Home Sales Update by Greater Cincinnati Area School Districts
Home Sales Update by Greater Cincinnati Area School Districts
Photo by Andrea Piacquadio from Pexels
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Photo by Andrea Piacquadio from Pexels
It’s been a long half year!
Comparing single-family home sales in a variety of school districts across Cincinnati to the same timeframe last year.
House hunting by a school district is fairly common within the greater Cincinnati real estate market.
Many of the school districts cross over from one Multiple Listing area to another. For example, the Princeton School District covers Sharonville, Springdale, Evendale, Glendale, and even parts of West Chester.
Buyers often assume that all properties within certain neighborhoods are located in the same school district- but most school districts wrap around several communities.
If the school district is your primary concern make sure you and your agent search by the school district and not suburb codes.
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The table below compares single-family home sales from 1/1-7/15 for 2019 versus 2020. Data on single-family homes pulled from the Multiple Listing Service of Greater Cincinnati:
School District 2019
# SoldAverage Sale Price 2020
# SoldAverage Sale Price
Cincinnati Public 1893 $217,044 1732 $230,614
Fairfield 378 $210,575 350 $208,618
Lakota 805 $307,654 668 $331,127
Mason 367 $414,906 317 $417,763
Oak Hills 454 $181,182 427 $203,239
Princeton 212 $205,099 246 $228,428
Sycamore 229 $429,836 229 $453,170
Across the board, the average sale price is going up. It’s difficult for some buyers to make a move. Potential sellers afraid of having their property sold out from under them need to discuss strategies with their agents.
Every area and associated school district is unique. Your Realtor® can provide a list to sale price ratios as well as absorption rates.
