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Spring has officially arrived in Central Ohio, and with it comes fresh momentum in the real estate market. In this month’s update, I’ll walk you through how home prices are trending, where inventory is rising, what mortgage rates are doing, and which local areas are heating up. Whether you’re actively planning a move or just keeping an eye on the market, this snapshot will help you stay informed and make confident decisions.
🏡 Market Snapshot – March 2025 
- Median sales price: $320,000 — up 3.2% from last year
- New listings: 3,198 — the highest for March since 2022, up 18.1% YoY
- Closed sales: 2,108 — down 5% from March 2024
- Days on market: 39 (vs. 33 this time last year)
- Inventory: 3,946 homes — the most for March since 2017
While slightly fewer homes are closing, sellers are still seeing strong pricing. The jump in inventory offers more options for buyers, especially with new construction now accounting for 13% of available homes.
📉 Mortgage Update:
The 30-year fixed rate has ticked up to 6.99%, though that’s still lower than the 7.36% seen this time last year. Even a 0.5% dip in rates could increase your buying power by $20,000+, making this a key number to watch if you’re in the market.
📍 Local Spotlight:
Grove City is thriving, with a 31.7% increase in sales year over year. Union and Pickaway counties are also seeing rapid growth, both posting 45%+ jumps in closings compared to last March.
🌷 As we head into one of the busiest real estate seasons of the year, now is the time to get prepared. Whether you’re buying, selling, or just curious about your home’s current value, I’d be happy to help.
Text or call me at 614-315-5948 —I’d love to hear what your plans are this spring.
