45251 Home Prices & Values

$94,000 Zillow Home Value Index What's This?  
Close

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.7% 1-year change
  • 3.1% 1-year forecast

Market Temperature: ColdWhat's This?
Close

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in 45251 is $94,000. 45251 home values have gone up 7.7% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in 45251 is $68, which is lower than the Cincinnati Metro average of $93. The median price of homes currently listed in 45251 is $74,900 while the median price of homes that sold is $90,915. The median rent price in 45251 is $850, which is lower than the Cincinnati Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In 45251 7.7 homes are foreclosed (per 10,000). This is greater than the Cincinnati Metro value of 5.2 and also greater than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 45251 is 5.7%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 45251 homeowners underwater on their mortgage is 30.3%, which is higher than Cincinnati Metro at 18.3%.

more
Relative ZHVI
- +

45251 Market Overview

Data through Aug 31, 2014
  • $94,000 ZHVI
  • 3.1% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $74,900 Median listing price
  • $90,915 Median sale price (Jul 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

45251 Market Health

Data through Aug 31, 2014
  • 2.1/10 Less healthy What's This?  
    Close

    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 30.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

7.7 homes 45251
5.2 homes Cincinnati Metro
4.3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
45252 $171,000 45247 $167,600 45014 $136,400
45240 $104,500 45218 $99,800 45224 $91,400
45239 $91,100 45231 $90,300 45223 $73,300

Listings & Sales

Data through Aug 31, 2014
  • $68 Median list price / sq ft
  • $70 Median sale price / sq ft (Jul 31, 2014)
  • 44.6% Listings with price cut
25.1%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

45251 Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$934 45251
$1,191 Cincinnati Metro
$1,328 United States
  • 1.5 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading