Columbus, OH Real Estate & Homes for Sale | RE/MAX (2024)

FAQs

Are housing prices going down in Columbus Ohio? ›

Median Home Price in Columbus

Over the last several years, median home prices in Columbus have skyrocketed, but the pace has slowed over the past year. As of September 2023, Redfin data shows that the median home price was $330,000 in Columbus – a 6.5% year-over-year increase.

With a solid economic base, a lower cost of living, and plenty to do in the city as well as the nearby communities, Columbus is good for families, young professionals, and college students alike.

Columbus, OH housing market

In April 2024, the median listing home price in Columbus, OH was $299.9K, trending up 7.1% year-over-year. The median listing home price per square foot was $197. The median home sold price was $277.5K.

RE/MAX agents outperform the competition

Production matters – and RE/MAX agents average more sales than other real estate agents. Multiple surveys revealed that RE/MAX agents, on average, outsell other agents by more than 2 to 1 at large brokerages, based on 2022 transaction sides***.

Predictions for the Columbus housing market in 2024 indicate modest increases in property values, with a growth rate of 0.1% by January and a more significant rise by the year's end.

Summary: The median home sold price in Columbus was $279,675 in April 2024, up 7.6% from last year, and the median price per square foot was $185.

Through global.remax.com, RE/MAX agents receive the leads on their own listings, as well as referrals from RE/MAX agents around the world – with no fees added on from RE/MAX. At RE/MAX, you are able to easily connect with business opportunities from around the globe.

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The months from March to June are the best time to buy a house in Ohio. This is due to the higher inventory, increased competition among sellers, and potentially lower asking prices.

Slowing Sales: There were 31,885 sold listings in the Columbus and Central Ohio Regional MLS in 2022, and that number dipped to 27,987 in 2023, the fewest sales recorded in a year since 2014.

Median Sale Price: Recent data indicates that the median sale price for homes in Ohio reflects a continuous upward trend. In January 2024, the median sale price rose by 6.2% year-over-year, indicating an increase from $202,700 to $215,300, as reflected in a report by Houzeo.

Zoom in: Columbus, No. 3 on the list, jumped 17 spots from 2023 to 2024. A fast-paced market and steady projected home values (+0.5%) contributed to our rise. Zillow also predicts Columbus will have the highest percentage of new owner-occupied homes compared to any other major metro in 2024.