Greater Cincinnati housing market sees continued growth despite slight dip in sales

Greater Cincinnati housing market sees continued growth despite slight dip in sales
Carl Horst Chief Executive Officer at Cincinnati Area Board of REALTORS — Official website
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The housing market in Greater Cincinnati, encompassing Butler, Clermont, Hamilton, and Warren counties, continued its upward trend in May 2025. This is evidenced by rising prices and sustained growth in market activity, as reported by the REALTOR Alliance of Greater Cincinnati.

In May 2025, home sales totaled 1,784 units. This marks a slight decrease of 1.0% compared to the 1,802 sales recorded during the same month last year. Despite this decline in sales volume, the median sales price increased to $320,000—up 3.7% from $308,500 in May 2024—indicating ongoing strength and value growth within the region’s housing market.

“The Greater Cincinnati market continues to show healthy price appreciation and an influx of new inventory, helping to balance opportunities for both buyers and sellers,” said DaVan Gassett, President of the REALTOR Alliance of Greater Cincinnati. “As we move into the summer, more choices and steady pricing trends should keep market conditions favorable.”

Year-to-date figures reveal that home sales reached 6,766 units—a rise of 1.7% from the previous year’s total of 6,650 at this point in time. The year-to-date median price stands at $300,000—a 3.5% increase over last year’s figure of $289,900. Total sold volume for May experienced a modest increase to over $683 million—a year-over-year rise of 0.9%. Consequently, the year-to-date volume for 2025 has surpassed $2.45 billion—an impressive growth rate of 7.1% compared to last year.

Active inventory expanded significantly with 2,433 listings available at the end of May—an increase of 40.4% from last year’s numbers. New listings also saw a significant rise of 14%, reaching a total of 2,396 units—indicative of strong seller confidence under current market conditions. Demand remains high as homes continue to sell quickly with a median time on market remaining unchanged at just four days.

The data is compiled from activity reported in the Multiple Listing Service (MLS) of Greater Cincinnati and includes residential closings from both new and existing single-family homes and condominiums. The REALTOR Alliance represents over 5,600 real estate professionals who adhere to a strict Code of Ethics.



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