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House hunting by a school district is fairly common within the greater Cincinnati real estate market. Remember 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.
If the school district is your primary concern make sure you and your agent search by the school district and not suburb codes.
The table below compares single-family home sales from 01/01/20 to 08/31/20 versus the same timeframe in 2021. Data on single-family homes pulled from the Multiple Listing Service of Greater Cincinnati:
School District 2020
# SoldAverage Sale Price 2021
# SoldAverage Sale Price
Cincinnati Public 2312 $239,213 2508 $284,228
Fairfield 482 $215,326 458 $261,214
Forest Hills 472 $329,861 474 $387,690
Lakota 908 $335,548 1027 $401,854
Mason 480 $428,323 565 $510,518
Oak Hills 574 $205,199 561 $234,998
Princeton 304 $232,690 275 $273,282
Sycamore 323 $457,548 305 $518,784
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 of sale price ratios as well as absorption rates.