Cincinnati, OH 45205 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

Key Findings

1. The neighborhood's primary market indicator, median sold price, is $144,000, which should be treated as the most reliable recent transaction benchmark; relative to the median listing price of $172,450, this gap suggests a meaningful spread between asking prices and completed sales that sellers may need to address.
2. Market velocity is slow: the median days on market is 303, which indicates slower sales velocity and implies that time-on-market is a meaningful factor for pricing and negotiation strategies rather than rapid bidding competition.
3. Supply conditions in the analyzed sample point to a relatively constrained active supply, while broader trend signals show prices are trending up and the market temperature is neutral, which together suggest a balanced-to-slightly-warm market where sellers can pursue full-price outcomes only when pricing aligns with recent sold transactions.
4. Local cashflow and valuation context: the median price per square foot is $109 and the median market rent is $1,095; with rent trending up and interest rate pressure at moderate, sellers should price competitively to reflect realized sale levels, and buyers should account for slower liquidity when timing offers.

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.