Central Ohio Housing Report – May 2026

Closed sales surged as central Ohio heads into the summer selling season, with inventory continuing to grow.

COLUMBUS, Ohio (June 10, 2026) — Closed sales climbed 7.8% year over year in May, and inventory continued to expand, rising 8.2% compared to the same period last year, according to the latest housing statistics from the Columbus & Central Ohio Regional Multiple Listing Service.

Total inventory reached 5,223 single-family homes and condominiums across the region, representing a 2.0-month supply. A balanced housing market would require enough homes to support 4–6 months of sales, or approximately 8,000–10,000 units.

“The jump in sales this May is a strong signal that central Ohio buyers are active and ready,” said Columbus REALTORS® President Gloria Alonso Cannon. “As we head into the heart of summer selling season, this momentum is exactly what we want to see. The market is moving, and that’s great news for buyers and sellers.”

May saw 4,044 new listings enter the market, a 1.4% increase compared to May 2025. The median sales price rose 4.3% to $350,000. Homes spent an average of 29 days on the market in May, a one-day increase over last May.

Single-family home sales led the charge with 2,618 closings in May, up 7.2% from a year ago, while the condo market posted an impressive 12.0% increase with 439 sales. Year to date, the region has recorded 10,995 total closed sales, a 1.5% increase over the first five months of 2025.

In the local market spotlight, the Olentangy Local School District once again proved to be one of the region’s most active markets, recording 169 closings in May, a 25.2% increase over last year. The median sales price in Olentangy LSD reached $587,000, reflecting a 3.3% year-over-year gain. Meanwhile, Union County stood out as one of the strongest performers by volume growth, posting a 34.1% increase in closed sales with 118 transactions and a median sales price of $487,500. On the affordability end of the spectrum, Marion County remains the region’s most accessible market, where buyers closed on 79 homes at a median sales price of $212,500.

Sortable Housing Statistics
Central Ohio Housing Statistics (PDF)

Columbus REALTORS® is comprised of almost 10,000 real estate professionals engaged in residential sales and leasing, commercial sales and leasing, property management, appraisal, consultation, real estate syndication, land development and more.

The Columbus REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Licking, Madison, Marion, Morrow, Pickaway and Union Counties and parts of Athens, Champaign, Clark, Clinton, Fairfield, Hocking, Knox, Logan, Muskingum, Perry and Ross counties.