The latest housing data from Northwest Ohio REALTORS® reveals a market characterized by strong home values and steady year-to-date growth, despite a slight slowdown in sales during August.
In August 2025, Single Family homes saw a 5.5% decrease in new listings compared to August 2024, dropping from 1,004 to 949. Closed sales also fell 5.1%, while the Days on Market rose 10.5% to 63, indicating that homes are taking slightly longer to sell.
Prices, however, continue to climb. The median sales price increased 9.3% year-over-year to $224,000, while the average sales price rose 4.6% to $251,246. The price per square foot saw a 4.8% increase, reaching $139.42. Total sales volume for the month came in at $190.2 million, a slight 0.8% decrease from last August.
Year-to-date, the market shows strong momentum. New listings are up 8.2%, closed sales have risen 3.6%, and total volume has grown 13.5% to over $1.27 billion, reflecting continued buyer demand and rising home values.
The Condo/Villa market also performed well in August. Closed sales increased 3.9%, and prices rose modestly with the median sales price up 4.2% to $250,000. Total monthly volume grew 7.6% to $13.1 million. Year-to-date, condo sales are up 4.8%, and new listings have increased 7.9%, indicating solid growth in this segment of the market.
“The numbers show a market that is stabilizing while still offering strong returns for sellers,” said Emily Bailey, President of Northwest Ohio REALTORS®. “While we’ve seen a slight dip in activity this month, demand remains healthy, and rising home values continue to be a positive sign for both homeowners and our regional economy.”
With prices climbing and inventory levels holding steady at four months for single-family homes and three months for condos, Northwest Ohio’s housing market is moving toward balance, offering opportunities for both buyers and sellers as the year progresses.
| Single Family | August | Year to Date | ||||
| Key Metrics | 2024 | 2025 | % Change | Thru 8-2024 | Thru 8-2025 | % Change |
| New Listings | 1,004 | 949 | -5.5% | 6,510 | 7,043 | 8.2% |
| Closed Sales | 798 | 757 | -5.1% | 5,130 | 5,314 | 3.6% |
| Days on Market | 57 | 63 | 10.5% | 60 | 67 | 11.7% |
| SP$/SqFt | $133.08 | $139.42 | 4.8% | $125.50 | $133.21 | 6.1% |
| Median Sales Price* | $205,000 | $224,000 | 9.3% | $185,000 | $200,000 | 8.1% |
| Average Sales Price* | $240,249 | $251,246 | 4.6% | $218,903 | $235,484 | 7.6% |
| Months Supply of Inventory | 4 | 4 | 0.0% | — | — | — |
| Total Volume | $191,718,750 | $190,192,952 | -0.8% | $1,120,759,279 | $1,271,952,266 | 13.5% |
| Condo/Villa | August | Year to Date | ||||
| Key Metrics | 2024 | 2025 | % Change | Thru 8-2024 | Thru 8-2025 | % Change |
| New Listings | 64 | 63 | -1.6% | 458 | 494 | 7.9% |
| Closed Sales | 51 | 53 | 3.9% | 373 | 391 | 4.8% |
| Days on Market | 54 | 61 | 13.0% | 60 | 63 | 5.0% |
| SP$/SqFt | $141.77 | $146.22 | 3.1% | $146.68 | $146.48 | -0.1% |
| Median Sales Price* | $239,900 | $250,000 | 4.2% | $225,500 | $239,900 | 6.4% |
| Average Sales Price* | $237,983 | $246,364 | 3.5% | $240,964 | $242,444 | 0.6% |
| Months Supply of Inventory | 3 | 3 | 0.0% | — | — | — |
| Total Volume (in 1000’s) | $12,137,040 | $13,057,314 | 7.6% | $89,879,298 | $94,795,424 | 5.5% |