(Maumee, OH – August, 13, 2025) – The Northwest Ohio housing market posted strong gains in July 2025, with both new listings and closed sales rising across single-family homes and condos/villas, according to data released by Northwest Ohio REALTORS®.
In the single-family market, new listings climbed 5.5% compared to July 2024, reaching 999, while closed sales increased 8.3% to 797. Homes sold for a median price of $209,000, up 4.5% from last year, and the average sales price rose 8.4% to $244,631. Price per square foot gained 5.6% year-over-year to $138.91. While homes stayed on the market longer—64 days on average compared to 52 days in 2024—total sales volume surged 17.4% to nearly $195 million. Year-to-date, the single-family market has seen double-digit growth in listings (+10.4%) and prices, with total sales volume up 16.4% from the same period in 2024.
The condo/villa market also saw notable activity. New listings jumped 26.2% in July to 82, and closed sales edged up 1.7% to 59. Median sales prices dipped slightly to $249,500, while the average sales price increased 6.5% to $284,033. Year-to-date, condo/villa listings are up 9.1% and closed sales are up 5.0%, with the median sales price improving 5.6% compared to last year.
“This summer, our housing market is showing resilience and strength, with increased opportunities for both buyers and sellers,” said Emily Bailey, President of Northwest Ohio REALTORS®. “Rising sales and steady price growth signal continued confidence in our local real estate market, even as homes are taking a bit longer to sell.”
Northwest Ohio REALTORS® will continue to monitor trends and provide updated market insights for the region’s buyers, sellers, and industry professionals.
Single Family | July | Year to Date | ||||
Key Metrics | 2024 | 2025 | % Change | Thru 7-2024 | Thru 7-2025 | % Change |
New Listings | 947 | 999 | 5.5% | 5,506 | 6,078 | 10.4% |
Closed Sales | 736 | 797 | 8.3% | 4,333 | 4,557 | 5.2% |
Days on Market | 52 | 64 | 23.1% | 60 | 67 | 11.7% |
SP$/SqFt | $131.49 | $138.91 | 5.6% | $124.11 | $133.86 | 7.9% |
Median Sales Price* | $200,000 | $209,000 | 4.5% | $180,500 | $200,000 | 10.8% |
Average Sales Price* | $225,757 | $244,631 | 8.4% | $214,441 | $237,406 | 10.7% |
Months Supply of Inventory | 4 | 4 | 0.0% | — | — | — |
Total Volume | $166,007,293 | $194,970,777 | 17.4% | $929,039,529 | $1,081,859,314 | 16.4% |
Condo/Villa | July | Year to Date | ||||
Key Metrics | 2024 | 2025 | % Change | Thru 7-2024 | Thru 7-2025 | % Change |
New Listings | 65 | 82 | 26.2% | 394 | 430 | 9.1% |
Closed Sales | 58 | 59 | 1.7% | 322 | 338 | 5.0% |
Days on Market | 63 | 68 | 7.9% | 60 | 64 | 6.7% |
SP$/SqFt | $153.28 | $157.61 | 2.8% | $147.46 | $146.53 | -0.6% |
Median Sales Price* | $259,450 | $249,500 | -3.8% | $224,950 | $237,500 | 5.6% |
Average Sales Price* | $266,803 | $284,033 | 6.5% | $241,436 | $241,829 | 0.2% |
Months Supply of Inventory | 3 | 3 | 0.0% | — | — | — |
Total Volume (in 1000’s) | $15,474,576 | $16,757,960 | 8.3% | $77,742,258 | $81,738,111 | 5.1% |
About Northwest Ohio REALTORS®
Northwest Ohio REALTORS®, an association of real estate professionals, is one of the nearly 1,600 real estate boards in the country which make up the National Association of REALTORS® (NAR), the largest trade association in the world. The Association has over 2,100 members dedicated to serving the needs of home sellers and buyers in Toledo and the surrounding area, including Defiance, Fulton, Hancock, Henry, Lucas, Paulding, Putnam, Williams, Wood and Wyandot Counties. Northwest Ohio REALTORS® exists to help people realize the American Dream of owning a home. The board is “The Trusted Voice of Real Estate” encouraging its members to strive for the highest degree of professionalism in the industry.