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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

$356,038

AVERAGE PRICE OF 920 HOMES

$84,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,478,652

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$627,976

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$315,753

AVERAGE PRICE OF 26 HOMES WITH A POOL

$304,600

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $356,038
Avg Bedrooms 2.97 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $306,112
2 bedrooms $242,926
3 bedrooms $337,295
4 bedrooms $489,098
5 bedrooms $485,225
Cincinnati Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 1,030 1,123 1,168 1,147 1,166
Average Price $355,721 $360,259 $358,451 $360,299 $356,075
Avg Price Change -1.28% +0.50% -0.52% +1.19% -2.39%
Median Price $246,268 $248,448 $251,325 $254,601 $252,271
Med Price Change -0.89% -1.16% -1.30% +0.92% -3.18%
Avg Bedrooms 3 beds 3 beds 2.98 beds 2.98 beds 2.99 beds
Avg Bathrooms 2.49 baths 2.47 baths 2.46 baths 2.49 baths 2.51 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 920 $356,038 103 days
Distressed Homes 1 $84,000 14 days
Multi-Million Dollar Homes 37 $1,478,652 313 days
Newly Built Homes 13 $627,976 218 days
Homes with a Pool 26 $315,753 76 days
Reduced Price Homes 36 $304,600 80 days
RE/MAX Preferred Group - The Markowski Team
Amy Markowski
9032 Union Center Drive #100
West Chester, OH 45069
513-805-8406

Courtesy of the MLS of Greater Cincinnati. Copyright © 2021 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: January 15, 2021
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