Columbia, SC 29229 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

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 $283,500 is the primary indicator of recent market value and transaction activity in Columbia, SC 29229; the down price year-over-year trend suggests pricing has softened.
2. The median days on market of 36 indicates slower sales velocity, so sellers should prioritize accurate pricing and strong property presentation to improve liquidity.
3. The median price per square foot of $146 provides a useful benchmark for evaluating SFR and condominium pricing, while elevated inventory relative to sales activity may give buyers more negotiating leverage.
4. The median listing price of $290,000 is above the median sold price of $283,500, which may indicate pricing friction between seller expectations and recent transaction outcomes.
5. The 7.11% average current 30-year fixed mortgage rate and elevated interest rate pressure are likely to weigh on affordability and support the cold market temperature; the flat rent year-over-year trend provides no evidence of near-term rental growth.

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.