Columbus Housing Market

Home sales in Columbus increased in May as rising supply and longer days on market signaled a more balanced housing environment, even as prices continued to rise faster than the national average.

Home sales in Columbus increased 8.2% in May, ranking third among the 40 largest U.S. markets for year-over-year change. Sales rose across all property types, with condos posting the strongest gain at 11%, compared to a 7.4% increase among single-family homes. Stronger condo growth suggests that buyers remained price-sensitive as home price growth in Columbus continued to outpace the national average.

Population growth continued to support housing demand across the Columbus metro. Since 2020, the region’s population increased by 4.7%, outpacing the national growth rate of 3.1% and ranking among the Midwest's fastest-growing metros. Demand was concentrated in suburban areas, particularly in Delaware, Licking, and Fairfield counties, where population gains have been strongest.

Housing inventory in Columbus increased 27.6% year over year in May, extending a multi-year trend of expanding supply. Inventory gains brought the number of homes for sale closer to pre-pandemic norms, making Columbus the fastest-growing market for supply among the 40 largest U.S. metros.

As supply normalized, listings remained on the market longer. Median days on market increased gradually in recent years but remained below pre-pandemic levels, indicating steady absorption of new inventory and gradual easing of competitive pressures for buyers.

Columbus maintained steady price growth despite the rising number of homes for sale. The market ranked in the top half of major U.S. metros for price growth, although gains were more modest than those in Midwest peers such as Cleveland and Kansas City, where prices rose around 5%.

The metro’s median home price reached $365,500, remaining slightly below the national benchmark of $395,000 but among the highest in the region. Prices for single-family homes and condos increased at a similar pace of around 2.5%. The median condo price reached $290,000 in May, roughly 25% below the median single-family home price 385,000.

The median home sale price in Columbus increased by 3.0% compared to the same time last year, while the national median price rose by 1.8%.

Columbus median home prices rose by $10,500 year over year on a nominal basis in May to $365,500. Meanwhile, the national median home price increased by $7,000 to $395,000.

Columbus was the 32nd highest-priced housing market among the top 40 largest markets in May. The Columbus median home price of $365,500 was 7.5% below the national median home price. Columbus' median home price in May compares to the market's peak of $374,900 recorded in June of 2025.

The median price of Columbus single-family homes rose by $9,777 over the past year to $385,000, while the median townhome price grew by 7.1%, and the median condo price rose by 2.5%.

The number of homes for sale in Columbus increased by 27.6% in May compared to the same time last year, while national homes for sale rose by 4.3%.

Columbus homes for sale rose by 1,449 year over year in May to 6,700 homes for sale. Columbus ranked first, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in May.

Columbus homes for sale were below their pre-pandemic levels in the month of May. Columbus homes for sale were 0.3% below the May 2019 total of 6,723.

Columbus single-family homes for sale grew by 26.8% to 5,593 in May. In comparison, townhome homes for sale fell by 42.6% to 27, and condo homes for sale increased by 36.2% to 1,080.

The number of home sales in Columbus increased by 8.2% in May compared to the same time last year, while national home sales dropped by 1.2%.

Columbus home sales increased by 200 year over year on a nominal basis in May to 2,649. For context, 2,449 sales closed in Columbus in May 2025.

Columbus ranked third for the annual change in home sales out of the top 40 U.S. markets in May on a percentage basis. This year's May increase of 8.2% compares with the 6.5% year-over-year decrease in May 2025.

Columbus single-family sales increased by 7.4% in May to 2,214. In comparison, townhome sales rose by 50.0% to 21, and condo sales rose by 11.0% to 414.

For questions and commentary about this report:

Veronica Miniello, Associate Director of Market Analytics at CoStar and Homes.com, based in Cleveland, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Veronica Miniello

Associate Director of Market Analytics

Homes.com

vminiello@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Columbus during May 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.