Is Cincinnati, OH 45229 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Cincinnati is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score18/ 100

More competitive than 12% of U.S. ZIP codes, and #478 of 489 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.5Under 4 months = seller’s market
Sold above original list9.1%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$133▲ +3.1% vs. last year

The Cincinnati housing market right now

In the three months ending August 31, 2026, 9% of homes in Cincinnati, OH 45229 sold above their list price, the typical home went under contract in 54 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (44 days then) and the median sale price rose 30% to $371,089. Overall, Cincinnati is less competitive than a year ago, which gives buyers more room.

Within Hamilton County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Cincinnati ranks #478 of 489 OH ZIP codes with enough sales (score 18 out of 100).

Nearby, buyers who want less competition could look at Cincinnati 45232 (0% sold over asking) or Cincinnati 45203 (0% sold over asking), while Camp Dennison 45111 (100% sold over asking) and Cincinnati 45218 (54% sold over asking) are even more competitive.

Nearby markets

Addyston 45001Seller’s market $84 /sq ftCamp Dennison 45111 $219 /sq ftCincinnati 45202Buyer’s market $278 /sq ftCincinnati 45203Buyer’s market $185 /sq ft Browse all markets →

Where Cincinnati is

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Questions about Cincinnati real estate

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

A balanced market: there were 5.5 months of supply in Cincinnati, OH 45229 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 54 days in the latest three months.

Do homes in Cincinnati sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 96.3% 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 $371,089 in the three months ending August 31, 2026, about $133 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