Miami Valley Real Estate Market Trends for January 2026

The new year is officially underway, and the Miami Valley housing market is settling into its winter rhythm. January often brings a mix of renewed interest and seasonal pacing, giving buyers and sellers a chance to regroup, plan ahead, and make thoughtful decisions.

While some areas experienced price adjustments, activity remained steady across the region. Here’s a closer look at how Dayton, Cincinnati, and Springfield started the year.

Dayton opened the year with a noticeable increase in activity. A total of 1,260 homes closed in January, marking a significant jump from December. While the average sales price adjusted slightly to $291,741, homes moved faster overall, spending an average of 58 days on the market — 16 days quicker than the previous month. This combination points to renewed buyer engagement heading into the new year.

Cincinnati’s market maintained a steady pace as 2026 began. The city recorded 1,639 closings, up nearly 15% from December. The average home value settled at $358,784, reflecting a modest seasonal adjustment. Homes spent an average of 31 days on the market, slightly longer than the prior month, but still moving relatively quickly for this time of year.

Springfield started the year with stable pricing and consistent activity. The average sales price rose slightly to $238,878, while 372 homes closed during the month. Homes spent an average of 82 days on the market, reflecting a slower winter pace as buyers and sellers take a more measured approach early in the year.

What This Means for Buyers

For buyers, January’s Richmond market presents a window of opportunity shaped by seasonal conditions.

• Softer pricing may create improved affordability compared to recent periods
• Longer days on market reduce urgency and allow more time for due diligence
• Consistent closings suggest active options remain available across price points

Buyers who are financially prepared and flexible on timing may find this period favorable for exploring options and negotiating thoughtfully.

What This Means for Sellers

Sellers should be aware of a slower, more deliberate pace typical of winter markets.

• Homes may require more time on the market before securing an offer
• Accurate, data-driven pricing is especially important right now
• Strong presentation and marketing can help listings stand out

Sellers who align pricing and expectations with current conditions are better positioned to attract serious buyers.

Looking Ahead

As winter progresses, Richmond’s housing market is expected to remain steady but measured. Historically, activity begins to pick up as spring approaches, bringing increased listing volume and buyer movement.

Whether you’re planning to buy, sell, or simply monitor the market, staying informed about local trends can help you make confident decisions as conditions evolve.

If you’d like to talk through how these trends apply to your specific situation, a local Coldwell Banker Lingle agent can provide personalized guidance.