Cincinnati, OH 45237 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 median sold price is 216,500, which serves as the primary indicator of realized market value and suggests recent transactions are settling above the asking baseline in this sample market; sold-value strength supports pricing resilience despite other frictions.
2. The median days on market is 325, which indicates notably slower sales velocity and may reflect elongated time-to-contract even as the market is described as hot—plan for extended marketing windows and verify financing readiness when underwriting acquisitions.
3. The median listing price is 200,000, creating a price relationship with recent solds that suggests potential seller pricing ambitions or selection effects in the sample; pricing gap merits attention when setting offers and negotiating contingencies.
4. Local market benchmarks show a price growth signal with year-over-year prices up, while interest rate pressure is elevated with area 30-year fixed rates averaging 6.63%, and median market rent is 995—this combination suggests buyers face higher financing cost sensitivity even as rental demand and rent growth support investor interest.

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.