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December Market Update
A Look at the Trends Shaping Our Region
As the year winds down, the Miami Valley housing market is still showing plenty of movement. While some areas are seeing softer sales and minor price adjustments, others are holding steady or even ticking up as motivated buyers and sellers wrap up their 2025 plans.
Whether you’re planning a move soon or simply keeping an eye on local trends, these monthly insights offer a clear snapshot of how Dayton, Cincinnati, and Springfield performed in November.
Dayton
Dayton’s market saw a mix of higher prices and slower sales in November. There were 1,139 closings, a 20% decrease from October’s 1,415. The average sales price, however, rose to $294,955, up 3% from $285,949 the previous month. Homes spent an average of 47 days on the market, matching October’s pace and suggesting that while fewer transactions closed, buyer interest remained steady.
Cincinnati
Cincinnati continued to show resilience as the year approached its close. The area recorded 1,429 closings in November, down 20% from 1,779 in October, reflecting a typical late-year slowdown. Even so, the average home value climbed to $376,508, a 2% increase from $369,828. Homes also sold slightly faster, averaging 25 days on the market, one day quicker than the month before.
Springfield
Springfield’s market cooled in both pricing and activity during November. A total of 364 sales were reported, a 16% drop from October’s 432 closings. The average sales price moved to $236,697, down 7% from $254,203. Homes spent an average of 71 days on the market, up four days from the previous month, giving buyers a bit more time to make decisions.
Even as the market eases into its seasonal slowdown, opportunities remain for both buyers and sellers across the region. Keeping up with these local trends can help you make confident, well-timed decisions—whether you’re preparing to list, start your home search, or plan ahead for the new year.
