Perry and Ross Counties
“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.
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.
“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.” – Columbus REALTORS®
