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Cincinnati

Why you'd want to live in Cincinnati

Cincinnati, located in southwestern Ohio on the Ohio River, was founded in 1788 and incorporated as a city in 1819. It was named after the Society of the Cincinnati, which honored George Washington, whom they likened to the Roman General Cincinnatus. The city saw dramatic growth in the mid 1830s with the development of steamships and the completion of the Ohio and Erie Canal. It soon became a major shipping center, primarily for the pork industry. Cincinnati's location on the Ohio River has contributed not only to its prosperity but also its scenic charm. Winston Churchill once called Cincinnati "the most beautiful of America’s inland cities." Today, Cincinnati is home to major corporations that include Procter & Gamble, Kroger and Federated Department Stores, the parent company of Macy's and Bloomingdale's. With a metro area that includes parts of Ohio, Indiana and Kentucky, Cincinnati has a unique personality that crosses midwestern industrial city with a southern country feel.

Cincinnati Market Report

$405,195

AVERAGE PRICE OF 2,079 HOMES

$250,666

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,700,357

AVERAGE PRICE OF 125 MULTI-MILLION DOLLAR HOMES

$1,055,341

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$847,578

AVERAGE PRICE OF 73 HOMES WITH A POOL

$399,204

AVERAGE PRICE OF 81 REDUCED PRICE HOMES

Average Home

Average Price $405,195
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $211,797
2 bedrooms $246,409
3 bedrooms $355,161
4 bedrooms $514,391
5 bedrooms $881,038
Cincinnati Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 1,085 1,015 1,011 1,008 988
Average Price $415,549 $425,696 $436,567 $425,447 $408,531
Avg Price Change -2.44% -2.55% +2.61% +4.14% +2.94%
Median Price $268,088 $279,030 $295,520 $279,471 $263,393
Med Price Change -4.08% -5.91% +5.74% +6.10% +5.16%
Avg Bedrooms 2.18 beds 2.17 beds 2.22 beds 2.25 beds 2.17 beds
Avg Bathrooms 1.83 baths 1.85 baths 1.87 baths 1.84 baths 1.75 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,079 $405,195 65 days
Distressed Homes 6 $250,666 119 days
Multi-Million Dollar Homes 125 $1,700,357 128 days
Newly Built Homes 22 $1,055,341 100 days
Homes with a Pool 73 $847,578 43 days
Reduced Price Homes 81 $399,204 36 days

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Real Brokerage Technologies - The Markowski Team
Amy Markowski
200 N F St.
Hamilton, OH 45013
513-805-8406

Courtesy of the MLS of Greater Cincinnati. Copyright © 2023 Multiple Listing Services of Greater Cincinnati / All Information is believed accurate, but NOT guaranteed. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc. Those listings held by brokerage firms other than are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. Data on this site was last updated: September 23, 2023
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