Weekly Residential Home Sales Report + Monthly Sales Dashboard

Franklin County, Ohio Public Information Officers sent this bulletin at 01/08/2023 08:00 AM EST

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COLUMBUS, Ohio –  After a dip in prices last month, the median sale price is once again increasing, according to December data from the Franklin County Auditor’s Real Estate Dashboard.

The median sale price of a home in December was $257,900, an increase of 5% compared to December 2021. By contrast, in November the sale price had decreased 1% year over year, the first time the price had decreased since the dashboard was created in 2020.

The total sales amount for December plummeted 17% to $348.4 million, which could be a reflection of a decrease in the total number of sales by 322 to 1,183 sales.

“Even though the housing market is slowing down, as it is across the country, the increase in median sale price shows both a healthy central Ohio market and the continuing need for affordable housing for our residents,” Auditor Michael Stinziano said.

Locally, Bexley saw an increase in median sale price of 15%, while Gahanna saw the price increase 7%. In both municipalities, the total number of sales saw big decreases. In Columbus, Clintonville saw an increase in the median sale price of 16% while the Hilltop experienced an increase of 4%.

The Real Estate Dashboard is updated monthly and uses intuitive GIS mapping to show sales activity and statistics for homes across Franklin County. The tool can break down sales data by municipality, school district, or Columbus area commission, giving homeowners a comprehensive view of sales activity in their neighborhoods.

December 2022 Franklin County sales by the numbers:

• 1,183 total number of sales, a decrease of 322 compared to December 2021
• $257,900 median sale price, an increase of 5% compared to December 2021
• $348.4 million in total sales, a decrease of 17% compared to December 2021