Dayton Area Home Sales for May 2025

Single-family and condominium sales reported by Dayton Realtors’ Multiple Listing Service showed a continued positive trend for the Miami Valley’s housing market in May, with most of the key metrics demonstrating resilience and growth.

For the month of May, the number of sales saw a decrease of 3.37%, with 1,346 transactions compared to 1,393 in May of the previous year. Despite this marginal dip in sales volume, the total sales price for May reached an impressive $404,452,524, just edging out last May’s total volume by 0.16%. This growth in dollar volume, even with slightly fewer transactions, underscores the continued appreciation in property values. The median sale price for May surged by 6% to $265,000 from $250,000, and the average sales price similarly rose by 3.66% to $300,485, reinforcing the strong upward trend in home values. The sale-to-list price ratio remained steady at 100%.

Looking at the first five months of the year, year-to-date sales experienced a decrease of 7.75%, with 5,371 transactions compared to 5,822 in the same period of 2024. This resulted in a 4.45% reduction in total sales price, reaching $1,517,872,388 so far in 2025, down from $1,588,565,490 in 2024. Despite these declines in volume, both median and average sale prices continued to climb, reinforcing the strength of property values. The year-to-date median sale price increased significantly by 9.52% to $230,000, while the average sales price rose by 3.57% to $282,605.

New listings added in May totaled 1,766, showing a negligible increase of 0.34% from 1,760 last year. Year-to-date listings tallied 7,105, a slight increase of 0.17% from 7,093 in 2024, indicating a relatively stable influx of new properties into the market. The total number of single-family homes and condominiums available in the MLS at month’s end was 1,900, an increase from 1,540 in May 2024. This represented a 1.4 month supply rate based on the current pace of sales.