The Sunbury, Ohio housing market demonstrated significant growth in March 2025, with notable increases in both sales activity and home prices. According to the Columbus REALTORS® report, closed sales for the month reached six, a slight decrease from seven in March 2024. However, year-to-date figures show a substantial 81.3% increase, rising from 16 to 29 sales. The average sales price in March surged by 26.2% year-over-year to $524,050, while the median sales price climbed 11.6% to $480,000. Despite these price hikes, the average price per square foot decreased by 7.8% to $208.35, indicating that larger homes may be entering the market.
The market also experienced a doubling in new listings, from eight in March 2024 to 16 in March 2025, and a 40% increase in inventory, suggesting a growing supply to meet buyer demand. Homes spent more time on the market, with the average days until sale increasing by nearly 30% to 61 days. Additionally, the percentage of original list price received decreased to 98.1%, down from 102.0% the previous year, indicating a slight shift towards a more balanced market.
Overall, Sunbury’s housing market in early 2025 reflects a dynamic environment with rising prices and increased activity, balanced by a growing inventory and longer selling times. These trends suggest a competitive yet stabilizing market, offering opportunities for both buyers and sellers in the coming months.
https://marketstatsreports.showingtime.com/CR/sst/2025-03/Sunbury-Corp.pdf