Cincinnati, OH 45251 Real Estate Market Report

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

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

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

Key Findings

1. The neighborhood's primary transaction signal is the median sold price $197,000, which, coupled with a up price year-over-year trend, suggests recent transaction values are rising and supporting moderate appreciation pressure.
2. Liquidity appears slower than typical market turnover: the median days on market 259 points to slower sales velocity, which may indicate longer negotiation windows or more selective buyer behavior despite rising prices.
3. There is a persistent spread between seller expectations and completed transactions—the median listing price $209,900 sits above the median sold price, which may signal pricing friction and the need for sellers to price more competitively to convert listings into sales.
4. Rental and financing context is mixed for investors and owner-occupiers: the 6.63% current average 30-year fixed mortgage rate in the area coincides with a up rent year-over-year trend and a median market rent $1,750, while elevated interest rate pressure (elevated) may constrain some buyer purchasing power and favor cash or well-qualified buyers.

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.