North Columbus News

Activity in Ohio's housing market experienced a slight decline in May, with sales decreasing by 1.3% compared to the same month last year, according to Ohio REALTORS. The state recorded 12,557 home sales in May 2025, down from 12,721 in May 2024. However, the average sales price increased by 2.7%, reaching $313,733 from $305,557 the previous year.

Ohio REALTORS President Michelle Billings commented on the data: “Ohio’s May home sales data shows signs of a normal, healthy market.” She noted that while home prices have stabilized and remain higher than last year, they continue to make homeownership an attractive investment option. Billings emphasized the role of Ohio REALTORS as professional partners who guide buyers and sellers through the complex process of buying and selling homes.

In terms of regional performance, 13 out of 14 markets across Ohio saw an increase in average sale prices for May compared to last year. Despite this growth in prices, overall home sales activity during the first five months of 2025 was down by 1.9% compared to January-May 2024. Year-to-date sales reached 49,280 homes, a decrease from the previous year's total of 50,229.

The average sales price for homes during this period was $294,401, marking a 4.9% rise from $280,542 a year ago. The data provided by Multiple Listing Services covers residential closings for both new and existing single-family homes and condominiums/co-ops.

Ohio REALTORS is the largest professional trade association in Ohio with over 35,000 members dedicated to serving their clients and communities with professionalism and expertise.

For further details on market-by-market sales activity in Ohio, more information is available online.