Market Report

Your Real Estate Market Update:

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

Updated December 20, 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.

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Central Ohio home sales rise modestly in November as inventory continues to grow.

COLUMBUS, Ohio (December 19, 2025) — The Central Ohio housing market showed steady performance in November, with closed sales and home prices posting year-over-year gains while inventory levels continued to improve, according to the latest data from the Columbus REALTORS® and the Columbus & Central Ohio Regional Multiple Listing Service.

Closed sales across the region totaled 2,193 in November, a 2.2 percent increase compared to the same month last year. The growth reflects continued buyer activity, even as higher interest rates and seasonal trends shape market behavior.

Home prices also inched higher. The median sales price reached $325,000, up 3.2 percent year over year. That number, $325,000, is identical to the median sales price in October.

Homes took longer to sell compared to last November. Days on market increased to 40 days, a 29 percent rise from a year ago, indicating buyers are taking more time to evaluate options as supply improves.

Inventory growth remained one of the most notable trends. The number of homes for sale rose to 5,497, marking a 19.5% increase compared to November 2024. While inventory levels are still below historic norms, the increase does give potential buyers more choice.

There wasn’t much movement in new listings as 2,218 homes were added to the Columbus & Central Ohio Regional MLS in November, a 0.6 percent increase from last year.

“More inventory and longer days on market are helping bring some balance back to central Ohio’s housing market,” said Buffie Patterson, 2025 President of Columbus REALTORS®.
Historically, the best time to find a deal on a new home is during the cold-weather months, and MLS data backs this up.

“If you’re a potential buyer, the winter provides an awesome opportunity to save a few percent off what you may see during peak buying season,” said Patterson. “For example, the median sales price in June was $350,000, and they are currently sitting at $325,000. That’s almost an 8% discount if you’re willing to bundle up during your move.”

Some local spots that buyers were noticing in November were in the Hilliard City School District, where there were 105 closed sales this month, a 31.3% increase over last year. Olentangy Local School District celebrated a Division I football state championship (Olentangy Orange) and posted 106 closed sales in November. That was a 14% increase over last year.