MENUMENU
  • Connect
    • Join RealWealth
      • Single Family Rentals
      • Group Investments
      • Real Estate Education
    • Strategy Session
      • Schedule A Strategy Session
    • FAQ
      • Frequently Asked Questions
  • Invest
      • Single Family Rentals
        • Albuquerque, New Mexico
        • Atlanta, Georgia
        • Birmingham, Alabama
        • Chicago, Illinois
        • Cincinnati & Dayton, Ohio
        • Cleveland, Ohio
        • Columbus, Ohio
        • Dallas, Texas
        • Detroit, Michigan
        • Houston, Texas
        • Huntsville & Montgomery, Alabama
        • Jacksonville, Florida
        • Indianapolis, Indiana
        • Kansas City, Missouri
        • Orlando, Florida
        • Pittsburgh, Pennsylvania
        • St. Louis, Missouri
        • Tampa, Florida
      • Group Investments
        • Land Entitlement Projects
        • Land Development Projects
        • International Projects
        • My Group Investments
      • Investor Resources
        • Lenders
        • Non-Conventional Lenders
        • Self Directed IRA
        • Non-Recourse Loans
        • 1031 Exchange Facilitator
        • CPA / Accounting
        • Legal Services
        • Asset Protection
        • Investor FAQ
        • Investor Disclaimer
        • Investor Checklist
        • REAL Income Property™ Standards
        • The Focused Investor
        • Master Proforma
        • RWN Member Handbook
  • Events
    • Webinars
      • Upcoming Webinars
      • Recent Webinars
    • Live Events
      • March Income Property Showcase Featuring Detroit, Jacksonville and Pittsburgh
      • About Our Live Events
  • Learn
      • Podcast
        • The RealWealth Show
        • Real Estate News For Investors
      • Books
        • Retire Rich with Rentals
      • Learning Center
        • New & Noteworthy
        • Investor News
        • Why Real Estate
        • When To Buy Real Estate
        • Where to Buy Real Estate
        • How To Buy Real Estate
        • Investor Tips
        • Asset Protection
        • Financing Options
        • 1031 Exchange
        • Self-Directed IRAs & 401(K)s
        • Property Management
        • Tax Strategies
        • Bookkeeping
        • Creating RealWealth
        • View Full Directory
  • About
      • Our Purpose
      • Our Team
      • In the News
      • What Is RealWealth?
      • RealWealth Foundation
  • Log In
  • Join for Free

Real Wealth Network

California Real Estate Investment Club

Cincinnati & Dayton, Ohio

2019 Market Overview

Cincinnati & Dayton, Ohio

  • Facebook
  • Twitter
  • Linkedin
MARKET MENUMARKET MENU
  • Overview
  • Trends
  • Employers
  • News
  • Resources
  • Teams
  • Properties
  • Investor Relations


Market Overview

Metro Population:

2.2 M


Median Household Income:

$57,000


Unemployment Rate:

4.1%


Median Home Price*:

$115,000


Median Monthly Rent*:

$1,100


Located on the northern banks of the Licking and Ohio River junction, Cincinnati is the third-largest city in Ohio and the 65th-largest city in the United States. Cincinnati was also the first major American city founded after the American Revolution, which is why it is sometimes thought of as the first purely “American” city. It was one of Winston Churchill’s favorite U.S. cities. He called it, “…the most beautiful of the inland cities of the union.”

In recent years, Cincinnati has become a popular destination for new and relocating corporate headquarters, including 10 Fortune 500 companies and 17 Fortune 1000 companies. Some of the more well known of these companies include: Procter & Gamble, The Kroger Company, Macy’s, Inc., and General Electric. Today, the Cincinnati metro area is recognized as one of the nation’s 25 fastest developing regions (according to the Brookings Institution) with a Gross Metro Product of $119 Billion.

Today, the Cincinnati metro area is recognized as one of the nation’s 25 fastest developing regions (according to the Brookings institution) with a Gross Metro Product of $119 Billion.


Why Invest Here?

With cost of living and housing still below the national average, Cincinnati offers great opportunities for real estate investors this year. Especially for those who are looking to invest in REAL Income Properties™ that’ll produce positive monthly cash flow and have a strong chance of steady appreciation.

Trends

  • Overview
  • Housing Market Trends
  • Population Trends
  • Employment Trends
  • Conclusion

Cincinnati Real Estate Market Trends & Statistics 2018-2019Cincinnati Trends & Statistics 2018-2019

In this section, you’ll learn about the top factors that make Cincinnati one of the strongest real estate markets today, including: affordability, cash flow, and equity growth potential. Explore Cincinnati’s housing market, population, and employment trends in the tabs to learn more.


