GemHausNew report

Market Snapshot

Median listing price
$190K

The median listing price in Cincinnati, OH ZIP 45239 is $190,000 as of June 2026.

Median rent
$1,099/mo

The median market rent in Cincinnati, OH ZIP 45239 is $1,099/month as of June 2026.

Days on market
241 days

The median days on market in Cincinnati, OH ZIP 45239 is 241 days as of June 2026. The market is currently neutral.

Gross rental yield
6.94%

At a median list price of $190,000 and a median rent of $1,099/month, the gross rental yield in Cincinnati, OH ZIP 45239 is 6.94% as of June 2026.

STR vs LTR
$1,037/mo STR · $1,099/mo LTR

In Cincinnati, OH ZIP 45239, median Airbnb revenue is $1,037/month compared to median long-term rent of $1,099/month as of June 2026.

Cincinnati, OH 45239 Real Estate Market Report

ZIP Code: 45239
Report Date: June 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
82
Active Listings
15
Sold Properties
67

Market Metrics

Median Listing Price
$190,000
Median Sold Price
$209,000
Median Price per Sqft
$165/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
$1,099

Property Taxes

Property Tax Rate
1.38%

Liquidity & Velocity

Median Days on Market
241
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
elevated

Key Findings

  1. $209,000 is the best indicator of current market value — the neighborhood’s median sold price shows recent transactions settling around this level, which should be the primary benchmark for pricing decisions rather than asking prices. neutral

  2. $190,000 median listing price versus $209,000 median sold price suggests a pricing gap where well-priced listings appear to capture higher final sale values; this gap may indicate pricing friction that sellers can exploit with accurate comps and buyers should watch for representative recent sale comparables.

  3. The market shows 241 median days on market, which signals slower sales velocity and sustained time-to-contract; this longer duration may indicate that marketing and pricing strategies need to be aligned to convert interest into closed sales.

  4. Market context is mixed: year-over-year prices are up and rents are up, while interest rate pressure is elevated; combined with a relatively constrained active supply in the analyzed sample, this points to a broadly balanced market with a slight edge to sellers for well-priced homes and continued strength in rental demand. up


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

3311 Boca Ln, Cincinnati, OH 45239
Top Sale

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

3 beds
2 baths
1,625 sqft
$400,000
Apr 1, 2026
$246/sqft/sqft
69 days on market
3510 Banning Rd, Cincinnati, OH 45239
Value

Sold below market average

4 beds
3 baths
3,062 sqft
$370,000
Apr 1, 2026
$121/sqft/sqft
118 days on market
2405 Amelia Ct, Cincinnati, OH 45239
Premium

Sold above market average

3 beds
2 baths
1,872 sqft
$370,000
Mar 1, 2026
$198/sqft/sqft
936 days on market
3250 March Ter, Cincinnati, OH 45239
Market Benchmark

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

3 beds
2 baths
1,498 sqft
$225,000
Apr 1, 2026
$150/sqft/sqft
266 days on market
7170 Longwood Ct, Cincinnati, OH 45239
Market Benchmark

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

3 beds
2 baths
1,064 sqft
$221,000
Mar 1, 2026
$208/sqft/sqft
123 days on market
3236 Deborah Ln, Cincinnati, OH 45239
Market Benchmark

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

4 beds
2 baths
1,824 sqft
$220,000
Apr 1, 2026
$121/sqft/sqft
146 days on market
2715 W North Bend Rd, Cincinnati, OH 45239
Value

Sold below market average

2 beds
2 baths
1,121 sqft
$85,000
Apr 1, 2026
$76/sqft/sqft
3267 Rinda Ln, Cincinnati, OH 45239
Value

Sold below market average

- beds
1 baths
918 sqft
$75,000
Apr 1, 2026
$82/sqft/sqft

Cincinnati, OH 45239 Real Estate Market Report

ZIP Code: 45239
Report Date: June 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
67
Active Listings
0
Sold Properties
67

Market Metrics

Median Listing Price
$0
Median Sold Price
$153,500
Median Price per Sqft
$136/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
$850

Property Taxes

Property Tax Rate
1.50%

Liquidity & Velocity

Median Days on Market
395
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
elevated

Key Findings

  1. The neighborhood's primary market indicator is the median sold price 153,500, which anchors valuation decisions and suggests that recent transactions are concentrated around lower-mid price tiers for SFR and condo product in ZIP 45239.

  2. The market shows slower liquidity with a median days on market 395, which appears to indicate prolonged listing-to-sale timelines and may require more price/time concessions or targeted marketing to accelerate transactions; stable to cautious demand is implied by this extended time on market.

  3. Pricing efficiency signals are mixed: the median price per square foot 136 aligns with the observed median sold price, supporting comparability-based pricing strategies for sellers and appraisals; use local comps at this per-sqft level when setting asking prices to reduce time on market.

  4. Macro and rental context: rent growth is rising and price momentum is positive—median market rent 850, rent up, and price up—but interest rate pressure elevated may constrain buyer affordability; for investors, consider rent-driven underwriting while budgeting for higher financing costs.


Notable Properties

The following 6 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

3414 North Bend Rd # 3414-7, 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
1,020 sqft
$167,000
Apr 1, 2026
$164/sqft/sqft
3408 N Bend Rd Apt 11, Cincinnati, OH 45239
Market Benchmark

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

2 beds
2 baths
1,020 sqft
$160,000
Mar 1, 2026
$157/sqft/sqft
3408 N Bend Rd Apt 11, Cincinnati, OH 45239
Market Benchmark

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

2 beds
2 baths
1,020 sqft
$160,000
Mar 1, 2026
$157/sqft/sqft
3191 Preserve Ln # 8-1b, Cincinnati, OH 45239
Market Benchmark

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

2 beds
2 baths
1,095 sqft
$134,900
Apr 1, 2026
$123/sqft/sqft
3181 Preserve Ln # 7-2b, Cincinnati, OH 45239
Value

Sold below market average

2 beds
2 baths
1,191 sqft
$128,000
Mar 1, 2026
$107/sqft/sqft
3161 Preserve Ln # 5-3d, Cincinnati, OH 45239
Value

Sold below market average

2 beds
2 baths
1,041 sqft
$125,000
Mar 1, 2026
$120/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

-$259/mo
45239 Avg Rent
45239 Cost to Own
Rent$1,099
Own$1,358

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$122/night
Occupancy103 of 365 days

Data Sources

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

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

View property-level details in Cincinnati, OH get valuations, rent estimates, operating costs, and pro-forma insights.

Nearby Market Reports