Cincinnati, OH 45202 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator, the median sold price is 262,000, which represents the best signal of realized value and recent transaction activity and should be prioritized over asking prices when valuing SFR and condo assets in 45202.
2. There is a wide gap between the median listing price of 813,000 and the median sold price of 262,000, which may indicate pricing friction and elevated seller expectations versus recent transaction levels; appraisers and agents should expect negotiation and selective price adjustments rather than immediate premium realizations.
3. Market velocity appears slow: the median days on market is 353, which suggests prolonged marketing periods and slower transaction turnover even as the market temperature is reported as neutral; sellers should plan for extended carrying costs and buyers may have more time to inspect value.
4. Rental strength and financing context support cautious optimism for investors: median market rent is 1,625 and rents are trending up while property prices are also trending up; however, interest rate pressure is reported as moderate and local 30‑year fixed mortgage rates average 6.63%, which may temper buyer purchasing power and underwriting assumptions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.