As we move deeper into fall 2025, the Columbus housing market continues to show resilience despite national uncertainty. Mortgage rates have steadied in the low 6% range, and while that’s higher than the “pandemic-era twos,” it’s still much better than the sevens and eights we saw not long ago.
According to the Sell for 1% team, some first-time homebuyers and FHA borrowers are even landing rates in the high 5% range — a small but encouraging sign for affordability. However, rates have plateaued in recent weeks due to the ongoing government shutdown, which has delayed important economic data like the jobs report and CPI numbers.
Inventory and Buyer Demand for Columbus Housing
In the Columbus metro area, inventory remains high at around 5,600 active listings — the most we’ve seen in nearly a decade. That increase gives buyers more choices and makes it easier to be selective. Despite that, buyer demand remains strong. Data from ShowingTime shows that the number of property showings across Ohio is higher than it’s been in the last four years, proving that motivated buyers are still out there.
That said, homes are sitting on the market longer than during the 2020–2021 frenzy. The median days on market in Columbus now hovers around 49 days, compared to just a week or two at the height of the pandemic boom. Homes that are well-priced and move-in ready are still selling quickly, but those that need repairs or are overpriced may linger.
The Return of Home Sale Contingencies
One of the most notable trends in today’s market is the surge in home sale contingencies. More buyers are making offers that depend on selling their current homes first. This shift reflects tighter affordability due to higher rates, as well as a more cautious mindset among homeowners who don’t want to be stuck owning two properties.
From a lending standpoint, it’s also a matter of qualification. With rising home prices, car payments, and overall debt levels, many buyers simply can’t qualify for a new mortgage without selling their current property first.
Sellers, meanwhile, are faced with more strategic decisions — whether to accept contingent offers or hold out for cleaner deals. The key, according to the Sell for 1% team, is pricing your home competitively and understanding your local market conditions.
What It Means for Buyers and Sellers
For sellers, this remains a solid time to list your home — especially in sought-after Columbus neighborhoods or suburbs like Dublin, Hilliard, Westerville, and Grove City, where demand is steady. Homes that are updated and priced appropriately are still commanding strong offers.
For buyers, patience and timing are key. With more listings available and motivated sellers on the market, there’s room to negotiate — and even find homes with price reductions or incentives.
Final Thoughts on the Columbus Housing Market this Week
While rates haven’t dropped into the dream numbers many hoped for, the Columbus real estate market continues to show stability and opportunity. Whether you’re upgrading, downsizing, or buying your first home, now is the time to plan strategically before competition heats up again.
Ready to make your move?
Contact Sell for 1% Realtors at 614-451-6616 or visit SellFor1Percent.com.
Our full-service team lists homes for just a 1% commission, saving our clients thousands — while delivering unbeatable results across Central Ohio.
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