The housing median value in 45229 Cincinnati, OH is $216,600 which is considerably lower than the US house median value of $338,100. Despite this discrepancy in overall housing value, the 1 year house appreciation rate in 45229 Cincinnati, OH has seen a higher rate of growth at 10.68% compared to the national average of 8.27%. This suggests that although prices may be lower in 45229 Cincinnati, OH than other areas within the US, the area has strong potential for appreciation and has been a desirable area for investment.
The median home cost in Cincinnati (zip 45229) is $216,600. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Cincinnati (zip 45229) is up 16.6%.
Average Age of Homes
- The median age of Cincinnati (zip 45229) real estate is 70 years old
The Rental Market in Cincinnati (zip 45229)
- Renters make up 47.8% of the Cincinnati (zip 45229) population
- 1.9% of houses and apartments in Cincinnati (zip 45229), 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.