Cincinnati, OH 45214 Real Estate Market Report

ZIP Code: 45214
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.

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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 Cincinnati OH 45214 are 6.3% compared to 6.0% for typical loans originated in early 2026.

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. median sold price 119,900 is the primary indicator of recent market value and suggests modest transaction-level pricing for SFR and condo properties in 45214; the gap with the median listing price 215,000 may indicate seller asking expectations above realized transaction levels and suggests pricing friction between list and sale.

2. median days on market 327 points to slower sales velocity in the sample and may indicate that sellers need longer marketing periods to achieve negotiated sales, even as transactions continue to occur.

3. median price per square foot 93.57 combined with a median market rent 1,195 and an upward rent year-over-year trend suggests rental demand strength; this supports hold-case economics for landlords but does not by itself imply stronger sale pricing without faster turnover.

4. The broader indicators show prices year-over-year are up while market temperature is neutral and interest rate pressure is moderate; current 30-year fixed mortgage rates at 6.3% versus 6.0% for typical early-2026 originations may be a modest headwind for buyer affordability and could prolong the current balanced-to-slower liquidity environment.

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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.

Cincinnati, OH 45214 Real Estate Market Report

ZIP Code: 45214
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.

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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

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.

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Property Taxes

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Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.

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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 Cincinnati OH 45214 are 6.3% compared to 6.0% for typical loans originated in early 2026.

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. median sold price is the primary indicator of market value and recent transaction activity in ZIP 45214; use sold prices rather than asking prices to assess true market direction and liquidity.

2. price year-over-year trend: up — up year-over-year pricing suggests modest appreciation, which combined with the market temperature being neutral may indicate balanced but upward price pressure.

3. relatively constrained active supply appears in the analyzed sample and may indicate pricing friction and somewhat limited choice for buyers; this, paired with moderate transaction volume, suggests steady liquidity rather than rapid turnover.

4. median market rent: $1,195 and rent year-over-year trend: up — rising rents support investor interest and rental demand; note that mortgage financing costs are 6.3% compared to 6.0% for typical early‑2026 originations, and overall interest rate pressure is moderate, which may temper buyer affordability and slow absorption of listings.

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Notable Properties

The following 2 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.