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August Home Sales Report (2024)

Here are the latest statistics for residential real estate in Cincinnati, Southeastern Indiana, Northern Kentucky, Dayton and Springfield.

With increases across the board, the data indicates a robust housing market. Most notably, increases in inventory as well as increases in home prices help balance the market to create opportunities for both buyers and sellers. Here is a report by region of home sales throughout August 2024:

Cincinnati/Southeast Indiana

August 2024 vs August 2023

  • 3.1% Increase in homes sold (1,676 homes)

  • 2.7% Increase in median sale price ($301,000)

  • 6.3% Increase in sales volume ($605,110,000)

  • 44.6% Increase in active homes for sale (2,353 units)

  • 48.6% Increase in new listings (2,190 units)

  • 20% Increase median days on market (6 days)

January–August 2024 vs January–August 2023

  • 1.8% Increase in homes sold (11,963 vs 11,755 homes)

  • 6.1% Increase in median sale price ($297,000 vs $280,000)

  • 7.9% Increase in sales volume ($4,280,000,000 vs 3,970,000,000)

Statistics courtesy of REALTOR® Alliance of Greater Cincinnati's Home Sales Report

Dayton and Springfield, Ohio

August 2024 vs August 2023

  • -1.05% Increase in homes sold (1,318 homes vs 1,332 homes)

  • 5.96% Increase in median sale price ($249,000 vs $235,000)

  • 8.53% Increase in sales volume ($377,825,438 vs 348,123,057)

  • -7.86% Decrease in new listings (1654 vs 1795)

January–August 2024 vs January–August 2023

  • 11% Increase in new listings (11987 vs 10799)

  • 10.25% Increase in homes sold (9781 vs 8872)

  • 8.55% Increase in median sale price ($239,900 vs $221,000)

  • 20.91% Increase in sales volume ($2,725,275,808 vs 2,253,912,359)

Statistics courtesy of Dayton REALTORS® Home Sales Report

Northern Kentucky

August 2024 vs August 2023

  • -9% Decrease in homes sold (538 homes vs 593 homes)

  • 9% Increase in median sale price ($305,000 vs $279,321)

  • -5% Decrease in sales volume ($181,600,000 vs. $192,000,000)

  • 8% Increase in new listings (795 vs 736)

  • 5% Increase in average days on market (22 vs 21)

January–August 2024 vs January–August 2023

  • 0% Increase in homes sold (4,000 homes vs 3,991 homes)

  • 4% Increase in median sale price ($279,880 vs $270,000)

  • 5% Increase in sales volume ($1,280,000,000 vs $1,230,000,000)

  • 5% Increase in new listings (5474 vs 5193)

  • 11% Increase in average days on market (30 vs 27)

Statistics courtesy of N. Kentucky Association of REALTORS®

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