The housing market in 45216 Cincinnati, OH is a strong one. The Median Value of homes in this area is $129,400, which is significantly lower than the US House Median Value of $338,100. However, the appreciation rate for homes in this area has exceeded the US 1 year House Appreciation rate of 8.27% - it stands at 10.68%. This suggests that investing in housing in this area would be a wise decision, as values can be expected to rise over time.
The median home cost in Cincinnati (zip 45216) is $129,400. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Cincinnati (zip 45216) is up 16.6%.
Average Age of Homes
- The median age of Cincinnati (zip 45216) real estate is 78 years old
The Rental Market in Cincinnati (zip 45216)
- Renters make up 40.3% of the Cincinnati (zip 45216) population
- 5.7% of houses and apartments in Cincinnati (zip 45216), 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.