Cincinnati, OH 45212 Real Estate Market Report

ZIP Code: 45212
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

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the 45212 area are averaging 6.4%, reflecting a stable market environment for property owners compared to early 2026 levels.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The primary indicator of recent market value is the 269,900 median sold price, which, alongside a year-over-year price trend of up, indicates transaction-level appreciation in the 45212 market.

2. There is a notable pricing gap where the 232,500 median listing price sits below the median sold price, which may indicate sellers are achieving final sale prices above initial asking levels and suggests persistent pricing friction benefiting realized values.

3. Sales velocity appears slow: the 287 median days on market points to extended time-to-contract despite rising sold prices, which may reflect buyer caution or conditional offers rather than outright liquidity failure.

4. Inventory characterization in the sampled dataset shows elevated inventory relative to sales activity, while broader market signals — a neutral market temperature and elevated interest rate pressure with current 30-year rates averaging 6.4% — suggest a balanced near-term market where price appreciation coexists with cautious buyer behavior; investors should weigh rent growth (median market rent 1,250, rent trend up) against financing costs when underwriting acquisitions.

---

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.