, SC ZIP 29223, median Airbnb revenue is $1,589/month compared to median long-term rent of $1,675/month as of November 2026.
Columbia, SC 29223 Real Estate Market Report
ZIP Code: 29223
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 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 market rates for 30-year fixed loans in Columbia SC are averaging 7.11%, reflecting a higher interest rate environment compared to earlier 2026 levels.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The median sold price of $229,500 is the primary indicator of recent market value and transaction activity in 29223; the down price year-over-year trend suggests pricing is softening.
- The median days on market of 33 indicates slower sales velocity, while the cold market temperature suggests buyers may have greater negotiating leverage and sellers may need realistic pricing and strong presentation.
- The median listing price of $233,450 is above the median sold price, which may indicate pricing friction between seller expectations and achieved transaction values; sellers should monitor buyer response and adjust positioning when necessary.
- The elevated inventory levels relative to sales activity suggest excess supply and slower liquidity across single-family residential and condominium properties; buyers may have more selection, while sellers should prioritize accurate pricing and market readiness.
- The elevated interest rate pressure, with current 30-year fixed loan rates averaging 7.11%, continues to constrain affordability and may dampen transaction activity; buyers should stress-test monthly payment capacity and sellers should account for rate-sensitive demand.
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
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.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Below-market acquisition. Investor purchase with value-add potential through renovation.
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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