Market Snapshot
- Median listing price
- $509K
- Median rent
- $1,600/mo
- Days on market
- 327 days
- Gross rental yield
- 3.77%
- STR vs LTR
- $2,382/mo STR · $1,600/mo LTR
The median listing price in Cincinnati, OH ZIP 45208 is $509,000 as of June 2026.
The median market rent in Cincinnati, OH ZIP 45208 is $1,600/month as of June 2026.
The median days on market in Cincinnati, OH ZIP 45208 is 327 days as of June 2026. The market is currently neutral.
At a median list price of $509,000 and a median rent of $1,600/month, the gross rental yield in Cincinnati, OH ZIP 45208 is 3.77% as of June 2026.
In Cincinnati, OH ZIP 45208, median Airbnb revenue is $2,382/month compared to median long-term rent of $1,600/month as of June 2026.
Cincinnati, OH 45208 Real Estate Market Report
ZIP Code: 45208
Report Date: June 2026
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
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
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.
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.
Key Findings
- The neighborhood's primary market value is represented by the median sold price $763,000, which should be treated as the definitive indicator of recent transaction levels and market value; neutral market conditions suggest this price reflects steady, realized demand rather than a transient spike.
- The median listing price $509,000 sits well below the median sold price $763,000, indicating a notable divergence between asking expectations and recent sale outcomes that may create pricing friction and requires careful pricing strategy from sellers; balanced market temperature appears to moderate aggressive re-pricing.
- The median days on market 327 signals materially slower sales velocity relative to typical market turnover and may suggest buyers are taking longer to transact or that some listings require price adjustments to achieve sale; slower sales velocity may extend holding costs and negotiation windows.
- The median price per square foot $324 combined with rising price and rent trends (up) and moderate interest rate pressure suggests ongoing upward pressure on values, but transaction pacing and inventory context point to a measured, not overheated, appreciation environment.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 1.6% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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