Market Statistics for November 2024

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  • Median Sold Price
    5.7%
    $291,251
    $295,000 YTD 5.4% $280,000 Prior YTD

  • Units Sold
    15.1%
    1,376
    15,974 YTD 2.7% 15,549 Prior YTD

  • Total Sold Volume
    22.2%
    $489.45K
    $5.67B YTD 8.2% $5.24B Prior YTD

  • Active Inventory
    38.1%
    2,400

  • Median Days on Market
    10%
    11

  • New Listings
    16.8%
    1,510
  • 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 November compared to the same period a year ago, according to the REALTOR® Alliance of Greater Cincinnati.

Home sales in November 2024 reached 1,376, a 15.1% increase from the 1,195 sales recorded during the month last year. The median sales price across the four-county area reached $291,251, a 5.7% increase from the $275,545 mark posted in November 2023.

“The Greater Cincinnati housing market continues to show strength, with both sales activity and median prices exhibiting solid, stable growth as we near the end of the year, combined with moderating interest rates,” said Tracy Dunne, President of the REALTOR® Alliance of Greater Cincinnati. “Equally important, we’re experiencing a steady uptick in the number of homes being marketed for sale which will provide current and would-be buyers with more opportunities to find the home that meets their needs.

“REALTORS® throughout Greater Cincinnati are experts at helping buyers and sellers successfully navigate today’s competitive marketplace.”

Throughout the first 11 months of the year, home sales activity in the region has increased by 2.7% compared to January-November 2023. Year-to-date sales in 2024 reached 15,974, up from the 15,549 sales recorded during the period a year ago. The median price during the first 11 months of 2024 reached $295,500, a 5.4% 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.