Housing in 45205 Cincinnati, OH is quite affordable compared to the US median value of $338,100. The median value for housing in this area is $110,900 which is a third of the US median value. Furthermore, house appreciation in the area has been quite healthy at 10.68%, which is higher than that of the nation's 8.27%. This appreciate can be attributed to people moving into this particular area as it offers an affordable alternative to more expensive cities or neighborhoods. Overall, 45205 Cincinnati, OH provides a great option for people looking for an affordable place to live with good appreciation potential.
The median home cost in Cincinnati (zip 45205) is $110,900. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Cincinnati (zip 45205) is up 16.6%.
Average Age of Homes
- The median age of Cincinnati (zip 45205) real estate is 78 years old
The Rental Market in Cincinnati (zip 45205)
- Renters make up 45.9% of the Cincinnati (zip 45205) population
- 4.1% of houses and apartments in Cincinnati (zip 45205), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.