As we step into the summer months, the June 2025 housing market in Central Ohio is showing signs of balance—and opportunity. Whether you're buying, selling, or investing, the latest data from the Columbus REALTORS® June report offers important insights.
Key Highlights from June 2025
1. More Homes on the Market
Active inventory increased by 34.8% compared to June 2024, giving buyers more choices than they’ve had in years.
➡️ Translation: less competition and more time to make smart decisions.
2. Prices Are Rising—but Slower
The median sale price reached $350,000, up 4.5% from last year. That’s a smaller increase compared to the double-digit growth we’ve seen in past years.
➡️ For sellers, your equity is still growing. For buyers, prices are more predictable.
3. Homes Are Taking a Bit Longer to Sell
On average, homes spent 25 days on the market, up slightly from 22 days last year.
➡️ Sellers, pricing your home right is key. Buyers, you may have more negotiation power.
4. Mortgage Rates Hold Steady
Rates remained around 7%, which has kept some buyers cautious. However, the data shows that if rates drop even to 6%, it could open the market to 41,000+ new buyers in Columbus alone.
➡️ Waiting for rates to drop? Now might be the time to prepare—before competition heats up again.
What This Means for You
Buyers: With more listings available, now is the time to explore your options. Get pre-approved, know your budget, and be ready to act when the right home comes up.
Sellers: Homes are still selling—but strategy matters. Pricing your home properly and presenting it well can make all the difference in a slightly slower market.
Investors: With more inventory and steady prices, now could be the moment to expand your portfolio or pick up a rental property in a growing metro like Columbus.
