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.
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.
Key Findings
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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
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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.
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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
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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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold below market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
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.
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.
Key Findings
-
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).
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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.
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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.
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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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Sold at market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 1.4% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 4/19/2026
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