Cincinnati, OH 45229 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

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 representative market value is best reflected by a median sold price of $230,500, which anchors recent transaction activity and suggests realized pricing is notably below asking expectations in this sample—pricing gap between list and sold may indicate negotiation leverage for buyers.
2. Current listing context shows a median listing price of $320,000, which highlights a meaningful spread versus the median sold price and may reflect seller optimism or differences in property condition and marketability—this spread appears to be contributing to pricing friction in negotiations.
3. Market velocity is consistent with a more balanced environment: median days on market of 27 supports moderate transaction tempo rather than rapid turnover, and this pace appears stable rather than indicative of immediate distress.
4. Interest-rate and macro pressure are material: interest rate pressure: elevated and specifically, Current 30-year fixed mortgage rates in Cincinnati, OH, are averaging approximately 7.1% as of November 2026, reflecting a high-rate environment compared to earlier 2026 periods; this elevated cost of capital may constrain buyer purchasing power and lengthen decision cycles.

Notable Properties

The following 6 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.