Columbus Housing Market Update – July 2025
The Columbus housing market in July 2025 is showing clear signs of transition. After years of tight inventory and fast-paced sales, conditions are beginning to shift. Inventory levels have climbed to their highest point in nearly a decade, price growth has moderated, and homes are spending slightly longer on the market. For both buyers and sellers, this evolving environment offers important opportunities—and new challenges.
Key Market Metrics – July 2025
- Median Sales Price: $342,000
Up 4.6% year-over-year from $324,000. - Months of Inventory: 2.3 months
Up 20.8% YoY; highest since 2016. - Average Days on Market: 27 days
Up from 22 last July and up from 25 in June. - Closed Sales (Listings Sold): 2,899
Up 2.6% YoY, but down 1.8% from June. - Active Listings: 5,638 homes
Up 20.8% YoY and up 8.7% from June.
Year-Over-Year Changes:
- Median Price: +4.6%
- Closed Sales: +2.6%
- Inventory: +20.8%
- Days on Market: +5 days
Month-Over-Month Changes:
- Closed Sales: -1.8%
- Inventory: +8.7%
- Days on Market: +2 days
What the Numbers Mean for You
For Buyers
More homes are on the market than we’ve seen in years, giving you greater choice and negotiating power. With inventory climbing and days on market lengthening, you no longer need to make split-second decisions or waive protections just to secure a home. This is your chance to shop carefully, compare neighborhoods, and negotiate better terms.
For Sellers
The market is still tilted toward sellers, but the edge is narrowing. Accurate pricing is now critical. Overpricing in this climate can result in extended time on the market, price reductions, and lost momentum. Sellers who partner with an experienced REALTOR® and invest in strong marketing will continue to see great results, but competition is increasing.
Overall Market Direction
Columbus remains fundamentally strong, but the July 2025 numbers reflect a more balanced playing field. Buyers have more breathing room, and sellers must adjust expectations away from the frenzied bidding wars of recent years.
Local Expert Insight
In Columbus suburbs like Marysville, we’re still seeing especially strong demand, while more homes are sitting longer in central Columbus. My advice: sellers should price to stand out, and buyers should act confidently when they find the right fit.
Marysville is still carrying only 1.5 months of inventory with an average sales price of $395,140. That is down 0.6% from the same time last year. Inventory of homes is up by 16.4%.
National Perspective
According to the National Association of REALTORS® (NAR):
“July 2025 brought 4.01 million in sales, a median sales price of $422,400, and 4.6 months of inventory. While inventory is improving, demand remains strong, and homes continue to sell, although not at the frenzied pace witnessed in previous years.”
This national cooling trend mirrors what we’re seeing here in Columbus—more inventory, steadier pricing, and a healthier pace for both buyers and sellers.
Bottom Line
The Columbus housing market is entering a new chapter. Buyers finally have room to breathe, and sellers must rely on smart pricing and strong strategy. Whether you’re thinking of buying or selling, having the right local expert at your side is more important than ever.
📞 Call or text me today at (614) 507-5732
📧 Email me at jimwest@jimwestteam.com
Let’s talk about your goals and create the best strategy for your situation.
