2024 vs 2023 Home Sales in Greater Cincinnati
2024 vs 2023 Home Sales in Greater Cincinnati
Source: Shutterstock_1078026863
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Single-family home sales through 2024 vs 2023 in Greater Cincinnati School Districts.
Source: Shutterstock_1078026863
The median sales price in December 2024 was $295,000, and equal to the previous month and 11.32% higher than $265,000 in December 2023.
The December 2024 median sales price was at its highest level compared to December 2023 and 2022. The average sales price in December 2024 was $346,108, down -2.46% from $354,833 from the previous month and 7.31% higher than $322,521 from December 2023.
The December 2024 average sale price was at its highest level compared to December 2023 and 2022.
Comparing the single-family home sales in various school districts across Cincinnati to the same timeframe last year. The school districts listed had the highest number of sales.
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 West Chester.
Buyers often assume that all properties within certain neighborhoods are in the same school district- but many 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 for 2024 vs. 2023.
Data on single-family homes were pulled from the CincyMLS:
| School District | 2024 # Sold | Average Sale Price | 2023 # Sold | Average Sale Price |
|---|---|---|---|---|
| Cincy MLS | 17,274 | $354,226 | 16,344 | $332,954 |
| Cincinnati Public | 2723 | $338,063 | 2670 | $309,133 |
| Fairfield | 583 | $329,864 | 461 | $316,133 |
| Forest Hills | 526 | $468,387 | 428 | $445,221 |
| Lakota | 958 | $479,054 | 946 | $466,528 |
| Mason | 402 | $627,420 | 376 | $560,922 |
| Milford | 445 | $396,265 | 429 | $384,221 |
| Northwest | 775 | $284,308 | 714 | $265,992 |
| Oak Hills | 603 | $287,921 | 507 | $275,770 |
Greater Cincinnati single-family home sales continue to outpace 2023 despite higher mortgage interest rates.
Hire prices and more sales during the same timeframe. Sales in pricier areas may be due to less inventory or higher interest rates. Obviously, the national trends are not hitting local real estate.
Every area and associated school district is unique. Your Realtor® can provide a list of sale price ratios and absorption rates.
