Central Ohio Housing Market Update: November 2025

As we head toward the end of 2025, the Central Ohio housing market is settling into a more balanced pace. According to the latest data released by Columbus REALTORS® and the Columbus & Central Ohio Regional MLS, buyers and sellers alike are finding new opportunities as inventory continues to grow and the market adjusts seasonally.

Sales Activity Remains Steady

In November, 2,193 homes closed across Central Ohio, marking a 2.2% increase compared to November 2024. While the pace of sales has slowed from the peak summer months, the year-to-date picture remains strong, with 27,330 homes sold in 2025, up 2.9% from last year. This indicates that buyers are still active and willing to move forward when the right home comes along.

Buyer Activity Cools Seasonally

Homes going under contract dipped slightly in November, with 2,146 properties entering contract, down 6.1% year over year. This shift is typical for late fall and early winter, when many buyers pause until the new year. However, year-to-date contract activity is still up 3.1%, showing that buyer demand hasn’t disappeared — it’s simply becoming more selective.

Home Values Continue to Hold Strong

Despite changing market conditions, home values remain resilient. The average sales price in November was $375,576, up 4.5% from last year, while the median sales price held steady at $325,000. These figures reinforce that sellers are still benefiting from appreciation, even as pricing becomes more sensitive to condition, location, and presentation.

Homes Are Taking Longer to Sell

One of the most noticeable changes in the market is time on market. In November, homes took an average of 40 days to sell, compared to 31 days last year. This extra time gives buyers more room to make thoughtful decisions, while sellers are being reminded that accurate pricing and strong marketing are more important than ever.

Inventory Continues to Rise

Inventory growth remains one of the biggest storylines of 2025. There were 5,497 homes for sale in November, representing a 19.5% increase from last year. At the same time, 2,218 new listings entered the market, keeping fresh options available for buyers. More inventory means more choices — and more competition — creating a healthier, more balanced market overall.

What This Means for Buyers and Sellers

For buyers, today’s market offers more options, more negotiating power, and less pressure to rush. For sellers, success is still very achievable, but it requires strategic pricing, thoughtful preparation, and professional marketing to stand out in a more competitive environment.

As Columbus REALTORS® President Buffie Patterson has noted in recent updates, fall and winter markets often bring motivated buyers and sellers together — and those who approach the market with clear goals and expert guidance tend to see the best results.

Final Thoughts

Whether you’re planning to buy, sell, or simply preparing for a move in 2026, understanding these trends can help you make confident decisions. Central Ohio remains a strong, stable market — and the opportunities are there for those who are prepared.

If you’d like to talk through what these numbers mean for your specific neighborhood or situation, we're always happy to help.