EP 66: Columbus, Ohio Real Estate Update: Is the Market Still Hot in 2025?

The Columbus real estate market is on the move! In this episode, I break down the latest trends in Franklin, Delaware, Fayette, Licking, Madison, Monroe, Pickaway, and Union counties, giving you a full picture of where the market stands as we wrap up 2024. We’ll dive into key stats like rising home prices, increased inventory, and what these numbers mean for buyers, sellers, and investors heading into 2025. Is the market still hot? Are interest rates affecting sales? I’ve got the insights you need to stay ahead.

 

Episode Highlights:

[0:00] – Introduction

[1:05] – Market overview: How Columbus real estate performed in 2024

[1:29] – Sales are up! Breaking down price increases and what they mean

[1:56] – Are homes selling below list price? What the data says

[2:27] – Days on market increase—should sellers be worried?

[3:33] – More listings, more buyers—why inventory is trending up

[4:40] – Looking ahead: What 2025 could bring for real estate in Columbus

 

Key Takeaways:

1. Home prices are rising – The Columbus market saw a 4.2% increase in average sales prices, showing continued strength.

2. Inventory is growing – More listings hit the market, increasing by 11.6% year over year.

3. Homes are taking longer to sell – Days on market increased from 30 to 36, signaling a shift that sellers should watch.

 

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