Central Ohio Real Estate Mid-Year Market Update: Where We Stand in 2025

Published On: July 2, 2025|Categories: Buyers|

Central Ohio Real Estate Mid-Year Market Update: Where We Stand in 2025

As we reach the midpoint of 2025, the Central Ohio housing market—like much of the country—is undergoing a shift. The pandemic-era frenzy has faded, but in its place we see a more level playing field beginning to form. Mortgage rates remain higher than we’d like, inventory is on the rise, and buyer caution is shaping the way homes are listed and sold.

But here’s the good news: whether you’re buying, selling, or simply watching the market, change brings opportunity. At USA-1 Real Estate, we’re keeping a close eye on what’s happening here in Central Ohio so you don’t have to.

Here are four key trends shaping our local market—and what they mean for you:

📉 Home Sales Are Slower—but That’s Not Always a Bad Thing

While we’ve seen a slight increase in activity from last year, home sales across Central Ohio still haven’t bounced back to pre-pandemic levels. Many buyers are still waiting on the sidelines, unsure if now is the right time to jump in.

Yet the tide is slowly turning. As more homes come on the market—and some sellers adjust their prices—buyers are showing renewed interest.

🔑 What it means for you:

Buyers: With less competition, you may find more flexibility in price and terms. Now might be the time to revisit your home search.
Sellers: Buyers today are selective and cost-conscious. Success starts with realistic pricing and a marketing plan that speaks to the current market. That’s where we come in.

🏦 Mortgage Rates Remain Elevated, but There’s a Silver Lining

In Central Ohio, many buyers are adjusting to mortgage rates hovering in the 6–7% range. While these aren’t the historically low rates we saw a few years ago, they’ve become the new normal.

More buyers are exploring options like buydowns, closing cost assistance, and refinancing later to make the numbers work. Sellers, too, are finding creative ways to make their homes more attractive to budget-minded buyers.

🔑 What it means for you:

Buyers: Waiting for a big rate drop could mean missing out on the right home. Instead, let’s focus on how to make the most of today’s conditions.
Sellers: Offering financing incentives or helping with closing costs can help your listing stand out and sell faster. We’ll help you evaluate the best approach.

🏘️ Inventory Is Up—Creating Opportunities for Buyers

One of the most noticeable shifts in Central Ohio is our rising housing inventory. More homeowners are listing their properties, and buyers now have more choices than they’ve had in years.

Homes that are overpriced or poorly marketed are sitting longer—giving serious buyers the upper hand when it comes to negotiating.

🔑 What it means for you:

Buyers: You have more options, and we can help you find hidden gems and make smart offers.
Sellers: Pricing and presentation are everything right now. We’ll guide you in staging, pricing, and positioning your home to attract today’s buyers.

💲 Prices Are High—but We’re Seeing a Softening

Home prices across Central Ohio remain strong, but they’ve started to level off—especially in neighborhoods where inventory has grown. Many sellers are realizing that 2021’s price points are no longer the benchmark.

Affordability is a top concern, and even well-qualified buyers are watching every dollar. The key for sellers is understanding today’s expectations and aligning with market reality from day one.

🔑 What it means for you:

Buyers: Watch for price adjustments and homes that have been sitting a bit longer—you may find room to negotiate.
Sellers: Set a smart price from the start, and you’ll see stronger interest and faster results. We’ll help you determine what your home is worth in today’s market.

🤝 Let’s Talk Strategy—Local Expertise Makes All the Difference

Real estate is local, and so are we. At USA-1 Real Estate, we’ve been serving Central Ohio families for nearly four decades. We understand this market because we live here, work here, and raise our families here.

Whether you’re ready to buy, planning to sell, or just weighing your options, we’re here to help you make the best decision for your goals—and your future.

📞 Let’s talk: Contact us today for a no-pressure consultation. We’ll help you navigate the rest of 2025 with confidence.