Central Ohio Home Prices Hit All-Time High

Homes are taking longer to sell than any time in the last 5 years—yet prices just hit an all-time high.

The median sale price reached $321,000 in March 2025, up from $310,000 a year ago—a 3.5% year-over-year increase and the highest March median on record in Central Ohio. While price growth has cooled from its frenzy, values continue climbing, squeezing out many would-be buyers.

Meanwhile, homes are sitting longer. The average days on market jumped 17% year-over-year to 40 days, marking the slowest turnover pace we’ve seen in half a decade.

And yet, sellers are still in the driver’s seat.

Inventory rose 20% compared to last year, but most of that growth is in higher-priced segments. Homes under $300K remain scarce, with no school districts offering buyer-friendly conditions in that range.

In places like Heath and Upper Arlington, months of supply is under 2 across all price points—a textbook strong seller’s market.

The $300K–$500K range isn’t much better. Only Mount Vernon shows signs of balance with 4 months of supply.

For luxury homes over $500K, Johnstown and Mount Vernon are the only districts operating as buyer’s markets. Areas like Groveport, Reynoldsburg, and Southwest Licking still give a slight edge to sellers.

Unless mortgage rates fall sharply, move-up buyers will stay locked in, holding onto their low-rate homes and keeping affordable inventory off the market.

Bottom line: Prices are at record highs. Homes are sitting longer. Inventory is growing—but if you're buying in Central Ohio, odds are, you're still playing by the seller's rules.

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