Ohio real estate trends (May 2022)
Nestled beneath the Great Lakes, Ohio is known for its football culture, amusement parks, and the Rock and Roll Hall of Fame, among other highlights.
The Buckeye State's biggest industries include agriculture, insurance, and manufacturing — and its central location places it within 600 miles of 59% of the U.S. and Canadian populations. Ohio's biggest cities include Columbus, Cincinnati, and Cleveland, though it offers plenty of small town charm, too.
Residents experience a full spectrum of seasonal weather, with hot, humid summers and snowy winters — as well as approximately 2,200 hours of sunlight each year.
If you're thinking of buying or selling in Ohio, these Ohio housing predictions and stats can help you make an informed decision.
Want to save money when you buy or sell your home? With Clever, you'll only pay 1.5% or $3K in listing fees. Eligible buyers get cash back after closing. Find out how much you can save with Clever today!
Selling a home in Ohio
|Ohio real estate market forecast for sellers
|⏰ Homes are selling 17 days slower than the annual average
|💰 Homes are selling for $10,171 less than the annual average
|💸 Average listing commission: 3.08%
|💸 Average buyer's commission: 2.91%
How to sell a home in Ohio
- The Best Low Commission Real Estate Brokers
- Top Real Estate Agents in Ohio (June 2021 Rankings)
- 8 Steps to Selling a House in Ohio
- How to Sell a House By Owner in Ohio (2021 Update)
- 4 Best Ohio Flat-Fee MLS Companies in 2021
- We Buy Houses for Cash Companies in Ohio (2021 Rankings)
Cost to sell a home in Ohio
- What's The Average Ohio Real Estate Commission In 2021?
- How Much Are Closing Costs for Sellers in Ohio? | Clever Real Estate
- The Ultimate Guide to Ohio Real Estate Taxes
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Buying a home in Ohio
|How much home you can buy with $300,000 in...
|🏠 Cleveland: 2,362 sq ft
|🏡 Columbus: 1,508 sq ft
|🏡 Cincinnati: 1,695 sq ft
|🏠 Dayton: sq ft
- How to Save with a Home Buyer Rebate
- 8 Definitive Steps to Buying a House in Ohio
- The 5 Most Affordable Places to Live In Ohio
- The Best Time to Buy a House in Ohio
- The Ultimate Guide for Moving to Ohio
Investing in Ohio real estate
- Top 5 Best Real Estate Investment Markets in Ohio
- How to Buy a Foreclosed Home in Ohio: An In-Depth Guide
- The Ultimate Guide to Flipping Houses in Ohio
- A Beginner's Guide to Buying an Apartment Building
Best of Ohio
💡 Did you know…
The Clever Data Center ranked Cincinnati, Ohio among the top 10 best coffee cities in the country?
Although the city may garner more attention for its annual Oktoberfest celebration, Cincinnati is also a great place for coffee fanatics. Residents can savor an inexpensive cappuccino for just $3.72 — far below the national average of $4.47 per cup.
» Thirsty for more info? ☕ Read our full study here: The Best Coffee Cities in America
Each month, we compare locations in Ohio based on different criteria. This month, we're looking at levels of happiness and ranking the best counties in the state.
|Happiest Counties in Ohio
|1. Delaware County
|2. Union County
|3. Medina County
|4. Warren County
|5. Hamilton County
Worst of Ohio
Each month, we compare locations in Ohio based on a different criteria. This month we're looking at levels of happiness data. These are the counties that ranked the worst in the state.
|Least Happy Counties in Ohio
|1. Adams County
|2. Meigs County
|3. Scioto County
|4. Pike County
|5. Gallia County
- Department of Commerce - Ohio Division of Real Estate and Proffesional Licencing
- Ohio's real estate license verification
- Ohio's real estate agent code of conduct
- Ohio's disclosure forms
- Transfer taxes in Ohio
- Home buying assistance programs in Ohio
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Frequently asked questions about Ohio real estate
Is it a buyer's or seller's market in Ohio?
It is currently a seller’s market in Ohio. Limited inventory is keeping the market hot and homes are selling quickly. While that may be the case for Ohio as a whole, each city and town is different, which is why it’s best to consult with a real estate agent to understand your local trends.
Is Ohio a good state to invest in real estate?
Yes, investing in Ohio real estate is a good idea, especially in bigger cities like Columbus and Cleveland, where there is always a demand for housing. However, maximizing your investment requires proper preparation, such as planning out your finances and researching the best neighborhoods to buy in. Learn more in our guide to real estate investing.
Is it a good time to buy a house in Ohio?
For most people, it might not be a good time to buy a house in Ohio, as listing prices are a bit higher than normal. However, mortgage rates here are lower, which means that you could save a lot of money in the long run with a locked-in low rate. To understand all your options, work with a top real estate agent in the state.