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Is Cincinnati, OH 45203 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Cincinnati is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply10.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market83Listing to accepted offer
Median price per sq ft$185▼ −35.5% vs. last year

The Cincinnati housing market right now

In the three months ending August 31, 2026, 0% of homes in Cincinnati, OH 45203 sold above their list price, the typical home went under contract in 83 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (46 days then) and the median sale price rose 5% to $404,867. Overall, Cincinnati is less competitive than a year ago, which gives buyers more room.

Within Hamilton County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Camp Dennison 45111 (100% sold over asking) and Cincinnati 45218 (54% sold over asking) are even more competitive.

Run the numbers for 45203

Prefilled for 45203Can I win this house?Multiple-offer likelihood for a listing Prefilled for 45203Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Addyston 45001Seller’s market $84 /sq ftCamp Dennison 45111 $219 /sq ftCincinnati 45202Buyer’s market $278 /sq ftCincinnati 45204Seller’s market $121 /sq ft Browse all markets →

Towns like Cincinnati nearby

Find towns like Cincinnati in other states →
Cincinnati, OH45229 · 3 miles away38% similarcheaper homes ($71K less) · larger Cincinnati, OH45219 · 2 miles away29% similarcheaper homes ($149K less) · larger Cincinnati, OH45232 · 5 miles away26% similarcheaper homes ($226K less) · larger Cincinnati, OH45204 · 3 miles away20% similarcheaper homes ($262K less) · larger

Where Cincinnati is

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Questions about Cincinnati real estate

Is Cincinnati a buyer’s or seller’s market?

A buyer’s market: there were 10.7 months of supply in Cincinnati, OH 45203 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Cincinnati?

The typical home went under contract in 83 days in the latest three months.

Do homes in Cincinnati sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Cincinnati?

About 1.51% of a home’s value a year in Hamilton County, or roughly $6,040 on a $400,000 home.

What is the median home price in Cincinnati?

The median sale price was $404,867 in the three months ending August 31, 2026, about $185 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology