Cincinnati, OH 45207 Real Estate Market Report

ZIP Code: 45207
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.

---

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

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.

---

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

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 the 45207 area are averaging 6.35%, reflecting a stable market environment compared to earlier 2026 origination periods.

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 is the median sold price 234,500, which establishes recent transaction-level value and, together with a price year-over-year trend that is up, signals modest upward pressure on realized prices.

2. Despite a lower median listing price 205,000, actual transactions centering on the median sold price 234,500 may indicate pricing friction or seller price adjustments as the market moves toward balance and the market temperature remains neutral.

3. The median days on market 310 points to slower sales velocity and longer negotiation cycles, which, when combined with elevated inventory relative to sales activity, suggests sellers may need greater pricing patience and buyers have more time to evaluate opportunities; slower sales velocity is the operative liquidity signal.

4. Rental fundamentals are strengthening with median market rent 1,200 and a rent year-over-year trend that is up, while financing conditions—Current 30-year fixed mortgage rates in the 45207 area are averaging 6.35%—introduce moderate interest rate pressure on buyer affordability.

---

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.