Ohio Home Sales Decline in February, Prices Continue to Rise
Activity across the Ohio housing marketplace decreased in February, as sales were down 6.8 percent from the same month a year ago, according to Ohio REALTORS®.
Home sales in February 2025 reached 8,007, a 6.8% decrease from the 8,588 home sales recorded a year ago. The average sales price across Ohio in February reached $284,191, a 6.4% increase from the $267,187 mark posted in February 2024.
"Despite a slowdown in home sales this February, Ohio’s housing market remains resilient, with steady price growth reflecting continued demand,” says Ohio REALTORS® President Michelle Billings. “While sales activity has softened compared to last year, the rise in average sales price underscores that homeownership remains a great investment in our state. An Ohio REALTOR® serves as a professional partner, guiding buyers and sellers through the intricate process of home buying and selling to achieve their housing goals successfully.”
Around the state, 12 out of 14 markets experienced an increase in average sale price for the month compared to February 2024.
During the first two months of the year, home sales activity was down 3.2% compared to January-February 2024. Year-to-date sales reached 15,480, down from the 15,987 homes sold a year ago.
The average sales price during this period is $277,918, a 6.2% increase from the $261,576 mark set a year ago. Data provided to Ohio REALTORS® by Multiple Listing Services includes residential closings for new and existing single-family homes and condominiums/co-ops.
Ohio REALTORS®, with more than 35,000 members, is Ohio's largest professional trade association. Leading with expertise, professionalism, and an entrepreneurial spirit, Ohio REALTORS® are committed to their clients and communities.
Click here for a market-by-market analysis of sales activity throughout Ohio.