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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

$396,166

AVERAGE PRICE OF 937 HOMES

$178,880

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,616,626

AVERAGE PRICE OF 72 MULTI-MILLION DOLLAR HOMES

$468,500

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$413,044

AVERAGE PRICE OF 18 HOMES WITH A POOL

$329,485

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $396,166
Avg Bedrooms 2.18 beds
Avg Bathrooms 1.74 baths

Average Price by Bedrooms

1 bedroom $231,634
2 bedrooms $233,607
3 bedrooms $407,268
4 bedrooms $537,554
5 bedrooms $491,126
Cincinnati Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 858 1,379 n/a n/a n/a
Average Price $405,782 $391,121 n/a n/a n/a
Avg Price Change +3.75% n/a n/a n/a n/a
Median Price $246,232 $257,936 n/a n/a n/a
Med Price Change -4.75% n/a n/a n/a n/a
Avg Bedrooms 2.26 beds 2.28 beds n/a n/a n/a
Avg Bathrooms 1.8 baths 1.83 baths n/a n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 937 $396,166 45 days
Distressed Homes 5 $178,880 34 days
Multi-Million Dollar Homes 72 $1,616,626 65 days
Newly Built Homes 8 $468,500 55 days
Homes with a Pool 18 $413,044 37 days
Reduced Price Homes 21 $329,485 41 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: March 28, 2023
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