Central Ohio Housing Report - April 2025

 COLUMBUS, Ohio (May 22, 2025)— 

Inventory spiked by 45% year over year in April, and sales also increased, showing a 3.7% improvement compared to last April in the latest housing statistics from the Columbus & Central Ohio Regional Multiple Listing Service.


View Listing
3262 Ellister Drive 

Total inventory reached 4,432 single-family homes and condominiums in the region, representing a 1.8-month supply. A balanced housing market would require enough homes to support 4-6 months of sales, or approximately 8,000-10,000 units.

“It’s great to see that homeowners are growing more confident and eager to list their properties,” shared Columbus REALTORS® President Buffie Patterson. “And let’s not forget, it’s the start of peak listing season. Potential buyers, get ready; your dream home may just be waiting for you.”

This month saw 3,703 new listings hit the market, representing a 13.7% increase compared to April 2024. The median sales price rose slightly by 0.8% to $320,000, while the total sales volume for April reached $954 million.



Connie Sadowski, Realtor

“On the buyer side, we've noticed a slight rise in price adjustments, and the increase in days on the market shows that buyers are maximizing their options,” said Patterson.

Homes spent 32 days on the market, on average, in April, up 14% from 28 days a year ago.

In the local market spotlight, Marion’s median sales price for April rose 33% to $195,375, which remains the lowest median sale price in the region. Buyers took notice as 58 closings occurred in Marion, with 74 deals in contract.

Meanwhile, the Olentangy Local School District remains one of the region’s hottest areas, having posted 114 closings with an additional 150 in contract. The median sales price in Olentangy LSD is $564,500.

Connie serves all of Central Ohio including Franklin, Delaware, Fayette, Licking, Madison, Marion, Morrow, Pickaway, and Union Counties and parts of Athens, Champaign, Clark, Clinton, Fairfield, Hocking, Knox, Logan, Muskingum, Perry, and Ross counties. Contact Connie Sadowski, Realtor with questions 614-943-0025 What’s My Home Worth, Mortgage Calculators, Search Homes and more at ConnieSadowski.com

Sortable Housing Stats by School District/County

Central Ohio Housing Statistics

Comments

Post a Comment

Thanks for commenting, please call me if I can answer questions or help in anyway. Connie Sadowski, Realtor 614-943-0025 website ConnieSadowski.com

Popular posts from this blog

Remodeling Impact Report

Image
Return on Investment Can’t move right now, and can't see yourself staying? Consider a kitchen renovation, bathroom remodel, basement finishing, or new exterior doors and windows ---but do not start work until you have estimates and call me to see if it's a good investment. I will provide a comparable market analysis to include recent sales of similar properties, your homes current condition before improvements are made, and consider the plan for renovations, and show your areas home sale market. You don't want to be the most expensive home in your neighborhood, especially if you are planning on selling within the next 5-10 years. Dave Fox Home Remodel and Additions at work Homeowners and renters remodel, redesign, and restructure their homes for a variety of reasons. This report takes a deep dive into the reasons a homeowner remodels, the outcome of taking on projects, and the increased happiness found in the home once a project is completed. It also contains: The typical c...
Read more

Central Ohio Housing Report — February 2025

Image
With almost 1,000 more homes on the market at this time in 2025 than 2024, a busy spring lies ahead for REALTORS® in central Ohio. The median sales price in the latest central Ohio housing report published by Columbus REALTORS® rose to $305,000, marking a 1.9% increase year over year, while inventory has reached its highest levels for a February since 2017. There were 3,716 homes for sale in the Columbus & Central Ohio Regional Multiple Listing Service at the end of February, a 32% increase over February 2024, when there were 2,817 single-family homes and condominiums on the market. “We’ve experienced some warm weather, and we can sense spring approaching,” said Columbus REALTORS® President Buffie Patterson. “From our previous experience, we know that as the weather changes, home sales tend to increase. I believe we are poised for a busy spring in central Ohio.” In 2024, sales increased by nearly 16% from February to March. With almost 1,000 additional homes on the market ...
Read more

Why Intel says it had to delay its Ohio One project in New Albany

Image
Intel released its annual 2024 report and 2025 forecast, addressing financial and political concerns that will affect the Ohio One plant. Intel’s revenue by national market Intel One by Katie Maillard WCMH As of February 28 with almost 1,000 more homes on the market in 2025 than 2024, a busy spring lies ahead for central Ohio.  The Sellers market continues to be strong read more about housing market here    Sunday, March 30, 2025  COLUMBUS, Ohio ( WCMH ) by Katie Millard  On Thursday, March 27, 2025, Intel released both reports and reaffirmed its commitment to build Intel Foundry, the semiconductor manufacturing division of the company that oversees the project underway in New Albany. Although the company said it wants Intel Foundry to become a market leader in semiconductor manufacturing, it said its strategy is “highly risky” and may not pay off. Intel said the competitive semiconductor market and unpredictable political concerns led them to slow the completio...
Read more