Ralph Mantica President at Ohio REALTORS | LinkedIn
Ralph Mantica President at Ohio REALTORS | LinkedIn
According to Ohio REALTORS, the housing market in Ohio experienced growth in January 2025. Home sales increased by 0.8% compared to the same period last year, with a total of 7,428 homes sold. The average sales price also saw an increase, reaching $274,522, which is a 7.6% rise from January 2024's average price of $255,052.
"Ohio’s housing market is showing strong momentum to start the year, with increased sales and rising home values reflecting continued confidence in our state’s real estate sector," said Michelle Billings, President of Ohio REALTORS. "The 0.8% uptick in sales and a 7.6% rise in average prices demonstrate a resilient market that remains attractive to buyers and sellers alike.”
Billings emphasized the role of Ohio REALTORS as professional partners who guide buyers and sellers through the home buying and selling process effectively.
In January 2025, 13 out of the 14 markets tracked across the state reported an increase in average sale prices compared to January of the previous year.
The data for this report was provided by Multiple Listing Services and includes residential closings for both new and existing single-family homes as well as condominiums/co-ops.
Ohio REALTORS is noted as Ohio's largest professional trade association with over 36,000 members dedicated to serving their clients and communities with expertise and professionalism.
For more detailed information on sales activity throughout Ohio on a market-by-market basis, further analysis can be accessed.