Market Intelligence · OH / Cincinnati

Cincinnati, OH 45223 Housing Market

Typical home value in Cincinnati's 45223 ZIP is $209,367, down 2.6% over the past year. The median list price sits at $284,250, with homes spending a median of 50 days on market as of September 2026.

Updated September 2026Median value$209K

The median home value in Cincinnati, OH 45223 is $209K as of September 2026, down 2.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 45223 range

$193K to $226K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.6% over 12 months

Sep 2025$215K

Low $209KHigh $219K

Sep 2026$209K

The numbers

What is the 45223 housing market like?

As of September 2026

Typical home value

$209K

2.6%YoY

Median list price

$284K

11.5%MoM

Days on market

3.8%MoM

Homes for sale

3.1%MoM

Price cuts

21.1%

42.1%MoM

New listings

50.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

45223 housing market forecast 2027

+2.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 45223 to rise 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in 45223 fell 2.6%, per the Zillow Home Value Index.

Will home prices drop in 45223?

Zillow's forecast does not call for a drop: it expects typical home values in 45223 to rise 2.8% by September 2027, after a 2.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 45223 home prices compare?

45223$209,367
Cincinnati$250,479
Ohio$222,406
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Cincinnati: 45 ZIPs; Ohio: 1,024 ZIPs; United States: 26,262 ZIPs).

Context

The 45223 market shows modest activity with 33 homes for sale and 6 new listings in September 2026. Nearly one in five listings, at 21.1%, have seen price reductions. Homes are taking about 50 days to sell on average. The year-over-year decline in typical home value reflects a softening market. If you're thinking about selling, recognize that buyer demand is measured rather than brisk.

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Home price

Down payment20% · $41,873

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Common questions

What people ask us.

What is the typical home value in 45223?

The typical home value is $209,367 as of September 2026, representing a 2.6% decline over the past year.

How long do homes typically stay on the market in 45223?

Homes spend a median of 50 days on market in this ZIP.

How many homes are currently for sale in 45223?

There are 33 homes for sale as of September 2026, with 6 new listings added that month.

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