The Downtown Columbia housing market is very competitive. The median sale price of a home in Downtown Columbia was $395K last month, down 1.3% since last year. The median sale price per square foot in Downtown Columbia is $238, down 9.66% since last year.
What is the housing market like in Downtown Columbia today?
In March 2024, Downtown Columbia home prices were down 1.3% compared to last year, selling for a median price of $395K. On average, homes in Downtown Columbia sell after 29 days on the market compared to 39 days last year. There were 7 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$395,000
-1.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Columbia, MD
$395,000
-1.3%
United States
To compare other locations to the Downtown Columbia and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Columbia add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Columbia housing market?
Downtown Columbia is very competitive. Homes sell in 14.5 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 15 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Columbia housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Columbia.
Risk Factor
Flood Factor - Severe
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Columbia has a severe risk of flooding. 34 properties in Downtown Columbia are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Downtown Columbia. Flood risk is increasing slower than the national average.
41% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Columbia has a minor risk of wildfire. There are 76 properties in Downtown Columbia that have some risk of being affected by wildfire over the next 30 years. This represents 41% of all properties in Downtown Columbia.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Columbia has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Columbia is most at risk from hurricanes. 181 properties in Downtown Columbia have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.
64% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Columbia has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 64% of homes in Downtown Columbia have a Major Heat Factor®.
Downtown Columbia is expected to see a 142% increase in the number of days over 104ºF over the next 30 years. Downtown Columbia is expected to experience 8