Northwest Ohio housing market sees strong sales in July

The Northwest Ohio housing market posted strong gains in July, with both new listings and closed sales rising across single-family homes and condos/villas, according to data released by Northwest Ohio REALTORS.

In the single-family market, new listings climbed 5.5 percent compared to July 2024, reaching 999, while closed sales increased 8.3 percent to 797. Homes sold for a median price of $209,000, up 4.5 percent from last year, and the average sales price rose 8.4 percent to $244,631. Price per square foot gained 5.6 percent year-over-year to $138.91. While homes stayed on the market longer—64 days on average compared to 52 days in 2024—total sales volume surged 17.4 percent to nearly $195 million. Yearto- date, the single-family market has seen double-digit growth in listings (+10.4 percent) and prices, with total sales volume up 16.4 percent from the same period in 2024.

The condo/villa market also saw notable activity. New listings jumped 26.2 percent in July to 82, and closed sales edged up 1.7 percent to 59. Median sales prices dipped slightly to $249,500, while the average sales price increased 6.5 percent to $284,033. Year-todate, condo/villa listings are up 9.1 percent and closed sales are up 5 percent, with the median sales price improving 5.6 percent compared to last year.

“This summer, our housing market is showing resilience and strength, with increased opportunities for both buyers and sellers,” said Emily Bailey, president of Northwest Ohio Realtors. “Rising sales and steady price growth signal continued confidence in our local real estate market, even as homes are taking a bit longer to sell.”

Northwest Ohio Realtors will continue to monitor trends and provide updated market insights for the region’s buyers, sellers and industry professionals.