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Monday, November 25, 2024

What happened to the median home price in Cincinnati during the third quarter of 2021?

Re 9

The median sale price of a home sold in the third quarter of 2021 in Cincinnati rose by $40,850 while total sales increased by 16.3%, according to BlockShopper.com.

From July through September of 2021, there were 1,308 homes sold, with a median sale price of $190,850 - a 27.2% increase over the $150,000 median sale price for the same period of the previous year. There were 1,125 homes sold in Cincinnati in the third quarter of 2020.

The following table compares Cincinnati to other Hamilton County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Silverton251478.6%$200,000$166,00020.5%
Harrison645516.4%$199,950$194,0003.1%
Deer Park453528.6%$199,900$188,0006.3%
White Oak West131118.2%$199,900$186,0007.5%
Covedale2633-21.2%$197,500$142,00039.1%
Cincinnati1,3081,12516.3%$190,850$150,00027.2%
Delhi Township1161123.6%$187,850$165,00013.8%
Forest Park5060-16.7%$186,750$155,50020.1%
Monfort Heights East2122-4.5%$186,000$195,500-4.9%
Norwood1071007%$185,000$174,2506.2%
White Oak43414.9%$185,000$148,00025%

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