Link to Original Article

Columbus and Central Ohio Market

COLUMBUS, Ohio (January 14, 2026)  Residential real estate sales in central Ohio rose 5.6% in December compared with the same month in 2024. The region recorded 2,291 closed sales, with a median sales price of $322,000.

For 2025, there were 29,626 closed sales recorded in the Columbus & Central Ohio Regional MLS, up from 28,754 sales in 2024, a 3% year-over-year increase. Gross residential real estate sales in central Ohio topped $11.1 billion in 2025. The gross residential real estate sales total was $10.5 billion in 2024.

Condominium sales edged up 0.9% for the year, accounting for 3,951 sales, or 13% of all residential transactions in central Ohio.

More Homes on the Market

Inventory continued its year-over-year growth trend, reaching 4,440 homes in December, up 14.2% from the same month last year. However, inventory declined 19.2% from November, when 5,497 homes were on the market, reflecting typical seasonal patterns as the region moves into winter. In 2024, there was a similar decline, with inventory falling from 4,600 in November to 3,889 (-15.4%) in December.

“The drop in inventory as we transition from fall to winter is typical in our region,” said 2026 Columbus REALTORS® President Gloria Alonso Cannon. “Traditionally, the cold-weather months are the slowest for new listings.”

“Even with seasonal slowdowns, buyer demand remained steady through the end of the year,” Alonso Cannon said. “Pricing has stabilized compared to earlier in the year, giving both buyers and sellers a clearer picture of where the market stands heading into 2026.”

The $322,000 median sales price in December marked its lowest point since April, when it sat at $320,000.  Days on market in December averaged 43 days, a 19.4% increase year over year.

Closed Sales

Of the 2,291 closed sales in December, 1,053 occurred in Franklin County, with a median sales price of $310,000. In Marion County, there were 60 closed sales, a 93.5% increase year over year.

Local Hot Spots

Olentangy Local School District posted 108 closed sales in December, a 24.1% year-over-year increase, with a median sales price of $539,850. Hilliard (Corp.) and Hilliard City School District combined for 137 closed sales, representing a 23% year-over-year increase.

Western Suburbs by School District

Dublin continues to be a stable market.  The number of closed sales in December increased from 78 to 79, and are up 1.3% year-over-year at 1030 compared to 1023 at the same time last year. The median sales price was down 10.8% in December, but is up 10.1% for the year, $583,500 vs. $530,000 for the year.  Days on market for December lengthened from 28 to 34. Homes sold for 9.1% less than listing price for the second month (3% under list price in November). This might be the start of a trend, but many factors including neighborhood, home staging and seller motivation influence selling price.

Hilliard, like last month, homes in the school district had a good month and continues to show consistent growth. The number of closed sales in December increased from 85 – 105. That’s an 23.5% jump year over year. For the year sales are up 5%  at 1273 compared to 1212 at the same time last year. The median sales price was up 7% in December and a meaningful 5.3% for the second month in a row, $374,900 vs. $394,900 for the year.  Homes were on the market for 38 in December and average 23 for the year. Homes sold for 5.1% under list price in December but are up 5.3% for the year.

South-Western including Galloway and Grove City, The number of closed sales in December decreased from 139 to 131, a 5.8% drop compared to last year.  For the year, sales are up 6.9% at 1733 compared to 1621year over year. The median sales price rose to 6.4% in December and up 5% for the year, $299,900 vs. $314,999 for the year.  Homes were on the market for 45 in December and average 30 for the year. Homes sold for an impressive 6.4% under list price in December.

Need a Deeper Dive?

If you are ready for a deep dive into your home’s value, reach out via my contact page, email or call.  I look forward to hearing from you.

December 2025 Podcast: Behind Every Move

About Columbus REALTORS®
Columbus REALTORS® represent more than 10,000 real estate professionals across Central Ohio and serves as the voice for real estate and property ownership in the region.

The Columbus & Central Ohio Regional Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fairfield, Fayette, Hocking, Licking, Madison, Marion, Morrow, Perry, Pickaway, and Union Counties, and parts of Athens, Champaign, Clark, Clinton, Knox, Logan, Muskingum, and Ross counties. It is a wholly owned subsidiary of Columbus REALTORS®.