An overview of the Cincinnati Real estate market from January through May 2022. The median sales price in May 2022 was $259,450, up 2.96% from $252,000 from the previous month and 3.37% higher than $251,000 from May 2021.
The May 2022 median sales price was at its highest level compared to May 2021 and 2020. The average sales price in May 2022 was $327,781, up 2.29% from $320,437 from the previous month and 3.75% higher than $315,921 from May 2021. The May 2022 average sale price was at its highest level compared to May 2021 and 2020.
I study the market daily; if you’re interested in drilling down to examine the statistics of your neighborhood, let me know. These metrics are integral to both smart buying and selling.
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Cincinnati Key Real Estate Metrics