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Featured local agent — Columbus, MN
Sarah Mitchell
Compass Real Estate · Columbus, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Columbus, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$538,000median sale price
How is the Columbus, MN housing market right now?
The median home sale price in Columbus, MN is $538,000, down 30.5% year-over-year. Homes sell in an average of 15 days with 8 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Columbus a buyer's or seller's market?
Columbus, MN is currently a strong seller's market, based on 0.9 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
15
Fast-moving
Active listings
8
0.9 months supply
Sale-to-list
102.3%
Above asking
What does the Columbus housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $538,000 |
| Median list price | $640,000 |
| Year-over-year price change | -30.5% |
| Average days on market | 15 days |
| Active inventory | 8 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 102.3% |
| Median price per sq ft | $229/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 4 |
| Listings with a price cut | 12.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Columbus by property type?
How the Columbus, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $538,000 | $229/sq ft | 9 | 15 days |
| Townhouse | $535,000 | $292/sq ft | 1 | 39 days |
Source: Redfin · Updated monthly
The Columbus housing market is currently classified as a strong seller's market with a median sale price of $538,000. Prices have fallen 30.5% compared to last year, with homes spending an average of 15 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Columbus
There are currently 8 homes listed for sale in Columbus, Minnesota. The median listing price is $640K.
Active listings
8
Homes on market
Median list price
$640K
Avg. days on market
15
Days until sale
New this week
4
Newly listed
Who lives in Columbus?
Population
4,211
Median income
$117,917/yr
Median age
47.2 years
Owner-occupied
87.3%
College grads
29.3%
Avg commute
28.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Columbus?
Zillow home value
$490,425
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Columbus?
Columbus is a community of approximately 4K residents with a median age of 47.2 years.The median household income is $117,917, which reflects a relatively affluent area with strong earning potential. 29.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 87.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Columbus offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Columbus, MN?
Want a head-to-head view? Compare Columbus side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Columbus?
The median home sale price in Columbus is $538,000, down 30.5% from last year.
How long do homes stay on market in Columbus?
Homes typically spend 15 days on market before going under contract.
What is the median income in Columbus?
The median household income is $117,917 per year.
Is Columbus a buyer's or seller's market?
With 0.9 months of supply, Columbus is currently a strong seller's market.
What is the Zillow home value estimate for Columbus?
The Zillow Home Value Index (ZHVI) for Columbus is $490,425, representing the typical home value in the area.
How much does a single-family home cost in Columbus?
The median single-family home price in Columbus, MN is $538,000 (about $229 per square foot).
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