The May 2026 Central Ohio housing market continued to gain momentum as the summer selling season got underway. Closed sales increased 7.8% compared to May 2025, signaling strong buyer activity across the region. Inventory also continued to expand, rising 8.2% year over year, providing buyers with more options while helping create a healthier and more balanced market. New listings increased 1.4%, with more than 4,000 homes hitting the market throughout the month.
Home values remained strong as demand continued. The median sales price rose to $350,000, a 4.3% increase from last May. Homes spent an average of 29 days on the market, just one day longer than a year ago, reflecting steady buyer demand despite the growing inventory.
Market activity varied throughout Central Ohio, with particularly strong performance in areas such as Olentangy Local School District and Union County. Olentangy recorded 169 closed sales in May, a 25.2% increase year over year, while Union County experienced one of the region's largest gains in sales activity with a 34.1% increase in closed transactions. Meanwhile, Marion County continued to offer some of the most affordable housing opportunities in Central Ohio, with a median sales price of $212,500.
As inventory continues to grow and buyer activity remains strong, the Central Ohio housing market remains healthy and active heading into the peak summer months. Whether you're considering buying, selling, or simply keeping an eye on market trends, the current landscape offers opportunities across a wide range of communities and price points.
CLICK THE LINK TO READ THE FULL REPORT → Columbus & Central Ohio Housing Report - May 2026 | Columbus REALTORS®
