Columbia, SC Real Estate Market Update – June 2025: What Buyers and Sellers Need to Know

If you're considering buying or selling a home in Columbia, South Carolina, now is the time to pay close attention. The local real estate market is showing signs of steady growth, with key trends that both buyers and sellers should understand to make informed decisions.

Current Market Snapshot

As of June 2025, the Columbia housing market remains moderately competitive. Homes are receiving an average of two offers and typically sell within 47 days. The median sale price has climbed to $271,000, marking a 10.6% increase compared to the same time last year. Additionally, the price per square foot has risen to over $150.

Inventory and Demand Trends

Inventory is on the rise, with 1,415 homes listed for sale in May 2025, a 57% increase from April. While this gives buyers more options, the market still favors sellers due to relatively low overall supply. Columbia currently has about 2.6 months of housing inventory, well below the 6-month benchmark of a balanced market.

Mortgage Rates and Affordability

Mortgage rates have slightly decreased, with the 30-year fixed rate hovering around 6.84%. While this is higher than the historic lows of a few years ago, it's still manageable for many buyers—especially when compared to rising rent prices, which are expected to continue outpacing home values.

What This Means for Buyers

More inventory means more choices, but competition remains.
Act quickly on well-priced homes, as demand is still strong.
Lock in rates now if you're financially ready—waiting for a major drop may not pay off.

What This Means for Sellers

Home values are up, making it a great time to list.
Well-presented homes are still moving quickly, especially in desirable neighborhoods.
Pricing strategically is key—buyers are informed and cautious.

Looking Ahead: 2025 and Beyond

Experts forecast modest but steady growth in Columbia’s housing market through 2026. With continued migration into South Carolina and limited housing supply, demand is expected to remain strong. However, price increases may begin to level off, offering a more stable environment for both buyers and sellers.

Thinking about making a move in Columbia, SC? Whether you're buying, selling, or investing, staying informed is your first step toward success. Reach out today for a personalized market analysis or to explore your options in this dynamic market.

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