Market Report

Your Real Estate Market Update:

Local Market Information provided by the Columbus Board of Realtors MLS.

Updated August 29, 2025

Here you will find the latest local housing trends that will give you insights, updates and analysis to your local marketplace. If you have any questions about this report or anything else related to real estate, please feel free to reach out to us. We are proud to be a trusted adviser and help you make important business decisions when it comes to real estate.

CLICK THIS LINK TO VIEW YOUR LATEST NEIGHBORHOOD MARKET OR COMPARE TWO MARKETS: marketstatsreports.showingtime.com/CR/sst/2023-06/main.htm

July 2025 Central Ohio Housing Report from Columbus REALTORS®

Housing inventory hit its highest level in a decade.

COLUMBUS, Ohio (August 21, 2025)— Housing inventory hit its highest level in a decade, and sales grew by 2.6% year over year in the latest central Ohio housing report, provided by Columbus REALTORS® and the Columbus & Central Ohio Regional MLS.

There were 2,899 closed sales in July, and the median sales price rose 4.6% to $342,000. While closed sales were up 2.6% year over year, July’s numbers marked a 1.8% decrease over June, when 2,951 sales were reported.

Housing inventory in central Ohio is up 20.8% year over year and 8.7% over last month as 5,638 single-family homes and condominiums were listed in the MLS in July. This marks the highest inventory of homes for sale since 2016, when there were 6,273 homes on the market.

“The increased inventory gives buyers more choice, and in some cases, more time to make their decision,” said 2025 Columbus REALTORS® President Buffie Patterson. “For sellers, accurate pricing matters now more than ever. A REALTOR® will help the seller stand out and protect your bottom line.”

With the rise in inventory, the days on market have increased to 27 days. Last year at this time, homes were selling in 22 days. There are currently 2.3 months of supply in central Ohio. This statistic estimates how long it would take to sell all active listings at the current monthly sales pace. Most economists consider a balanced market to be 5 to 6 months of inventory, meaning sellers still hold the advantage in central Ohio.

The median sales price is $15,000 higher than July 2024 at $324,000. While suburbs such as Dublin, Powell, New Albany, Grandview, and Bexley all boast median sales prices over $600,000 there are some more affordable communities who are seeing increased sales. Additionally, Bexley was named the No. 10 Hottest ZIP Code in the United States for 2025 by Realtor.com on August 6.

While prices overall are on the rise, some communities just outside of the I-270 loop are gaining buyers attention. These school districts all boast median sale prices under $300,000 and have each posted more than 25 closings in July 2025.

• Columbus City School District $269,950
• Groveport Madison LSD $255,500
• Lancaster CSD $275,000
• London CSD $290,000
• Marion CSD $193,000
• Newark CSD $230,000