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Cincinnati, OH 45251 Real Estate Market Report

ZIP Code: 45251
Report Date: May 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
50
Active Listings
19
Sold Properties
31

Market Metrics

Median Listing Price
$199,000
Median Sold Price
$225,000
Median Price per Sqft
$166/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
$1,695

Property Taxes

Property Tax Rate
1.50%

Liquidity & Velocity

Median Days on Market
276
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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 primary indicator of recent market value is the median sold price of 225,000, which represents the most reliable signal of transaction-level pricing in the neighborhood and should be prioritized over asking prices when appraising SFR and condominium opportunities.

  2. There is a notable gap between median listing price of 199,000 and the median sold price of 225,000, which may indicate pricing friction or sample variation between seller expectations and completed transactions; assess comparable closed sales closely rather than relying solely on active listings (balanced listing-sold gap).

  3. Extended selling timelines are evident with a median days on market of 276, which suggests slower sales velocity and pricing or liquidity headwinds that may require targeted marketing, minor price adjustments, or buyer incentives to accelerate closings.

  4. Market context supports continued appreciation: the price year-over-year trend is up while rent year-over-year trend is up, and the market temperature is neutral, with interest rate pressure moderate—together these signals imply steady value growth but a measured pace of transactions (up for price and rent trends, neutral market temperature).


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

4893 Blue Meadow Ln, Cincinnati, OH 45251
Top Sale

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

4 beds
2 baths
3,044 sqft
$422,000
Feb 1, 2026
$139/sqft/sqft
273 days on market
3889 Brockton Dr, Cincinnati, OH 45251
Market Benchmark

Sold at market average

4 beds
2 baths
2,150 sqft
$360,000
Feb 1, 2026
$167/sqft/sqft
3259 Wemyss Dr, Cincinnati, OH 45251
Value

Sold below market average

4 beds
2 baths
2,781 sqft
$360,000
Feb 1, 2026
$129/sqft/sqft
177 days on market
3435 Alamosa Dr, Cincinnati, OH 45251
Market Benchmark

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

3 beds
1 baths
864 sqft
$199,000
Mar 1, 2026
$230/sqft/sqft
135 days on market
2776 Klondike Ct, Cincinnati, OH 45251
Value

Sold below market average

3 beds
1 baths
1,631 sqft
$189,000
Apr 1, 2026
$116/sqft/sqft
283 days on market
12105 Birchgrove Ct, Cincinnati, OH 45251
Value

Sold below market average

3 beds
1 baths
1,520 sqft
$177,000
Mar 1, 2026
$116/sqft/sqft
10128 Sturgeon Ln, Cincinnati, OH 45251
Value

Sold below market average

3 beds
1 baths
925 sqft
$100,000
Feb 1, 2026
$108/sqft/sqft
3516 Alamosa Dr, Cincinnati, OH 45251
Value

Sold below market average

- beds
1 baths
1,069 sqft
$93,500
Feb 1, 2026
$87/sqft/sqft

Cincinnati, OH 45251 Real Estate Market Report

ZIP Code: 45251
Report Date: May 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
33
Active Listings
2
Sold Properties
31

Market Metrics

Median Listing Price
$125,950
Median Sold Price
$141,000
Median Price per Sqft
$131/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
$1,695

Property Taxes

Property Tax Rate
1.63%

Liquidity & Velocity

Median Days on Market
359
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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 signal is the 141,000 median sold price, which, combined with a 359 median days on market, suggests a representative recent sale level but slower sales velocity that may require realistic pricing to close transactions.

  2. Despite steady price appreciation (price year-over-year trend: up), the 359 median days on market indicates lingering liquidity frictions and suggests sellers may need to accommodate longer marketing periods or price concessions to achieve sale.

  3. Pricing density is centered around 131 median price per square foot while rental fundamentals show a 1,695 median market rent and rent year-over-year trend up, which supports investor interest but also underscores the importance of aligning sale pricing with income potential.

  4. Market temperature is reported as neutral with interest rate pressure characterized as moderate, implying a balanced buyer-seller dynamic where elevated listing duration and stable rents create cautious opportunity for buyers and selective pricing power for sellers.


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

3464 Sunbury Ln, Cincinnati, OH 45251
Top Sale

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

3 beds
2 baths
1,190 sqft
$173,000
Feb 1, 2026
$145/sqft/sqft
190 days on market
3433 Sunbury Ln, Cincinnati, OH 45251
Market Benchmark

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

3 beds
1 baths
1,102 sqft
$160,000
Feb 1, 2026
$145/sqft/sqft
79 days on market
3433 Sunbury Ln, Cincinnati, OH 45251
Market Benchmark

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

3 beds
1 baths
1,102 sqft
$160,000
Feb 1, 2026
$145/sqft/sqft
79 days on market
9528 Haddington Ct, Cincinnati, OH 45251
Value

Sold below market average

3 beds
1 baths
1,121 sqft
$114,000
Mar 1, 2026
$102/sqft/sqft
3271 Pebblebrook Ln, Cincinnati, OH 45251
Value

Sold below market average

2 beds
1 baths
1,001 sqft
$90,100
Mar 1, 2026
$90/sqft/sqft
3271 Pebblebrook Ln, Cincinnati, OH 45251
Value

Sold below market average

2 beds
1 baths
1,001 sqft
$90,100
Mar 1, 2026
$90/sqft/sqft
9612 Crosley Farm Dr Apt 20, Cincinnati, OH 45251
Value

Sold below market average

2 beds
2 baths
1,106 sqft
$85,300
Mar 1, 2026
$77/sqft/sqft
9612 Crosley Farm Dr Apt 20, Cincinnati, OH 45251
Value

Sold below market average

2 beds
2 baths
1,106 sqft
$85,300
Mar 1, 2026
$77/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

$210/mo
45251 Avg Rent
45251 Cost to Own
Rent$1,695
Own$1,485

20% down, 6.5% rate, 1.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

45251 Avg nightly rate
45251 Avg occupancy (days/year)
Nightly rate$93/night
Occupancy125 of 365 days

Data Sources

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

Report generated: 5/1/2026

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