Inventory of homes for sale remains low. It may be a great time for you to sell now and take advantage high home values. Here is a report by region of homes sales throughout May 2023:

CINCINNATI OHIO / SOUTHEASTERN INDIANA

May 2023 vs May 2022

-28.5 Decrease in homes sold (1,379 homes)
7.8% Increase in median sale price ($298,500)
-19.3% Decrease in sales volume ($585,990,537)
15.4% Increase in active homes for sale (1,465 units)
-15.8 Decrease in new listings (2,129 units)
Median days on market: 2

January–May 2023 vs January–May 2022

-24.5% Decrease in homes sold (4,860 vs 6.433 homes)
6.7% Increase in median sale price ($169,000 vs $252,000)
-19.6 Decrease in sales volume ($2,112,339,700 vs $2,626,325,403)

Statistics courtesy of Realtors Alliance of Greater Cincinnati May 2023 Home Sales Report

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DAYTON AND SPRINGFIELD OHIO

May 2023 vs May 2022

-13.92% Decrease in homes sold (1,323 homes vs 1,537 homes)
-1.09% Decrease in average sale price ($260,012 vs $262,888)
2.27% Increase in median sale price ($225,000 vs $220,000)
-14.87% Decrease in sales volume ($343,995,811 vs $404,059,279)

January–May 2023 vs January–May 2022

-15.32% Decrease in homes sold (5,238 homes vs 6,186 homes)
3.84 Increase in average sale price ($245,623 vs $236,530)
6.09% Increase in median sale price ($210,000 vs $197,950)
-12.07 Decrease in sales volume ($1,286,573,272 vs $1,463,177,303)

Statistics courtesy of Dayton Realtors’ May 2023 Home Sales Report

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NORTHERN KENTUCKY

May 2023 vs May 2022

-26% Decrease in homes sold (519 homes vs 699 homes)
6% Increase in median sale price ($285,000 vs $259,900)
-21% Decrease in sales volume ($165,000,000 vs $207,800,000)
-17% Decrease in new listings (724 vs 868)
Average days on market: 30 (vs 15 in 2022)

Statistics courtesy of N Kentucky Association of Realtors®

Look at local homes for sale.