Market Intelligence · OH / Cincinnati

Cincinnati, OH 45240 Housing Market

In Cincinnati, OH 45240, the typical home value is $246,145, up 1.2% over the past year as of 2026-08-01. The median list price is $287,450, and homes spend a median of 38 days on the market.

Updated August 2026Median value$246K

The median home value in Cincinnati, OH 45240 is $246K as of August 2026, up 1.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 45240 range

$226K to $266K

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

+1.2% over 12 months

Typical home value in 45240 over the last 12 months: $243K in Aug 2025 to $246K in Aug 2026 (+1.2%).

Aug 2025$243K

Aug 2026$246K

The numbers

What is the 45240 housing market like?

Typical home value

$246K

Up1.2%YoY

Median list price

$287K

Up5.5%MoM

Days on market

38

Down15.6%MoM

Homes for sale

43

Up22.9%MoM

Price cuts

17.4%

Down20.9%MoM

New listings

36

Up28.6%MoM

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

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The comparison

How do 45240 home prices compare?

  • 45240$246,145
  • Cincinnati$253,578
  • Ohio$225,688
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Cincinnati: 45 ZIPs; Ohio: 1,024 ZIPs; United States: 26,265 ZIPs).

Context

There are 43 homes for sale in Cincinnati, OH 45240, with 36 new listings hitting the market as of 2026-08-01. The median list price is $287,450, while the typical home value sits at $246,145, up 1.2% over the past year. Homes are moving in a median of 38 days, which points to steady but not frantic activity. About 17.4% of listings have taken a price cut, so some sellers are adjusting their expectations. For a seller, this is a stable market where pricing correctly from the start matters more than testing the high end.

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