Cincinnati & Dayton, Ohio

Home values in Cincinnati are more affordable than many other cities across the nation

• In January 2017, the median price of three bedroom homes in Cincinnati was $143,000. This is 23.53% less than the average national home price of $187,000.
• In January 2017, the median purchase price of three bedroom homes in the Cincinnati neighborhoods where Real Wealth Network members invest was $111,400. This is 22.10% lower than the average three bedroom home in the Cincinnati metro area and 40.43% less than the average three bedroom home nationwide.
• This shows us that Cincinnati property values are uniquely affordable, especially in the neighborhoods where Real Wealth Network members are investing.

The median rent for Cincinnati homes is higher than more expensive U.S. cities

• In January 2017, the median monthly rent of three bedroom homes in the U.S. was $1,391, which is 0.74% of the median purchase price of $187,000.
• The median monthly rent of the average three bedroom home in Cincinnati was $1,245, which is 0.87% of the average purchase price of $143,000.
• In the neighborhoods where Real Wealth Network members invest, three bedroom R.E.A.L. turnkey properties rent for an average of $1,035 per month. This is 0.93% of the average purchase price of $111,400.
• This shows us that Cincinnati is a strong real estate market for cash flow, especially in the neighborhoods where Real Wealth Network members invest.

Cincinnati real estate prices have been rising for the last five years

• Between January 2012 and January 2017, three bedroom single family homes in the Cincinnati metro appreciated by 0.82%.
• Between January 2012 and January 2017, the annual appreciation rate increased to 3.23%.
• Home values appreciated at a rate of 5.93% between January 2016 and 2017.
• This data shows us that Cincinnati real estate values are rising at a higher rate every year. If the demand stays strong, we can expect that property values will continue to rise in the coming years. This is good news for investors interested in equity growth.

Cincinnati has been experiencing consistent population growth over the last five years

• Between July 2010 and July 2015, more than 43,000 people have moved to the Cincinnati metro area. This is a 2.04% increase in population, which is just under than national growth rate of 2.31%.

Cincinnati has also experienced solid job growth in the last year

• In the past year, 23,000 new jobs were created in Cincinnati, which is a 2% increase in the number of jobs.
• This shows us that Cincinnati is experiencing job growth and population growth at a solid rate. Job and population growth are both significant indicators for real estate investors to understand, because jobs attract people and people always need a place to live. In other words, more people leads to increased demand for housing.

Cincinnati is Affordable

• The median price of three bedroom homes in Cincinnati is $143,000, which is 24% less than the average value nationwide.
• In the neighborhoods where Real Wealth Network members invest, home values are 40% less than the national average for three bedroom homes.
• This shows us that Cincinnati property values uniquely affordable, especially in the neighborhoods where Real Wealth Network members are investing.

Cincinnati is Cash Flowing

• The median monthly rent of the average three bedroom home in Cincinnati was $1,245, which is 0.87% of the average purchase price of $143,000. This is higher than the national average of 0.74%.
• In the neighborhoods where Real Wealth Network members invest, three bedroom R.E.A.L. turnkey properties rent for an average of $1,035 per month. This is 0.93% of the average purchase price of $111,400.
• This shows us that Cincinnati is a strong real estate market for cash flow, especially in the neighborhoods where Real Wealth Network members invest.

Cincinnati Has Equity Growth

• Between January 2012 and January 2017, three bedroom single family homes in the Cincinnati metro appreciated by 0.82%.
• Between January 2012 and January 2017, the annual appreciation rate increased to 3.23%.
• Home values appreciated at a rate of 5.93% between January 2016 and 2017.
• This data shows us that Cincinnati real estate values are rising at a higher rate every year. If the demand stays strong, we can expect that property values will continue to rise in the coming years. This is good news for investors interested in equity growth.

Cincinnati Demand is Rising

• Over the last five years, people have been moving to Cincinnati at a higher rate every year. In the last year, over 23,000 new jobs were created, which is a good sign that people will continue moving here in the coming years.
• People always need a place to live, so as people continue following jobs to Cincinnati, the demand for housing will likely increase. Increased demand means home prices will likely go up. In other words, Job Growth + Population Growth = Increased Demand = Rising Property Values.