Columbia Real Estate Market Overview
Public School Ranking:
Selling a home in Columbia, SC
While there aren’t many specifics on when the best time is to sell a home in Columbia, Spring proves to be the most profitable time to do so. Not only are buyers more likely to pay full price during this time, but the overall sales peak. Since selling a home is a huge transaction, it’s important to understand all the options available to you. Some prefer using realtors, selling independently, or using iBuyers. Unlike realtors or selling as an FSBO, iBuyers can guarantee your home will be sold in under a month. They’ll first purchase the home from you, and then fix it up to be put back on the market for a small profit. Once your home belongs to the iBuyer, you won’t have to clean, stage, or pay for repairs.
Location & Weather
Columbia is the capital of South Carolina, and is the largest city in the state. It’s located in Richland County, but some of the city reaches into the Lexington County area as well. The city sits where the Saluda and the Broad rivers meet, forming the Congaree River. This city has been named one of the best places to live in South Carolina, and is known to provide its residents with an urban and suburban feel. There are plenty of gardens, museums, parks and landmarks to see here, such as the Riverbanks Zoo and Botanical Garden, South Carolina State Museum, Soda City, and Fort Jackson.
The weather in Columbia consists of hot summers and wet winters. Summer temperatures reach highs in the 90’s and lows in the 60’s, while winter temperatures reach highs in the 60’s and lows in the 30’s.
Population, Job Market & Cost of Living
The population in Columbia is just over 130,000 people. The job growth in this city has decreased by .2% in the last year but in ten years, is predicted to have increased by 27.4%. Several major industries here include healthcare, insurance information and technology, green energy production, and transportation and logistics. Some highly rated companies to work for as a Columbia resident are Colonial Life & Accident Insurance, BlueCross BlueShield of South Carolina, TEC Infrared Grills, Seibels, and Technetics Group. Regarding the cost of living here, it’s fairly affordable. The cost of living is lower than the state average and national average.
Whether you’re looking to settle down with your family, pursue a new career, or simply relocate to a new city, Columbia is worth consideration.