North Cincy News

The Greater Cincinnati housing market showed signs of growth in April, with increased prices and sales activity compared to the same period last year. According to the REALTOR Alliance of Greater Cincinnati, home sales reached 1,579, marking a 1.9% rise from April 2024's figure of 1,549 sales. The median sales price across Butler, Clermont, Hamilton, and Warren counties climbed to $300,000, up 5.3% from $284,900 in April of the previous year.

"The Greater Cincinnati housing market remains resilient heading into the heart of the spring buying season, with both pricing and inventory offering encouraging signs for buyers and sellers alike," stated DaVan Gassett, President of the REALTOR Alliance of Greater Cincinnati. He added that growing inventory is providing more choices for buyers in a competitive environment.

As the second quarter began, year-to-date home sales rose by 2.5% to reach 4,970 compared to 4,848 during the same period last year. The median sales price increased by 3.9% to $291,000. Total sold volume for April was reported at $569 million—a 7.9% increase from last year—contributing to a year-to-date total of $1.77 billion, which is up by 9.6% from 2024.

Inventory also saw significant growth with 2,127 active listings by the end of April—a substantial increase of 40.2%. Homes were selling quickly with a median time on market of just four days. Additionally, there were 2,267 new listings in April—a rise of 6.3% from the previous year—indicating heightened seller confidence as the spring season progresses.

This data is sourced from activities reported in the Multiple Listing Service of Greater Cincinnati and includes residential closings for both new and existing single-family homes and condominiums. The REALTOR Alliance represents over 5,600 real estate professionals who adhere to a strict Code of Ethics.