Central Ohio Housing Market Update: January 2026

The Central Ohio housing market is starting 2026 with steady momentum, rising home values, and increasing buyer activity. According to the latest data from Columbus REALTORS® and the Columbus & Central Ohio Regional MLS, the new year is shaping up to bring a more balanced market with opportunities for both buyers and sellers.

Sales Activity Holds Steady

In January 2026, 1,504 homes closed across Central Ohio, essentially unchanged from January 2025. This stability is typical for the winter season and reflects consistent demand despite seasonal market slowdowns.

Buyer Activity Is Increasing

One of the biggest indicators of market momentum is contract activity. In January, 2,152 homes went under contract, a 5.5% increase year over year. This rise in pending sales suggests strong buyer demand heading into the spring market and signals continued confidence in Central Ohio real estate.

Home Values Continue to Rise

Home prices remain strong across the region. The average sales price reached $367,475, up 7.5% from last year, while the median sales price increased to $319,900, a 6.7% year-over-year gain. These increases demonstrate continued appreciation and strong long-term value for homeowners.

Homes Are Taking Longer to Sell

Market pace has slowed slightly compared to last year. Homes averaged 48 days on market, up from 43 days in January 2025. This shift gives buyers more time to evaluate options and negotiate, while sellers must focus on pricing, preparation, and marketing to attract strong offers.

Inventory Is Growing

Housing supply continues to expand, creating more balance in the market. There were 4,164 homes for sale in January, a 7.2% increase from last year, along with 2,226 new listings entering the market. More inventory provides buyers with additional choices while increasing competition among sellers.

What This Means for Buyers and Sellers

For buyers, rising inventory and longer market times create more opportunities and negotiating leverage. For sellers, strong appreciation and increasing buyer activity mean success is still achievable with the right pricing strategy and professional marketing.

Looking Ahead to Spring 2026

With contract activity rising and prices continuing to appreciate, the Central Ohio housing market is positioned for an active spring season. Buyers and sellers who prepare early and work with experienced professionals will be best positioned to take advantage of market opportunities.

If you’d like to discuss what these trends mean for your specific neighborhood or real estate goals, we'd love to help you create a plan.