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February Market Update:
A Look at the Trends Shaping Our Region
January often brings a “reset” after the holiday rush, and this year was no different. Across the region, the market showed the kind of seasonal recalibration we typically see early in the year—some areas cooled, others held steady, and a few posted notable shifts in activity.
If you’re planning a move later this year (or you’re just a real-estate-curious person who likes to know what’s going on), this snapshot offers a helpful look at how Dayton, Cincinnati, and Springfield performed in January.
Dayton
Dayton saw a typical winter slowdown in January, with both pricing and sales activity easing from the prior month. The average home value came in at $273,078, a 6.40% decrease month-over-month. Closings also dipped, with 856 sales reported—down 17.86%.
One bright spot for buyers: homes moved faster overall. Average days on market improved to 53 days, which is 22 days quicker than the month before.
Source: Dayton MLS
Cincinnati
Cincinnati’s January numbers reflected a cooler pace, with fewer closings and a slight pullback in average home value. The average home value was $343,183, down 4.35% from the previous month. Total closings landed at 1,035, a 36.85% decrease.
Homes took a bit longer to sell, averaging 36 days on market—about 5 days slower than the prior month.
Source: Cincinnati MLS
Springfield
Springfield was a mixed bag in January: prices edged upward even as sales volume dipped. The average home value rose to $244,709, a 2.44% increase compared to the previous month. Closings, however, slowed to 250 sales—down 32.80%.
The pace improved slightly, with homes spending an average of 78 days on market, 4 days faster than last month.
Source: Springfield MLS
Even with the seasonal slowdown, the early-year market can be a great time to plan: sellers can prep strategically, and buyers often find a little more breathing room. Staying informed now helps you make smarter moves when activity ramps back up.
