COLUMBUS, Ohio (WCMH) — Prices for central Ohio homes decreased for the second straight month in August, according to a housing report by Columbus Realtors. Columbus Realtors’ Central Ohio Housing Report for August found the average sales price for a home was $337,963, dropping more than $8,000 from $346,359 in July.
The prices represent a two-month decrease since the market hit this year’s peak in June at $354,380. Still, prices were up in August compared with last year. The average sale price rose nearly $30,000 from $308,087 in August 2021, a 9.7% increase.
Inventory also increased in August with a 2.5% jump compared with last year, and homes sat on the market for longer with an average of 15 days, compared to 11 in 2021.