Market Intelligence · OH / Cincinnati

Cincinnati, OH 45240 Housing Market

The typical home value in Cincinnati 45240 is $243,073, up 0.7% over the past year. The median list price stands at $294,000, with homes spending a median of 36 days on market as of September 2026.

Updated September 2026Median value$243K

The median home value in Cincinnati, OH 45240 is $243K as of September 2026, up 0.7% 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 45240 range

$224K to $263K

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

+0.7% over 12 months

Sep 2025$241K

Low $241KHigh $246K

Sep 2026$243K

The numbers

What is the 45240 housing market like?

As of September 2026

Typical home value

$243K

0.7%YoY

Median list price

$294K

2.3%MoM

Days on market

5.3%MoM

Homes for sale

16.3%MoM

Price cuts

24.8%

42.5%MoM

New listings

27.8%MoM

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

The outlook

45240 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 45240 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 45240 rose 0.7%, per the Zillow Home Value Index.

Will home prices drop in 45240?

Zillow's forecast does not call for a drop: it expects typical home values in 45240 to rise 2.5% by September 2027, after a 0.7% rise 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 45240 home prices compare?

45240$243,073
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

Cincinnati 45240 has 50 homes for sale, with 26 new listings added as of September 2026. The median list price of $294,000 exceeds the typical home value of $243,073, reflecting pricing in the current inventory mix. Nearly one quarter of listings, at 24.8%, have seen price cuts, suggesting some seller adjustment in the market. Homes are taking 36 days to sell on average. If you're considering selling, the modest appreciation and price-cut activity suggest a balanced market where realistic pricing matters.

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Down payment20% · $48,615

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Common questions

What people ask us.

What is a typical home value in 45240?

The typical home value is $243,073 as of September 2026, up 0.7% over the past year.

How many homes are for sale in 45240?

There are 50 homes for sale as of September 2026, with 26 new listings.

How long do homes take to sell in 45240?

The median time on market is 36 days as of September 2026.

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