Cincinnati, OH 45251 Real Estate Market Report

ZIP Code: 45251
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Cincinnati, OH (ZIP: 45251) is characterized by a median sold price of $229,450, reflecting a stable market environment. The neighborhood has increased up since 2023, indicating a positive trend in property values. However, the market is experiencing elevated inventory levels and longer median days on market, currently at 255 days, suggesting a shift towards a more balanced market where buyers are gaining some leverage.

The median listing price stands at $235,000, which shows a slight gap compared to the sold price, indicating potential pricing friction as sellers adjust expectations. The overall market temperature is neutral, with moderate sales activity and a stable economic backdrop supporting housing stability. Buyers may find opportunities in this environment, although desirable properties remain competitive.

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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.

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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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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 OH 45251 area around 5.875% to 6.5% are slightly below the recent 2026 average of 6.20%, presenting a minor cost opportunity for property owners.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price is $229,450, reflecting a stable market value.

2. With a median days on market of 255, the market is experiencing slower sales velocity.

3. The median listing price of $235,000 suggests potential pricing friction relative to the sold price.

4. The market temperature is neutral, indicating balanced conditions between buyers and sellers.

5. Median market rent is $1,700, which may influence buyer decisions in the rental market.

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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.