Housing in 45231 Cincinnati, OH is more affordable than the national median value, with a median value at $171,700. Over the last year, housing appreciation has been strong in this area with an 10.68% increase. This is higher than the national average of 8.27%. With a relatively low median value and higher than average appreciation rates, 45231 Cincinnati, OH is an appealing market for those looking to buy or invest in housing.
The median home cost in Cincinnati (zip 45231) is $171,700. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Cincinnati (zip 45231) is up 16.6%.
Average Age of Homes
- The median age of Cincinnati (zip 45231) real estate is 55 years old
The Rental Market in Cincinnati (zip 45231)
- Renters make up 32.5% of the Cincinnati (zip 45231) population
- 2.4% of houses and apartments in Cincinnati (zip 45231), 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.