Cincinnati, OH 45230 Real Estate Market Report

ZIP Code: 45230
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

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

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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 for properties in Cincinnati 45230 are averaging 6.4%, reflecting a stable market environment compared to earlier in 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. 290,000 is the median sold price and represents the primary indicator of recent transaction value for SFR and condo properties in 45230; given the market temperature is neutral, this median sold price suggests stable realized values in current trades.

2. The median sold price (290,000) exceeds the median listing price (279,900), which may indicate sellers are achieving prices above typical asking levels and points to upward price momentum consistent with the price year-over-year trend being up.

3. The median days on market (236) is prolonged, which signals slower sales velocity and suggests pricing friction or buyer deliberation despite realized prices; this longer time to close may affect negotiation dynamics and contingency windows.

4. Inventory conditions appear relatively constrained in the analyzed sample, which, combined with rising rents (median market rent 1,185 and rent year-over-year trend up), supports steady investor interest; however, moderate interest rate pressure (moderate) and current 30-year fixed mortgage rates averaging 6.4% may temper transaction volume and buyer affordability in the near term.

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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 45230 Real Estate Market Report

ZIP Code: 45230
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

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Property Taxes

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Liquidity & Velocity

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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 for properties in Cincinnati 45230 are averaging 6.4%, reflecting a stable market environment compared to earlier in 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. The primary market indicator, the median sold price of 185,000, confirms moderate appreciation with the broader local trend showing prices are up, supporting use of recent sales as the best guide to valuation.

2. The median days on market of 372 suggests slower sales velocity and significant time-to-contract for typical transactions; this long market time may indicate pricing friction or buyer underwriting caution rather than acute distress, so sellers should expect extended marketing windows and consider staged pricing or incentives.

3. The median price per square foot of 162 paired with a median market rent of 2,095 reflects rental demand strength while keeping price-per-foot metrics in a range that may support buy-to-rent strategies; note that rents are up year-over-year, which supports landlord pricing power in the near term.

4. Interest-rate context is meaningful: interest rate pressure is described as moderate and Current 30-year fixed mortgage rates for properties in Cincinnati 45230 are averaging 6.4%, which may temper buyer qualification and sustain measured transaction pacing in a market described as neutral.

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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.