Ohio Real Estate Market in 2021: Forecasts + Trends

Clever Real Estate


Clever Real Estate

October 1st, 2021
Updated October 1st, 2021


Ohio real estate trends

Real estate trends in Ohio | Sellers | Buyers | Investors | The best and worst of Ohio | Ohio resources

Ohio real estate trends (October 2021)

How is the real estate market in Ohio?
🏠 Average home value: $184,247
📈 1.44% home value increase month over month
💰 Median sale price: $210,000
⏳ 44 days on the market
🔑 Homes on the market: 16,414
📆 0.7 months of housing inventory
🏦 30-year mortgage rate: 2.86%
💵 Average income: 64894
State of the market: B-
In Ohio, listing prices have sagged recently but because of low inventory, homes are still selling quickly and for above market value.
*Data last updated October 2021

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% or $3K in listing fees. Eligible buyers get 0.5% 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 6 days faster than the annual average
💰 Homes are selling for $3,022 less than the annual average
💸 Average listing commission: 2.95%
💸 Average buyer's commission: 2.89%

How to sell a home in Ohio

Cost to sell a home in Ohio

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Buying a home in Ohio

How much home you can buy with $300,000 in...
🏠 Cleveland: 2,786 sq ft
🏡 Columbus: 1,827 sq ft
🏡 Cincinnati: 2,283 sq ft
🏠 Dayton: 2,720 sq ft

Investing in Ohio real estate

Best of Ohio

Each month, we compare cities in Ohio based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.

Most Affordable Cities in Ohio
1. Portsmouth
2. Salem
3. Marion
4. Mansfield
5. Youngstown-Warren-Boardman

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Worst of Ohio

Each month, we compare cities in Ohio based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.

Least Affordable Cities in Ohio
1. Columbus
2. New Philadelphia-Dover
3. Cleveland-Elyria
4. Ashtabula
5. Athens

Ohio resources

👋 Next Steps: Talk to an expert!

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Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

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