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Cincinnati, OH 45211 Real Estate Market Report

ZIP Code: 45211
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.

Analysis Window
90 Days
Total Properties Analyzed
54
Active Listings
20
Sold Properties
34

Market Metrics

Median Listing Price
$179,900
Median Sold Price
$207,000
Median Price per Sqft
$141/sqft

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

Median Market Rent
$995

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

Property Tax Rate
1.47%

Liquidity & Velocity

Median Days on Market
243
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. $207,000 is the primary indicator of market value based on recent transactions; with a median listing price of $179,900 sitting below that sold price, pricing dispersion suggests some seller expectation gaps and that recent closed sales should guide valuation more than asking prices.

  2. The market shows slower transaction velocity with a median days on market of 243, which may indicate moderate transaction volume and increased time required to convert listings into closed sales—price guidance should account for this liquidity drag.

  3. Unit-level value benchmarks are clear: median price per square foot is $141 while median market rent is $995; with rent year-over-year trend up, rental income fundamentals are strengthening and should be considered alongside comparable sold prices for investor underwriting.

  4. Macro and market balance signals are mixed: price year-over-year trend is up and market temperature is neutral, but interest rate pressure is elevated, so underwriting and pricing strategies should build in rate sensitivity and use conservative buyer-qualification assumptions to mitigate financing-related pullback risk.


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

3424 Craig Ave, Cincinnati, OH 45211
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
2 baths
3,201 sqft
$475,000
Mar 1, 2026
$148/sqft/sqft
168 days on market
2919 Woodrow Ave, Cincinnati, OH 45211
Premium

Sold above market average

3 beds
1 baths
1,576 sqft
$290,000
Feb 1, 2026
$184/sqft/sqft
3121 Mary Jane Dr, Cincinnati, OH 45211
Premium

Sold above market average

3 beds
1 baths
1,694 sqft
$275,800
Feb 1, 2026
$163/sqft/sqft
562 days on market
3902 Taft Ave, Cincinnati, OH 45211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,084 sqft
$176,800
Feb 1, 2026
$163/sqft/sqft
85 days on market
3655 Frondorf Ave, Cincinnati, OH 45211
Premium

Sold above market average

2 beds
1 baths
1,004 sqft
$175,000
Feb 1, 2026
$174/sqft/sqft
3510 Crestnoll Ln, Cincinnati, OH 45211
Value

Sold below market average

3 beds
1 baths
1,599 sqft
$170,000
Mar 1, 2026
$106/sqft/sqft
2922 Eggers Pl, Cincinnati, OH 45211
Value

Sold below market average

4 beds
1 baths
1,780 sqft
$75,000
Feb 1, 2026
$42/sqft/sqft
3205 Stanhope Ave, Cincinnati, OH 45211
Value

Sold below market average

2 beds
1 baths
1,077 sqft
$72,000
Feb 1, 2026
$67/sqft/sqft

Cincinnati, OH 45211 Real Estate Market Report

ZIP Code: 45211
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.


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.

Analysis Window
90 Days
Total Properties Analyzed
35
Active Listings
1
Sold Properties
34

Market Metrics

Median Listing Price
$85,000
Median Sold Price
$109,500
Median Price per Sqft
$128/sqft

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

Median Market Rent
$900

Property Taxes

Property Tax Rate
1.33%

Liquidity & Velocity

Median Days on Market
277
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood's primary market value indicator is the median sold price of 109,500, which, together with a median price per square foot of 128, suggests transaction-level pricing is concentrated in the lower-mid price tiers; up price momentum supports modest appreciation.

  2. Liquidity appears muted: the median days on market is 277, which signals slower sales velocity and pricing friction despite a sample-level characterization of relatively constrained active supply.

  3. Rental fundamentals are strengthening: the median market rent is 900 with a rising rent year-over-year trend, indicating improving cash-flow potential for SFR and condo investors where rents can be captured.

  4. Broader market context is mixed: the market temperature is neutral while interest rate pressure is described as elevated, so balanced market conditions may coexist with affordability headwinds that could damp buyer activity and keep sales velocity subdued.


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

3352 Emerald Lakes Dr Unit 1a, Cincinnati, OH 45211
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
2 baths
1,013 sqft
$160,000
Jan 1, 2026
$158/sqft/sqft
214 days on market
3945 School Section Rd Apt 24, Cincinnati, OH 45211
Market Benchmark

Sold at market average

2 beds
2 baths
1,131 sqft
$158,750
Nov 1, 2025
$140/sqft/sqft
228 days on market
3983 School Section Rd Apt 5, Cincinnati, OH 45211
Market Benchmark

Sold at market average

2 beds
2 baths
1,131 sqft
$152,000
Mar 1, 2026
$134/sqft/sqft
3594 Homelawn Ave Apt 17, Cincinnati, OH 45211
Value

Sold below market average

2 beds
1 baths
880 sqft
$90,000
Nov 1, 2025
$102/sqft/sqft
233 days on market
3314 Emerald Lakes Dr Unit 26, Cincinnati, OH 45211
Value

Sold below market average

2 beds
2 baths
1,224 sqft
$86,954
Jan 1, 2026
$71/sqft/sqft
3608 Westwood Northern Blvd Unit 70, Cincinnati, OH 45211
Value

Sold below market average

2 beds
1 baths
756 sqft
$85,000
Nov 1, 2025
$112/sqft/sqft
260 days on market
2442 Mustang Dr, Cincinnati, OH 45211
Value

Sold below market average

2 beds
1 baths
736 sqft
$77,500
Feb 1, 2026
$105/sqft/sqft
2435 Montana Ave Apt 16, Cincinnati, OH 45211
Value

Sold below market average

- beds
2 baths
1,004 sqft
$60,000
Dec 1, 2025
$60/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$366/mo
45211 Avg Rent
45211 Cost to Own
Rent$995
Own$1,361

20% down, 6.5% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

45211 Avg nightly rate
45211 Avg occupancy (days/year)
Nightly rate$120/night
Occupancy78 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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