Why Live in Cincinnati
Cincinnati's rich cultural scene centers around the historic Over-the-Rhine district, where Findlay Market, Ohio's oldest continuously operated public market, buzzes with local vendors and artisanal goods. The city's German heritage lives on through its annual Oktoberfest Zinzinnati, the largest Oktoberfest celebration in America. Residents enjoy four distinct seasons while exploring the 1,459-acre Mount Airy Forest or strolling through Eden Park's scenic overlooks of the Ohio River. The dining scene features standout restaurants like Boca, known for elegant European cuisine, and Sotto, a romantic Italian trattoria in downtown.
The housing market presents diverse options across neighborhoods. The median sale price in Cincinnati is $267,500. Mount Adams commands the highest median single-family home prices at $948,500, while Northside provides more affordable options with a median of $260,000. Over-the-Rhine features urban living with one-bedroom condos at a median price of $254,900 and two-bedroom units at $351,200.
Cincinnati's cost of living sits 3.7% below the national average. A family with children ages 6-17 needs approximately $102,000 annually to live comfortably, while renters should aim for $55,000. Property taxes in Hamilton County stand at 1.53%, higher than neighboring Kentucky cities like Covington at 1%. The city maintains strong educational options, including Walnut Hills High School and The Summit Country Day School, both rated A+ by Niche. Major employers include nine Fortune 500 companies, with healthcare, manufacturing, and financial services leading the job market. The Metro bus system and Cincinnati Bell Connector streetcar facilitate commuting throughout the metropolitan area.
Frequently Asked Questions
What is the average home price in Cincinnati, OH?
Homes for sale in Cincinnati, OH have an average home price of $366,247.
How many homes have sold over the last 12 months in Cincinnati, OH?
5,200 homes have sold in Cincinnati, OH over the last 12 months.
Is Cincinnati, OH a safe city?
What are the most popular zip codes in Cincinnati, OH?
What are the most popular neighborhoods in Cincinnati, OH?
How much do you need to make to afford a house in Cincinnati?
The median home price in Cincinnati is $279,900. If you put a 20% down payment of $56,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,460 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $63K a year to afford the median home price in Cincinnati.
How are the schools in Cincinnati, OH?
Home Trends in Cincinnati, OH
On average, homes in Cincinnati, OH sell after 26 days on the market compared to the national average of 50 days. The median sale price for homes in Cincinnati, OH over the last 12 months is $269,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$269,000
Median Single Family Sale Price
$275,000
Median Townhouse Sale Price
$354,250
Median 2 Bedroom Sale Price
$230,000
Median 1 Bedroom Sale Price
$230,000
Average Price Per Sq Ft
$191
Number of Homes for Sale
835
Last 12 months Home Sales
5,200
Median List Price
$279,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
