Why Live in Elmwood Place
Elmwood Place, located about nine miles north of downtown Cincinnati, is a village with a rich history dating back to the late 19th century. The neighborhood features classic architecture, including Colonial Revival, Queen Anne, and bungalows, with many homes requiring some renovation, attracting investors. Vine Street, the main thoroughfare, is lined with sidewalks, making it easy to walk throughout the village. The Elmwood Place Municipal Building, situated at Vine and Maple Streets, houses the mayor’s office, police department, and the Elmwood Place Branch Library, which hosts various community programs and events. Elmwood Place Elementary School and St. Bernard-Elmwood Place High School serve the educational needs of the community, with the high school offering a College Credit Plus program. Dining options include Scoop Dawg, known for its hot dogs and ice cream, and Aspired Vegan, offering vegan versions of local favorites. For fitness enthusiasts, Paradise Gym and Fitness Center provides a range of workout equipment, while outdoor activities can be enjoyed at Vickie Stambaugh Park and a small playground at Elmwood Avenue and Walnut Street. The area has a mix of residential and industrial zones, with major employers like DHL Shipping nearby. Downtown Cincinnati is easily accessible via Interstate 75, and the Metro bus network has stops along Vine Street. Elmwood Place is a community-oriented neighborhood with a strong sense of pride and history.
Frequently Asked Questions
What is the average home price in Elmwood Place, OH?
Homes for sale in Elmwood Place, OH have an average home price of $123,980.
How many homes have sold over the last 12 months in Elmwood Place, OH?
5 homes have sold in Elmwood Place, OH over the last 12 months.
What are the most popular zip codes in Elmwood Place, OH?
How much do you need to make to afford a house in Elmwood Place?
The median home price in Elmwood Place is $125,000. If you put a 20% down payment of $25,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $28K a year to afford the median home price in Elmwood Place.
How are the schools in Elmwood Place, OH?
Home Trends in Elmwood Place, OH
On average, homes in Elmwood Place, OH sell after 50 days on the market compared to the national average of 50 days. The median sale price for homes in Elmwood Place, OH over the last 12 months is $128,000, up 35% from the median home sale price over the previous 12 months.
Median Sale Price
$128,000
Median Single Family Sale Price
$128,000
Average Price Per Sq Ft
$84
Last 12 months Home Sales
5
Median List Price
$125,000
Median Change From 1st List Price
-7%
Median Home Sale Price YoY Change
35%