As we move deeper into 2025, the real estate landscape across Northwest Ohio is showing clear patterns and opportunities for both buyers and sellers. Whether you’re investing in farmland, buying a family home, or looking to downsize, understanding the market can help you make smarter moves.
Buyer Demand Remains Strong
While interest rates have fluctuated slightly in Q1 and Q2, buyer interest hasn’t cooled. Why?
- Low inventory, especially in rural and suburban areas
- More millennials are entering the market
- High rental costs are pushing renters to buy
💡 Pro Tip: Buyers should be pre-approved and ready to act fast in this competitive climate.
Farmland Values Holding Steady
Farmland remains one of the most stable assets in Western Ohio, especially in Hancock, Allen, and surrounding counties.
- The average value per acre has increased year-over-year
- Investors seeking long-term security are turning to land
It’s Still a Seller’s Market… For Now
With fewer listings and continued demand, sellers still have the upper hand:
- Multiple-offer situations are common
- Properties under $300K often sell within 7-10 days
Thinking of listing? Now is a strategic time to prep your home.
What to Expect This Fall
Based on current indicators:
- Interest rates may remain steady or slightly increase
- Demand should stay strong into early fall
- Inventory may tick up in late summer, offering buyers more options
Our Take
Whether you’re buying, selling, or investing, knowledge is power. Ron Spencer Real Estate stays on top of both national and hyper-local market trends to help you make smart, timely decisions.
Ready for a custom market snapshot of your neighborhood or property type? Let’s talk.
