Cincinnati Metro Area, OH Housing


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The Cincinnati, OH Metro Area is seeing a boom in housing prices. The median value of homes in the area is currently $250,200, which is significantly lower than the US house median value of $338,100. However, over the past year there has been an impressive increase of 12.02%, far above the US 1 year house appreciation rate of 8.27%. This indicates that investment in the area's real estate market is paying off and will likely continue to grow.

The median home cost in Cincinnati Metro Area is $250,200. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Cincinnati Metro Area is up 16.5%.

Average Age of Homes
- The median age of Cincinnati Metro Area real estate is 44 years old
The Rental Market in Cincinnati Metro Area
- Renters make up 29.4% of the Cincinnati Metro Area population
- 1.4% of houses and apartments in Cincinnati Metro Area, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingCincinnati, OhioUnited States
  953,924.0139,647,020.0
  4742
  $250,200$338,100
  16.5%16.6%
  57.3%57.0%
  83.6%101.1%
  $14.42$10.98
  $2,603$2,690
  62.4%57.4%
  7.5%11.2%
  30.1%31.4%
  Vacant Housing
  1.4%1.9%
  0.4%0.4%
  0.5%0.7%
  0.4%0.4%
  0.6%3.6%
  4.2%4.1%
  Value of Owner-Occupied Housing
  2.1%2.6%
  1.4%2.4%
  2.1%2.8%
  4.5%3.9%
  6.2%4.5%
  19.0%11.3%
  18.6%13.0%
  23.2%20.1%
  11.6%13.6%
  4.9%8.3%
  4.3%9.7%
  1.2%3.9%
  0.6%2.2%
  0.2%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  12.0%13.6%
  12.0%13.6%
  13.8%13.6%
  10.7%13.2%
  13.8%14.8%
  13.8%13.6%
  11.6%10.0%
  4.8%4.7%
  17.3%12.2%
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