North Cincy News

Home sales activity and median prices rose across Butler, Hamilton, and Warren counties in August compared to the same period a year ago, according to the REALTOR® Alliance of Greater Cincinnati.

Home sales in August 2024 reached 1,676, a 3.1% increase from the 1,626 sales recorded during the month a year ago. The median sales price across the tri-county area reached $301,000, a 2.7% increase from the $293,000 mark posted in August 2023.

“The Greater Cincinnati housing marketplace is continuing to gain strength, as favorable interest rates and a rising inventory of homes listed for sale are giving consumers an array of opportunities to attain the American Dream of homeownership,” said REALTOR® Alliance of Greater Cincinnati President Tracy Dunne. “The uptick in sales activity and pricing is an indication that buyers understand that housing is a solid, long-term investment.”

Through the first eight months of the year, home sales activity in the region has increased by 1.8% compared to January-August 2023. Year-to-date sales (January-August 2023) reached 11,963, up from the 11,755 homes sold a year ago. The median price during this period is $297,000, a 6.1% increase from the $280,000 mark set a year ago.

The data provided is compiled from activity reported in the Multiple Listing Service of Greater Cincinnati, including residential closings from new and existing single-family homes and condominiums. The REALTOR® Alliance of Greater Cincinnati represents more than 5,600 real estate professionals who subscribe to a strict Code of Ethics.

REALTOR® Alliance of Greater Cincinnati provides graphics to allow members of the public to view several market performance metrics such as units sold, closed prices, number of listings, and more. For more information, please contact Shawn Maus, Director of Communications and Marketing at smaus@cincyrealtoralliance.com.