July 2024 Home Sales Report for Hamilton, Butler, Warren, and Clermont Counties

Market Statistics for July 2024

Median Sold Price
8.5%

$314,725

$296,000 YTD 6.3% $278,488 Prior YTD
Units Sold
4.9%

1,774

10,280 YTD 1.5% 10,128 Prior YTD
Total Sold Volume
13.6%

$675.4^M

$3.67^B YTD 8.1% $3.4^B Prior YTD
Active Inventory
48.9%

2,205
Median Days on Market
25.0%

5
New Listings
20.8%

2,264
Percent change is the comparison to the same month of the prior year.

REALTOR® Alliance of Greater Cincinnati Reports Strong Market Performance in July 2024

Cincinnati, OH, August 15, 2024 — The REALTOR® Alliance of Greater Cincinnati has released its latest market review for July 2024, revealing significant growth in several key regional areas. The data for Hamilton, Butler, Warren and Clermont counties indicates a robust real estate market, with notable increases in median sales price, active inventory, and closed sales.

The median sales price for single-family residences across the four counties rose to $314,725, marking a 1.5% increase from June 2024 and an 8.5% rise compared to July 2023. Active inventory saw a substantial 16.1% increase, totaling 2,205 homes, while new listings surged by 20.8% compared to 2023, indicating strong seller confidence.

“These numbers reflect a resilient and balanced market,” said Tracy Dunne, President of the REALTOR® Alliance of Greater Cincinnati. “The real estate market in our region continues to display economic strength, offering opportunities for both buyers and sellers.”

Closed sales for July 2024 also saw a positive trend, with an 8.2% increase from the previous month and a 4.9% rise for the month compared to a year ago. Additionally, the Greater Cincinnati market posted a 7.2% increase in the months’ supply of inventory, now at 1.2 months.

“The increase in inventory is a crucial factor for maintaining balance in the market,” Dunne added. “It helps to ensure buyers have options while sellers continue to benefit from rising home values.”

REALTOR® Alliance of Greater Cincinnati has provided the following graphics to allow members of the public to view several market performance metrics, such as units sold, closed prices, number of listings, and more. If you need more information, please contact Shawn Maus, Director of Communications and Marketing, at [email protected].

HAMILTON, BUTLER, CLERMONT, WARREN COUNTIES

Market Stats Overview PDF | jpeg

HAMILTON COUNTY

BUTLER COUNTY

CLERMONT COUNTY

WARREN COUNTY

ALL 61 OHIO COUNTIES