Single-Family Home Sales in Your School District
Single-Family Home Sales in Your School District
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Single-family home sales from January through May for 2022 and 2023.
Source: Shutterstock_1078026863
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 relatively common within the greater Cincinnati real estate market. Remember many school districts cross over from one Multiple Listing area to another. For example, the Princeton School District covers Sharonville, Springdale, Evendale, Glendale, and areas 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, not suburb codes.
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The table below compares single-family home sales from 01/01/23-05/31/23 versus the same timeframe in 2022. Data on single-family homes were pulled from the CincyMLS.
School District 2022
# SoldAverage Sale Price 2023
# SoldAverage Sale Price
Cincinnati Public 1837 $313,527 1140 $291,426
Fairfield 225 $299,771 166 $311,360
Forest Hills 246 $389,654 157 $454,654
Lakota 445 $426,375 374 $460,002
Mason 230 $551,954 140 $561,133
Northwest 404 $242,996 285 $263,545
Oak Hills 280 $265,829 186 $261,893
Princeton 170 $280,665
100 $314,851
Sycamore 139 $551,787 112 $634,059
2022 versus 2023 reflects fewer homes for sale and slightly higher interest rates. But across the board, the average sale price is still 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 and absorption rates.
