Central Ohio real estate market news Archives - Columbus Ohio Real Estate | Buyer's Resource Realty Services

Central Ohio Homes Offer Value for Buyers

RealSupport — Sat, 15 Nov 2025 21:11:24 +0000

Quick! Name somewhere in the USA where you can buy a quality home under $400,000 in a major metropolitan area with ample job opportunities, including a growing tech sector. If you said Central Ohio, you’d be right! The latest data from Columbus REALTORS© shows that while home prices in Central Ohio are rising, our market continues to offer better value than many other locations in the country.

The newest statistics show that the national median home price stood at $415,200 as of October 2025. The median home price in Central Ohio was $325,000, reflecting a 3.2% increase on a year-over-year basis. Here’s a snapshot of some of the most active, and affordable, real estate markets in Central Ohio:

Hilliard City School District: median home price $387,000

Grove City South-Western City School District: median home price $306,000

Further from Columbus, the communities of Lancaster, Newark and Marion are being discovered by home buyers. As of October 2025, the median home sale prices in these markets ranged from $182,500 to $265,000.

The pace of Central Ohio home sales has slowed somewhat, with homes spending an average of 34 days on the market before going under contract. A year ago, homes spent an average of 28 days on the market. The slight slowdown in sales pace is due to the expansion of home inventory, which has improved throughout 2025.

Home inventory is measured by the time it would take for buyers to purchase everything that is currently available on the market, assuming no new listings popped up. Inventory stood at 2.4 months of supply in October 2025. In other words, even though new listings grew by 9% on a year-over-year basis, the pace of sales didn’t slow that much. This speaks to the healthy home demand in Central Ohio, and the need for home buyers to have their own expert representation in the market!

You will achieve the best home buying value with the help of an Exclusive Buyer’s Broker! Learn how with our free e-book, “How to Buy a Home Like a Pro!” Download it today from our website, without any obligation.

As Exclusive Buyer’s Brokers, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest, at all times.

Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!

Andrew Show
Exclusive Buyer’s Broker, CEBA-M, MCNE, CSP, PSA,e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services www.BuyersHome.com
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax

The post Central Ohio Homes Offer Value for Buyers appeared first on Columbus Ohio Real Estate | Buyer's Resource Realty Services.

Central Ohio Home Inventory Reaches 9-Year High

RealSupport — Tue, 23 Sep 2025 14:38:59 +0000

The inventory of homes for sale in Central Ohio reached the highest level in nine years during August 2025, according to data from Columbus REALTORS^©. On a year-over-year basis, home inventory has improved by 25%, with 5,736 residential properties listed for sale.

Improved inventory gave Columbus area home buyers some breathing room, but sales remain brisk. Homes spent an average of 29 days on market during August 2025, compared to 22 days on market August 2024.

Despite gains in the number of homes for sale, Central Ohio home prices are moving higher. The average home sales price reached $388,708 during August, an increase of 4.4% from a year ago. However, most home sellers are open to negotiation. Sellers received about 97.2% of their original asking price during August, which is a slight drop from the 98% average from August 2024.

A key indicator of housing demand is the rate of absorption. In other words, how long it would take to sell all the homes on the market, assuming no new listings joined the group. Currently, Central Ohio home inventory stands at 2.3 months of supply – meaning it would take just over 2 months to sell all the homes available on the market.

Historically, a “balanced’ market would stand at 5 to 6 months of supply, and we remain well below this. This is a fancy way of saying that home demand in Central Ohio is still outpacing the number of homes for sale, which is why home prices continue to rise.

All considered, recent reductions in mortgage interest rates, coupled with the improvement in Central Ohio home inventory, offers buyers the best market conditions we’ve seen in some time. We are still in a “seller’s market,” but there are good opportunities for buyers! And because we only represent buyers, we are 100% focused on your interests, helping you get the best home buying value for your budget.

The post Central Ohio Home Inventory Reaches 9-Year High appeared first on Columbus Ohio Real Estate | Buyer's Resource Realty Services.

Central Ohio Homeowners are Happy to Stay Put

RealSupport — Mon, 14 Sep 2020 08:19:16 +0000

When it comes to putting down roots, homeowners in Central Ohio have carved out quite a niche. According to a 2020 study by SmartAsset, reported in Columbus Business First, Worthington homeowners have held their properties for an average of 24.8 years. The national average for home retention is 13 years.

Long-term home ownership is also found in Pickerington, where homeowners have stayed in their residences for an average of 23.7 years. Delaware homeowners have been sticking around for an average of 18 years.

These embedded homeowners are reaping the benefits of wise home purchases in the past. For example, Worthington residents are spending an average of just 18% of their income on home ownership costs.

Worthington’s low ratio of distressed property, home ownership length and home value appreciation earned it the title of “Most Stable Housing Market in Ohio” by SmartAsset.

Earlier this year, SmartAsset named Pickerington and Hilliard among the “Top 10 Housing Markets in Ohio” based on neighborhood stability, speed of home sales, and home prices relative to income.

While this is great news for Central Ohio homeowners, it’s also an example why Columbus area home buyers have limited inventory to choose from. Homeowners simply do not have much motivation to move. Many purchased their homes during a less expensive period, and have refinanced their mortgages as interest rates fell.

Still, opportunities can be found in the Central Ohio real estate market. Patient home buyers who work with an Exclusive Buyer’s Broker can access the widest possible array of homes for sale – including homes on the Columbus Regional MLS, new construction, and homes For Sale by Owner!

As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

The post Central Ohio Homeowners are Happy to Stay Put appeared first on Columbus Ohio Real Estate | Buyer's Resource Realty Services.

Central Ohio Home Sales Surge in February

RealSupport — Fri, 27 Mar 2020 06:36:49 +0000

Spring came early to the Central Ohio real estate market as buyers flocked to available homes. According to Columbus REALTORS®, home inventory in February 2020 fell 9.9% compared to the same month a year ago.

Lean supply contributed to decisive buyer behavior and a record-setting level of February sales. Sales activity was 13.3% higher than February 2019, signaling a robust start to the 2020 spring and summer market.

The average sales price of a Central Ohio home increased 6.7% compared to last year, reaching $235,371. Homes priced below $350,000 are selling the fastest, averaging 41 days on market.

The average days on market increase as you go up the price ladder:

$350,000 to $500,000 = 78 days on market
$500,000 to $700,000 = 84 days on market
$700,000 and above = 111 days on market

However, statistics only count home sales occurring through the Columbus Regional Multiple Listing Service, and omit sales conducted directly by home builders or for-sale-by-owner. Real estate market conditions are highly localized and subject to change! Always seek the unbiased guidance of an Exclusive Buyer’s Broker before beginning your home search.

As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

The post Central Ohio Home Sales Surge in February appeared first on Columbus Ohio Real Estate | Buyer's Resource Realty Services.