August 2025 Central Ohio Housing Report from Columbus REALTORS®

by Joseph Speakman

August 2025 Central Ohio Housing Report from Columbus REALTORS®

Sortable Housing Stats by School District/County

Central Ohio Housing Statistics

COLUMBUS, Ohio (September 23, 2025) — As the summer selling season comes to a close, housing sales were up 3% in central Ohio in August 2025 when compared to one year ago. The median sales price also climbed 4.8% in the latest housing statistics provided by Columbus REALTORS® and the Columbus & Central Ohio Regional MLS.

There were 2,819 closed sales in August, including 2,461 single-family home sales and 358 condominiums.The median sales price rose to $338,000, up from $322,450 in 2024.“Inventory is the highest we’ve seen in years and prices are still edging up,” said Buffie Patterson, 2025 president of Columbus REALTORS®. “Buyers have more choice and a little more time.

Sellers who price to today’s market are still getting strong results. Buyers should keep an eye on those dropping mortgage rates, too.”Housing inventory has continued its steady climb. There were 5,736 total homes and condos for sale in the Columbus & Central Ohio Regional MLS in August. That marked a 25% increase year-over-year. It is also the highest total inventory in the region since 2016.

Fueling the housing stock were 3,442 new listings in August, a 3.9% increase over the same month last Year. Buyers are seeing marginal discounts at the closing table as homes received 99.2 percent of the last list price received at closing. Days on market was up 31.8% year over year from 22 days in 2024 to 29 days in 2025.

Outside of Columbus City, the most new listings were recorded in South-Western City School District (182 listings), Hilliard City School District (150), and Olentangy Local School District (142). In the local spotlight, sales increased by 56% year over year in Newark City School District, with 70 closed sales.

Falling rates on 30-year fixed-rate mortgages could boost a fall surge in the housing market. HousingWire reports an average of 6.25% on 30-year fixed-rate mortgages as of September 15. That is a new low for 2025. The question now is whether this trend can continue throughout the week, with the Federal Reserve meeting approaching.

The Columbus & Central Ohio Regional Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fairfield, Fayette, Hocking, Licking, Madison, Marion, Morrow, Perry, Pickaway, and Union Counties, and parts of Athens, Champaign, Clark, Clinton, Knox, Logan, Muskingum, and Ross counties.

Joseph Speakman, Columbus Realtor, JosephSpeakman.com, eMerge Real Estate, 614-607-3691

 

Categories

Recent Posts

Thought the Market Passed You By? Think Again.
Thought the Market Passed You By? Think Again.
Why You Don’t Need To Be Afraid of Today’s Mortgage Rates
Why You Don’t Need To Be Afraid of Today’s Mortgage Rates
Why Some Homes Sell Quickly – and Others Don’t Sell at All
Why Some Homes Sell Quickly – and Others Don’t Sell at All
The Reason Homes Feel Like They Cost So Much (It’s Not What You Think)
The Reason Homes Feel Like They Cost So Much (It’s Not What You Think)
Planning To Sell in 2026? Start the Prep Now
Planning To Sell in 2026? Start the Prep Now
Is the Housing Market Going To Crash? Here’s What Experts Say
Is the Housing Market Going To Crash? Here’s What Experts Say
The $280 Shift in Affordability Every Homebuyer Should Know
The $280 Shift in Affordability Every Homebuyer Should Know
2026 Housing Market Outlook
2026 Housing Market Outlook
Why More Buyers Are Turning to New Construction This Year
Why More Buyers Are Turning to New Construction This Year
August 2025 Central Ohio Housing Report from Columbus REALTORS®
August 2025 Central Ohio Housing Report from Columbus REALTORS®

Share on Social Media

Joseph Speakman

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(614) 607-3691

sales@josephspeakman.com

800 N High St, Columbus, OH, 43215, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of e-Merge Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

};