Local January Home Sales Report – Sales Increased for All Regions

For January 2021, local home sales increased throughout the region. In Cincinnati, the median sales price increased (over the prior year) for the 21st consecutive month.The median days on market was just four days which is a 73% decrease from January 2020. Also in Cincinnati, 1,541 homes sold in January – a record for any January. In Northern Kentucky, home sales for January rose by 4% and sales prices increased by 15%. In the Dayton region, home sales units increased from last January by 10%. Sales volume increased by 25%.

Mortgage rates are low. Home values are high. It’s a great time to list your home for sale and for buyers to find their dream home.

Here is a report by region of homes sales throughout January 2021:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

January 2021 vs January 2020

  • 11.8% Increase in homes sold (1,524 homes)
  • 15.2% Increase in median sale price ($202,750)
  • 25% Increase in sales volume ($374,200,000 vs $298,800,800 in 2020)
  • -47.7% Decrease in active homes for sale (1,628 units)
  • -11% Decrease in new listings (1,881)

Statistics courtesy of Cincinnati Area Board of Realtors January 2021 Home Sales Report

DAYTON AND SPRINGFIELD OHIO

January 2021 vs January 2020

  • 9.91% Increase in homes sold (1,020 units)
  • 13.7% Increase in average sale price ($194,116)
  • 13.84% Increase in median sale price ($162,500)
  • 25.03% Increase in gross sales volume ($196,000,000)
  • 16.87% Increase in new listing units (1,133)

Statistics courtesy of Dayton Realtors January 2021 Home Sales Report

NORTHERN KENTUCKY

January 2021 vs January 2020

  • 4.01% Increase in homes sold (441 homes vs 424 homes)
  • 15.23% Increase in average sale price ($236,787 vs $205,492)
  • 11.67% Increase in median sale price ($200,000 vs $179,100)
  • 19.85% Increase in sales volume ($104,423,289 vs $87,128,897)

Statistics courtesy of Northern Kentucky Association of Realtors January 2021 Home Sales Report

Look for homes for sale here.

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