Cincinnati has been riding high since the start of the year, after it was revealed that the city is one of the top 25 places to live in the U.S. And now collated data from the Census, FBI, and Bureau of Labor Statistics has revealed the city’s top locations where you should be investing in real estate. But what makes these areas property hot spots?
Madeira has long been cited as a great place to live in Cincinnati. However, in the latest survey, it’s claimed the top spot. This is because the schools in the area rank highly for performance, the neighborhoods are considered friendly, and crime rates are particularly low at just 953 per 100,000 people, according to AreaVibes. Property in Madeira currently sells for a median value of $290,300 and prices have increased by more than 15% in the past year. It’s, therefore, the perfect time to invest in the area and for existing Madeira homeowners to maximize the potential of their homes. By releasing equity from their property, they can carry out renovations and updates which will make their Madeira home stand out from all the rest on the market.
The city of Wyoming has a population of more than 8,000. The third place city is situated to the southwest of Cincinnati and is home to a popular golf club. Wyoming has ranked highly due to its family-friendly atmosphere. Homes in Wyoming currently have a median value of $330,700 and are predicted to rise by more than 2% by the end of the year. As such, it makes sense to start shopping for real estate in the area now.
With a population of more than 30,000, Mason is a bustling Cincinnati community. The city has landed itself in the fifth position due to its high-quality public schools and family-friendly setup. Crime rates in Mason are also impressively low, with there being just a one in 2,770 chance of becoming a victim to violent crime. What’s more, property in Mason has an average value of just over $230,000, which makes it more affordable and accessible than some of the other locations in the top 5.
There’s no denying that Cincinnati is a great place to live. And, now that the city’s most liveable, friendly, and best areas have been revealed, property hunters can be sure they’re searching for property in only the best Cincinnati locations.