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Cincinnati, OH 45239 Real Estate Market Report

ZIP Code: 45239
Report Date: April 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
54
Active Listings
19
Sold Properties
35

Market Metrics

Median Listing Price
$220,000
Median Sold Price
$220,000
Median Price per Sqft
$167/sqft

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

Median Market Rent
$1,144

Property Taxes

Property Tax Rate
1.36%

Liquidity & Velocity

Median Days on Market
248
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. median sold price: 220,000 is the primary indicator of current market value in ZIP 45239; with the median listing price also at 220,000, recent transaction values and seller expectations are aligned, which suggests limited pricing divergence between asking and achieved prices and may reduce negotiation friction for appropriately priced SFR and condo listings. neutral market alignment

  2. Despite price alignment, the market shows median days on market: 248, which points to slower sales velocity and suggests sellers should expect longer listing periods and consider targeted marketing, staged inspections, or flexible showing windows to improve turnover without cutting price prematurely.

  3. Liquidity context shows relatively constrained active supply in the analyzed sample while sales continue—characterized as moderate transaction volume rather than rapid turnover; combined with a market temperature: neutral, this suggests a balanced market where pricing discipline and condition-driven differentiation will be decisive for listing success. balanced market

  4. Renter demand signals remain constructive: median market rent: 1,144 and a rent year-over-year trend: up indicate strengthening rental rates, while median price per square foot: 167 helps position investment comps; investors should consider longer holding timelines given the slower sales velocity but may benefit from rising rents if financing aligns with the current interest rate pressure: moderate. rising rents


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.

Recent Transactions

2813 Orchardpark Dr, Cincinnati, OH 45239
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
2 baths
2,127 sqft
$360,000
Feb 1, 2026
$169/sqft/sqft
3398 Stevie Ln, Cincinnati, OH 45239
Market Benchmark

Sold at market average

3 beds
2 baths
1,694 sqft
$300,000
Feb 1, 2026
$177/sqft/sqft
177 days on market
3198 Sunnyhollow Ln, Cincinnati, OH 45239
Quick Flip

Sold below market average

4 beds
2 baths
1,986 sqft
$285,000
Jan 1, 2026
$144/sqft/sqft
283 days on market
8323 Firshade Ter, Cincinnati, OH 45239
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,172 sqft
$208,900
Jan 1, 2026
$178/sqft/sqft
6792 Golfway Dr, Cincinnati, OH 45239
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,024 sqft
$205,000
Feb 1, 2026
$200/sqft/sqft
6264 Seiler Dr, Cincinnati, OH 45239
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds
2 baths
2,067 sqft
$205,000
Mar 1, 2026
$99/sqft/sqft
102 days on market
6822 Betts Ave, Cincinnati, OH 45239
Quick Flip

Sold below market average

2 beds
1 baths
1,182 sqft
$100,000
Mar 1, 2026
$85/sqft/sqft
81 days on market
3219 Lapland Dr, Cincinnati, OH 45239
Quick Flip

Sold below market average

- beds
1 baths
1,078 sqft
$90,000
Feb 1, 2026
$83/sqft/sqft

Cincinnati, OH 45239 Real Estate Market Report

ZIP Code: 45239
Report Date: April 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
35
Active Listings
0
Sold Properties
35

Market Metrics

Median Listing Price
$0
Median Sold Price
$167,000
Median Price per Sqft
$141/sqft

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

Median Market Rent
$1,625

Property Taxes

Property Tax Rate
1.49%

Liquidity & Velocity

Median Days on Market
403
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood's primary market value indicator, the median sold price, is 167,000, which anchors pricing expectations for SFR and condo transactions and suggests recent transaction values consistent with stable local demand (up price year-over-year).

  2. The market shows prolonged time-to-contract with a median days on market of 403, a level that may indicate slower sales velocity and potential pricing friction between buyers and sellers rather than immediate turnover.

  3. Pricing density is moderate with a median price per square foot of 141 while rental demand is strengthening given a median market rent of 1,625 and a rent up year-over-year trend; this combination suggests continued investor interest and supports buy-to-rent economics in the area.

  4. Overall market balance is effectively neutral—market temperature is neutral and interest rate pressure is moderate—so expect measured listing strategies and negotiation room; sellers should price to recent sold transactions and buyers should allow for extended marketing periods when structuring offers.


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.

Recent Transactions

3070 Preserve Ln # 2-1d, Cincinnati, OH 45239
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
2 baths
1,056 sqft
$3,800,000
Dec 1, 2025
$3,598/sqft/sqft
2396 Buddleia Ct, Cincinnati, OH 45239
Premium

Sold above market average

2 beds
2 baths
1,070 sqft
$242,000
Jan 1, 2026
$226/sqft/sqft
117 days on market
2413 Buddleia Ct, Cincinnati, OH 45239
Market Benchmark

Sold at market average

2 beds
2 baths
1,457 sqft
$208,000
Nov 1, 2025
$143/sqft/sqft
3547 Jessup Rd Apt 1d, Cincinnati, OH 45239
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2 baths
1,056 sqft
$165,000
Jan 1, 2026
$156/sqft/sqft
3302 N Bend Rd Apt 1, Cincinnati, OH 45239
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
2 baths
1,188 sqft
$154,900
Dec 1, 2025
$130/sqft/sqft
3041 Preserve Ln # 1-2d, Cincinnati, OH 45239
Market Benchmark

Sold at market average

2 beds
2 baths
1,041 sqft
$136,400
Dec 1, 2025
$131/sqft/sqft
3041 Preserve Ln # 1-2d, Cincinnati, OH 45239
Market Benchmark

Sold at market average

2 beds
2 baths
1,041 sqft
$136,400
Dec 1, 2025
$131/sqft/sqft
3161 Preserve Ln # 5-3d, Cincinnati, OH 45239
Quick Flip

Sold below market average

2 beds
2 baths
1,041 sqft
$90,000
Nov 1, 2025
$86/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$283/mo
45239 Avg Rent
45239 Cost to Own
Rent$1,144
Own$1,427

20% down, 6.5% rate, 1.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

45239 Avg nightly rate
45239 Avg occupancy (days/year)
Nightly rate$128/night
Occupancy116 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/19/2026

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