10/21/2026
As we head into the fall market, the latest numbers show an interesting mix: home prices are still climbing, even as the pace of sales has cooled slightly. 🍂🏡
The average sales price reached $401,147 in August, up 3.2% from this time last year, while the median price increased to $345,500.
At the same time, closed sales were down 2.5% and homes going under contract were down 2.2% compared to last August.
What does that mean if you’re thinking about making a move?
For sellers, buyers are still paying strong prices, but this isn’t necessarily a market where you can throw any price on a home and expect it to sell. Homes received an average of 96.9% of their original list price, so having the right pricing strategy matters.
For buyers, a slightly slower pace can mean a little more breathing room to find the right fit, but with prices still trending upward, waiting doesn’t automatically mean getting a better deal.
As always, Central Ohio is made up of a LOT of different neighborhoods and price points, and your market may look different from the overall numbers.
If you want to know what I’m seeing in the area where you’re buying or selling, let’s talk! Send me a DM!
