Columbus Inventory Grows 45%, Home Prices Retreat
Inventory Trends and Growth Analysis Columbus's housing market is experiencing a significant transformation. Inventory levels are rising rapidly at an unprecedented rate, similar to trends in other areas like Phoenix, where housing affordability issues contribute to shifts in market dynamics. In the metro area, inventory surged by approximately 36-37% year-over-year by mid-2025. This surge is quite dramatic compared to previous years. New listings increased by 28%, leading to nearly 4,830 homes for sale by May. This marks a 10% month-over-month rise. These changes suggest that the market might be nearing saturation. The competitive environment once dominated by sellers is now altering. A balance is emerging in the market. Inventory growth is reducing buyer competition and urgency. Rising home-price appreciation has also seen a decrease, further indicating a shift in market dynamics. This allows for more deliberate purchasing decisions. Regional contrasts are stark across Ohio, bu...