Is Cincinnati, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Cincinnati was a Seller's Market.
Key Takeaway
Cincinnati is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Cincinnati, OH cost?
Median Sold Price
$220,000
$144/sqft
Based on all homes sold in November 2022.
Difference Since Last Month
-$7,283(-3.2%)
Key Takeaway
Homes in Cincinnati have sold for 3.2% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS | Oct 2022 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | $225K | $150K | -33.3% |
| 2 Bedrooms | $189.7K | $200.6K | +5.7%  |
| 3 Bedrooms | $227.8K | $229K | 0.5% |
| 4 Bedrooms | $245K | $267.4K | +9.2% |
| 5+ Bedrooms | $303.5K | $147.2K | -51.5% |
Median Sold Price Compared To Nearby Cities
| Saint Bernard | $75K | $140K | +86.7% |
| Cincinnati | $227.2K | $220K | -3.2% |
| Norwood | $220K | $199.2K | -9.4% |
How many homes are available in Cincinnati, OH?
Number of Homes For Sale
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 1,313 | 1,223 | -6.9% |
Homes For Sale By Bedroom Count
| # BEDS | Oct 2022 | Nov 2022 | % |
|---|---|---|---|
| 1 Bedroom | 41 | 37 | -9.8% |
| 2 Bedrooms | 300 | 299 | -0.3% |
| 3 Bedrooms | 621 | 558 | -10.1% |
| 4 Bedrooms | 247 | 231 | -6.5% |
| 5+ Bedrooms | 104 | 98 | -5.8% |
Number of Homes Sold
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 268 | 195 | -27.2% |
Asking Price vs. Sold Price
111 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cincinnati, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.
Average Sale Time
| Oct 2022 | Nov 2022 | % |
|---|---|---|
| 19 Days | 20 Days | +9.2% |
Breakdown of Home Sale Times
152 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cincinnati are selling fast, if you're buying plan to act quickly.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2022 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2022 DABR MLS. All Rights Reserved