The Cincinnati housing market is very competitive. Homes in Cincinnati receive 3 offers on average and sell in around 20 days. The median sale price of a home in Cincinnati was $250K last month, up 7.4% since last year. The median sale price per square foot in Cincinnati is $160, up 9.6% since last year.
What is the housing market like in Cincinnati today?
In February 2024, Cincinnati home prices were up 7.4% compared to last year, selling for a median price of $250K. On average, homes in Cincinnati sell after 20 days on the market compared to 28 days last year. There were 291 homes sold in February this year, up from 268 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$250,000
+7.4% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Cincinnati, OH
$250,000
+7.4%
United States
To compare other locations to the Cincinnati and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Cincinnati's median sale price is 39% lower than the national average. Overall cost of living in Cincinnati is 3% lower than the national average. Learn which home features in Cincinnati add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cincinnati housing market?
Cincinnati is very competitive. Homes sell in 20 days.
0
100
78
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 20 days.
Hot homes
can sell for about 2% above list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Cincinnati
Explore recent offers and recently sold homes in Cincinnati
Recent offers
Winning Offer|
8 Weeks Ago
~$400K Offer
3bd | 3.5ba | ~2,750sqft
Over List Price
0%
Days on Market
5
Competing Offers
0
Down Payment
—
Cody Brownfield
Cincinnati Redfin Agent
Offer Not Accepted|
3 Weeks Ago
— Offer
Sold for $50K
2bd | 1ba | ~1,750sqft
Under List Price
34%
Days on Market
14
Competing Offers
—
Down Payment
—
Brad Felblinger
Cincinnati Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$450K Offer
Sold for $450K
4bd | 2.5ba | ~3,000sqft
Over List Price
4%
Days on Market
16
Competing Offers
3
Down Payment
—
Jordan Brewer
Cincinnati Redfin Agent
Offer Not Accepted|
2 Weeks Ago
~$400K Offer
Sold for $400K
3bd | 2ba | ~1,500sqft
Over List Price
4%
Days on Market
15
Competing Offers
0
Down Payment
—
Teena Jackson
Cincinnati Redfin Agent
Cash offer 15k over asking with no contingencies and a 14 day closing with 30 day post occupancy.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Glenn O Swing Elementary School
Public • K-5
466
Students
2 reviews
9/10
Spencer Academy
Public • 3-9
312
Students
N/A
8/10
Mariemont Elementary School
Public • K-6
563
Students
6 reviews
8/10
Elm Avenue Elementary School
Public • K-4
226
Students
N/A
8/10
Woodfill Elementary School
Public • K-5
369
Students
6 reviews
Only showing 5 of
92 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cincinnati housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cincinnati.
Risk Factor
Flood Factor - Major
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cincinnati has a major risk of flooding. 26,334 properties in Cincinnati are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Cincinnati. Flood risk is increasing slower than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cincinnati has a moderate risk of wildfire. There are 23,980 properties in Cincinnati that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in Cincinnati.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Cincinnati has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cincinnati is most at risk from hurricanes. 155,269 properties in Cincinnati have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.