Ohio Closes December 2024 and Year-End with Higher Home Sales and Prices
According to Ohio REALTORS, activity across the Ohio housing marketplace rose in December, as sales increased 6.3 percent from the level reached during the month a year ago.
Home sales in December 2024 reached 9,890, a 6.3% increase from the 9,306 home sales recorded during the month a year ago. The average sales price across Ohio in December reached $288,707, a 9.3% increase from the $264,094 mark posted in December 2023.
"Ohio's housing market continues to demonstrate remarkable resilience and growth. With a 6.3% increase in home sales and a 9.3% rise in average sales prices compared to last year, it's clear that our state remains a strong and vibrant place for families and businesses alike. These numbers reflect the hard work of our communities and the enduring appeal of Ohio as a great place to call home,” says Ohio REALTORS President Michelle Billings. “An Ohio REALTOR serves as a professional partner, guiding buyers and sellers through the intricate process of home buying and selling, to successfully achieve their housing goals.”
Around the state, 11 out of 14 markets tracked experienced an increase in average sale price for the month compared to December 2023.
Overall, Ohio ended 2024 with home sales activity up 2.1% compared to January-December 2023. Year-to-date sales (January-December 2024) reached 131,716, up from 129,064 homes sold a year ago.
The average sales price in 2024 was $291,062, a 7.3% increase from the $271,321 mark set in 2023.
Multiple Listing Services provides data to Ohio REALTORS, including residential closings for new and existing single-family homes and condominiums/co-ops.
Ohio REALTORS, with more than 36,000 members, is the largest professional trade association in Ohio. Leading with expertise, professionalism and an entrepreneurial spirit, REALTORS in Ohio are committed to their clients and communities.
Click here for a market-by-market analysis of sales activity throughout Ohio.
