Cincinnati, OH 45237 Real Estate Market Report

ZIP Code: 45237
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of March 2026, the real estate market in Cincinnati, OH (ZIP: 45237) reflects a median sold price of $225,000, indicating a stable market environment. This price point suggests a moderate appreciation trend, as the market transitions toward a more balanced state following a period of rapid growth. The neighborhood has increased 15% since 2023, showcasing resilience in property values despite broader economic pressures.

Current market conditions indicate elevated inventory levels, with a notable median days on market of 254 days, suggesting slower sales velocity. This extended timeframe may indicate a shift in buyer sentiment or pricing friction, as buyers now have more options available. The median listing price stands at $248,000, which is higher than the sold price, potentially reflecting seller expectations that may not align with current market realities. Overall, the market temperature is neutral, indicating a balanced environment where both buyers and sellers may find opportunities.

---

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

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.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

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 the Cincinnati market around 6.00% to 6.50% are comparable to the average rates seen earlier in 2026, suggesting current property owners locked in a rate near the recent market norm.

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 of $225,000 reflects a stable market, with a notable increase of 15% since 2023 indicating resilience in property values.

2. Elevated inventory levels are present, as evidenced by a median days on market of 254, suggesting slower sales velocity and potential pricing friction.

3. The median listing price of $248,000 is higher than the sold price, indicating a possible disconnect between seller expectations and buyer willingness.

4. The median market rent is $1,464, which may attract investors looking for rental opportunities in a stable market.

5. Current interest rate pressure is categorized as moderate, which may influence buyer financing options and overall market dynamics.

---

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.