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North Columbus News

Tuesday, September 30, 2025

Ohio home sales rise slightly as inventory increases in August

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Michelle Billings, President | Ohio REALTORS

Michelle Billings, President | Ohio REALTORS

Ohio’s housing market experienced slight growth in August 2025, according to data released by Ohio REALTORS. The number of homes sold reached 12,123 for the month, a 0.5% increase compared to the same period last year when sales totaled 12,054. The average sales price rose to $268,000, representing a 5.1% gain from August 2024’s average of $255,000.

“Ohio’s housing market in August showed signs of stability,” said Ohio REALTORS President Michelle Billings. “Prices remain strong, reflecting homeownership as a great investment, while rising inventory is giving buyers more options. Although we’re still in a seller’s market, the data suggests movement toward a healthier balance between supply and demand. An Ohio REALTOR serves as a professional partner, guiding buyers and sellers through the intricate process of home buying and selling, to successfully achieve their housing goals.”

The inventory of active listings expanded for the third consecutive year. There were 36,943 properties listed for sale in August 2025—an increase of 10% from the previous year’s total of 33,559 and higher than the 29,799 recorded in August 2023. This ongoing rise in available homes points to increased confidence among sellers.

In terms of supply levels, Ohio had enough inventory for approximately 3.57 months at current sales rates during August—a figure that is up by nearly 9.5% from last year but still below what is typically considered a balanced market (six months’ supply).

Ohio REALTORS represents over 35,000 professionals statewide who work with clients on real estate transactions.

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