The housing market in 45233 Cincinnati, OH is a strong one. The median value of homes in the area is $281,000, which is significantly lower than the US House Median Value of $338,100. However, the area has seen an impressive 10.68% rate of appreciation over the past year, which far outpaces the national average of 8.27%. It seems that Cincinnati is a great place for those looking to invest in real estate or purchase a home as prices are still relatively low but outpacing national trends.
The median home cost in Cincinnati (zip 45233) is $281,000. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Cincinnati (zip 45233) is up 16.6%.
Average Age of Homes
- The median age of Cincinnati (zip 45233) real estate is 43 years old
The Rental Market in Cincinnati (zip 45233)
- Renters make up 14.1% of the Cincinnati (zip 45233) population
- 2.4% of houses and apartments in Cincinnati (zip 45233), 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.