Cincinnati, OH 45202 Real Estate Market Report

ZIP Code: 45202
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Cincinnati, OH, are averaging 6.4%, reflecting a stable market environment for property owners in this area throughout 2026.

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

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Key Findings

1. The neighborhood's median sold price is 724,900, which should be treated as the primary indicator of realized market value and recent transaction activity; given the small spread versus the median listing price of 727,450, seller expectations appear largely aligned with recent sale outcomes.

2. Liquidity appears muted with a median days on market of 312, which suggests slower sales velocity and greater holding time for listings; this pace may require sellers to set clear pricing and condition-driven differentiators to maintain marketability.

3. Pricing density is strong at a median price per square foot of 314, and with median market rent at 1,648 and rent year-over-year trend up, rental demand dynamics may support investors targeting stabilized cash flows, though acquisition underwriting should account for the measured sales tempo.

4. Market-level indicators show price year-over-year trend up while market temperature is neutral and interest rate pressure is described as moderate; combined, these suggest a cautiously balanced environment where modest appreciation continues but transactions may take longer, so stakeholders should prioritize realistic pricing and financing contingencies (current 30-year fixed mortgage rates are averaging 6.4%).

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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.

Cincinnati, OH 45202 Real Estate Market Report

ZIP Code: 45202
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Cincinnati, OH, are averaging 6.4%, reflecting a stable market environment for property owners in this area throughout 2026.

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

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Key Findings

1. median sold price 340,000 is the primary market-value signal for recent transactions in ZIP 45202; given the gap versus the median listing price, sellers and valuers should ensure asking strategies reflect recent closed-sales rather than older list expectations. up

2. median days on market 313 suggests slower sales velocity and meaningful pricing friction — pricing and condition will likely play an outsized role in achieving a timely sale, so sellers should consider targeted improvements or price positioning to reduce time to contract. declining liquidity

3. median listing price 291,500 sitting below the median sold price indicates a disconnect between asking and realized prices that may favor sellers who properly price for current demand; however, market participants should monitor executed sale prices closely to confirm this pattern. balanced

4. market temperature neutral with interest rate pressure moderate (current 30-year fixed average ~6.4% in Cincinnati) and rent year-over-year trend up supports steady landlord demand and rent growth, so investors should weigh financing costs against rising rent when evaluating acquisitions or hold/renovation decisions. moderate

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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.