As of May 2025, the real estate markets in Columbia, South Carolina, and Columbia, Maryland, exhibit distinct trends shaped by regional factors. Here’s a detailed overview of each:
🏡 Columbia, South Carolina Real Estate Market
Home Prices and Trends
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Median Sale Price: Approximately $257,000, reflecting a 1.2% decrease year-over-year.
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Average Home Value: Estimated at $224,616, marking a 2.3% increase over the past year.
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Median List Price: Around $261,887, up 12.9% from the previous year.
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Price per Square Foot: Approximately $165, indicating an 8.9% increase year-over-year.
Market Activity
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Homes Sold: 161 homes sold in April 2025.
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Days on Market: Median of 36 days, suggesting a moderately paced market.
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Inventory: Approximately 1,408 homes for sale, a 49% increase compared to March 2025.
Market Insights
The Columbia, SC market is experiencing a slight cooling in sale prices despite increased listing prices and inventory. The rise in available homes provides buyers with more options, potentially leading to more balanced negotiations.
🏡 Columbia, Maryland Real Estate Market
Home Prices and Trends
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Median Sale Price: Approximately $518,000, an 8.3% increase from the previous year.
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Average Home Value: Estimated at $521,436, up 2.4% over the past year.
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Median List Price: Around $500,000, reflecting a 17.6% increase from the previous month.
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Price per Square Foot: Approximately $254.
Market Activity
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Homes Sold: 102 homes sold in April 2025, up from 96 the previous year.
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Days on Market: Median of 10 days, indicating a highly competitive market.
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Inventory: Approximately 209 homes for sale, a significant 202.9% increase compared to March 2025.
Market Insights
Columbia, MD’s real estate market remains robust, with rising home values and swift sales. The substantial increase in inventory may offer more opportunities for buyers, but the market’s competitiveness suggests that desirable properties continue to sell quickly.
🔍 Comparative Overview
| Metric | Columbia, SC | Columbia, MD |
|---|---|---|
| Median Sale Price | $257,000 | $518,000 |
| Average Home Value | $224,616 | $521,436 |
| Median List Price | $261,887 | $500,000 |
| Price per Sq. Ft. | $165 | $254 |
| Median Days on Market | 36 days | 10 days |
| Inventory (April 2025) | 1,408 homes | 209 homes |