Cincinnati, OH 45215 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

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

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

Key Findings

1. The neighborhood's primary market signal is the median sold price of 204,500, which indicates realized transaction values and suggests current market value is below asking expectations given the spread with the median listing price; representative recent sale data should guide pricing and appraisal work.
2. Pricing momentum shows a year-over-year price trend of up, supporting moderate appreciation even as the market transitions toward balance; combined with a neutral market temperature, this suggests neither extreme overheating nor sharp cooling at present.
3. Liquidity appears constrained by a median days on market of 47, which indicates slower sales velocity relative to very fast-turn markets and may give buyers modest additional negotiating leverage while still reflecting completed transactions.
4. Market headwinds are present: interest rate pressure is elevated, and rent year-over-year trend is down, which together may suppress investor demand and reduce urgency among buyers; elevated interest rate pressure should be considered when underwriting purchase affordability and timing decisions.

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.