Cincinnati, OH 45211 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 signal is the median sold price of 196,500, which indicates recent transaction-level value and suggests pricing is tracking above asking benchmarks given the median listing price of 174,900; this gap may indicate pricing friction between seller expectations and completed sales and suggests sellers can expect to anchor negotiations to recent closed comps.
2. Price momentum is positive with the price year-over-year trend marked up, and rental demand is supportive with the rent year-over-year trend also up, implying both capital appreciation and cashflow pressure are moving in the same direction; consider favoring short-run hold strategies for stabilized units while monitoring financing costs. up
3. Liquidity shows signs of slower turnover: the market’s median days on market is 253, which represents extended time to contract and may indicate slower sales velocity and the need for targeted marketing or price alignment to accelerate offers; use realistic time-based contingency planning when underwriting acquisitions.
4. Market context is broadly balanced to slightly warm with the market temperature reported as neutral and interest rate pressure at moderate, which together suggests a tempered pace of activity where sellers retain some leverage but buyer caution persists; adopt staggered pricing strategies and preserve financing flexibility while rates remain a headwind. neutral moderate

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.