Market Statistics for October 2024

Download Statistics

  • Median Sold Price
    5.4%
    $295,000
    $295,500 YTD 5.5% $280,000 Prior YTD

  • Units Sold
    16.3%
    1,595
    14,590 YTD 1.7% 14,353 Prior YTD

  • Total Sold Volume
    19.8%
    $529.53M
    $5.18B YTD 7.0% $4.84B Prior YTD

  • Active Inventory
    37.8%
    2,565

  • Median Days on Market
    33.3%
    8

  • New Listings
    22.1%
    2,113
  • Percent change is the comparison to the same month of the prior year.

Home sales activity and median prices rose across Butler, Clermont, Hamilton and Warren counties in October compared to the same period a year ago, according to the REALTOR® Alliance of Greater Cincinnati.

Home sales in October 2024 reached1,595, a 16.3% increase from the 1,311 sales recorded during the month last year. The median sales price across the four-county area reached $295,000, a 5.4% increase from the $279,900 mark posted in October 2023.

“The Greater Cincinnati housing market continues to exhibit strong resiliency, as the pace of sales and median prices remain on an uptick from levels recorded a year ago,” said Tracy Dunne, President of the REALTOR® Alliance of Greater Cincinnati. “It’s evident that buyer demand remains strong, as consumers are not only eager to take advantage of moderating interest rates but, equally important, understand that housing is a wise long-term investment.

“REALTORS® throughout Greater Cincinnati are highly skilled, trained experts ready to help buyers and sellers successfully navigate today’s competitive marketplace.”

Throughout the first 10 months of the year, home sales activity in the region has increased by 1.7% compared to January-October 2023. Year-to-date sales in 2024 reached 14,590, up from the 14,353 sales recorded during the period a year ago. The median price during the first 10 months of 2024 reached $295,500, a 5.5% increase from the $280,000 mark recorded during the period a year ago.

The data provided is compiled from activity reported in the Multiple Listing Service of Greater Cincinnati, including residential closings from new and existing single-family homes and condominiums. The REALTOR® Alliance of Greater Cincinnati represents more than 5,600 real estate professionals who subscribe to a strict Code of Ethics.