Cincinnati, OH 45214 Real Estate Market Report

ZIP Code: 45214
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Cincinnati, OH (ZIP: 45214) is $93,000, reflecting a market that has seen an increase in activity despite a backdrop of elevated inventory levels. The market appears to be transitioning towards a more balanced state, as evidenced by the 260 days on market, which suggests a slower sales velocity. This shift may indicate that buyers are taking more time to make decisions, leading to a more cautious approach in negotiations.

While the median listing price stands at $149,950, the gap between listing and sold prices indicates potential pricing friction, with sellers needing to adjust expectations to align more closely with buyer sentiment. The local economic conditions remain supportive, with wage growth helping to mitigate housing costs, contributing to a neutral market temperature overall.

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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.

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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.

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Rental Market

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Property Taxes

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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.

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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 Cincinnati OH 45214 market average around 6.00% as of early March 2026, which is notably lower than the 6.76% average from one year ago.

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

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Key Findings

1. $93,000 is the current median sold price, indicating a stable market despite elevated inventory levels.

2. The 260 days on market suggests a slower sales velocity, which may indicate that buyers are exercising caution in their purchasing decisions.

3. With a median listing price of $149,950, there is notable pricing friction between seller expectations and market realities.

4. The market temperature is currently neutral, reflecting a balance between supply and demand dynamics.

5. Median market rent is $1,464, which has shown an upward trend, indicating potential strength in rental demand.

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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.