Data Sources:

  • https://www.zillow.com/cincinnati-metro-oh_r394466/home-values/
  • Real Wealth Network Affiliate Data
  • https://factfinder.census.gov/
  • https://www.deptofnumbers.com/employment/ohio/cincinnati/

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

Cincinnati Real Estate Market Median Home Value 2018

  • In January 2018 median price of 3 bedroom homes in Cincinnati was $150,000. This is 26% less than the median value nationwide.
  • In the neighborhoods where Real Wealth Network members invest the median purchase price of 3 bedroom homes was $115,000 in January 2018. This is 43% lower than the average 3 bedroom home nationwide.
  • This shows us that Cincinnati property values 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

Cincinnati Real Estate Market Median Monthly Rent 2018

  • In January 2018, the median monthly rent of 3 bedroom homes in the U.S. was $1,427. This is 0.71% of the median purchase price of $202,000.
    The median monthly rent of the average 3 bedroom home in Cincinnati was $1,272, which is 0.85% of the average purchase price of $150,000.
    In the neighborhoods where Real Wealth Network members invest, 3 bedroom R.E.A.L. Income Properties™ were rented for an average $1,092 per month during this period. This is 0.95% of the average purchase price of $115,000.
    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 steadily for the last five years

Cincinnati Real Estate Market Median Home Value Appreciation 2012-2018

  • Between January 2012 and January 2018 the annual appreciation rate of 3 bedroom single family homes in the Cincinnati metro was just over 3%. Nationally 3 bedroom home values appreciated over 5% annually.
  • During this 6-year period the total appreciation of 3 bedroom homes in Cincinnati was 16% versus 41% nationally.
  • Although Cincinnati is appreciating more slowly than other U.S. markets, real estate values have been rising consistently year after 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 Rents have also been rising steadily.

Cincinnati Real Estate Market Median Monthly Rent Appreciation 2012-2018

 

  • Between January 2012 and January 2018 the median rent for 3 bedroom single family homes rose by over 15%, which is just under the national average of 17% for this period.
  • This shows us that Cincinnati rents are rising at a similar pace to other cities across America. This is good news for investors interested in increasing their monthly rental income.

Cincinnati has been experiencing slow, but consistent population growth over the last seven years.

Cincinnati Real Estate Market Population Growth 2010-2018

  • Between 2010 and 2017 Cincinnati’s population grew by 3%. This is 42% less than the national population growth during this period.
  • This shows us that Cincinnati is experiencing population growth. Although this growth isn’t as rapid as other markets, it is still a good sign of a strong real estate market.

Cincinnati has been creating jobs, but not as many as other markets.

Cincinnati Real Estate Market Job Growth 2018

  • In the last year, the Cincinnati metro has created 9,100 jobs. This is an annual growth rate of 0.83%. This is 52% lower than the national average.
  • This shows us that Cincinnati is creating jobs, although not as many as other markets today. That said, any job growth is a good indication of a strong real estate market.

Cincinnati is Affordable

  • In the neighborhoods where Real Wealth Network members invest the median purchase price of 3 bedroom homes was $115,000 in January 2018. This is 43% lower than the average 3 bedroom home nationwide.
  • This shows us that Cincinnati property values uniquely affordable, especially in the neighborhoods where Real Wealth Network members are investing.

Cincinnati is Cash Flowing

  • In the neighborhoods where Real Wealth Network members invest, 3 bedroom R.E.A.L. Income Properties™ were rented for an average $1,092 per month during this period. This is 0.95% of the average purchase price of $115,000.
  • 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 Potential

  • Between January 2012 and January 2018 3 bedroom homes in Cincinnati appreciated by 16% versus 41% nationally.
  • Although Cincinnati is appreciating more slowly than other U.S. markets, real estate values have been rising consistently year after 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 Rents are Rising

  • Between January 2012 and January 2018 the median rent for 3 bedroom single family homes rose by over 15%, which is just under the national average of 17% for this period.
  • This shows us that Cincinnati rents are rising at a similar pace to other cities across America. This is good news for investors interested in increasing their monthly rental income.

Cincinnati Demand is Rising

  • Between 2010 and 2017 Cincinnati’s population grew by 3%. This is 42% less than the national population growth during this period.
  • In the last year, the Cincinnati metro has created 9,100 jobs. This is an annual growth rate of 0.83%. This is 52% lower than the national average.
  • This shows us that Cincinnati is experiencing both population and job growth. Although this growth isn’t as rapid as some other markets, it’s still growth. And growth, along with affordability (which Cincinnati definitely still offers), is a good sign of a strong real estate market.


Major Employers


News

  • "#2 City to Buy Home for Best Rental Return" - CNBC
  • "#5 in America's Most Affordable Cities" - Forbes
  • "#2 Best City to Build a Green Career" - Good Call
  • "#9 Best City to Raise a Family" - Forbes
  • "#10 Best City for Commuters" - Trulia
  • "#13 Best City for New Grads" - Good Call
  • "One of 15 US Cities’ Emerging Downtowns" - Forbes
  • "Steady Widespread Growth Continues" - Federal Reserve Bank of Cleveland

Learning Resources

Webinar

Aristotle Kumpis

August 10, 2018

[Webinar] Cash Flow Property in Cincinnati, Ohio

Ohio has been a great place for real estate investors looking for cash flowing properties. But what about equity growth? In recent years, Cincinnati h…

Read More
Webinar

Benjamin Smith

April 6, 2018

[Webinar] Cash-Flow & Appreciation in Cincinnati

In recent years, Cincinnati has become a popular destination for new and relocating corporate headquarters, including 10 Fortune 500 companies and 17…

Read More
  • 1
  • 2
  • 3
  • 4

Property Teams

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Pellentesque rutrum lorem vel nisi blandit lacinia. Proin eleifend ut leo id blandit. Mauris sagittis dolor nisl, eget imperdiet tortor porttitor id. Aliquam eu quam nibh. Nunc venenatis lobortis semper. In facilisis libero at sem venenatis, nec scelerisque tellus egestas. Aenean fermentum nisi eu risus convallis congue. Mauris sem metus, luctus eget fermentum molestie, euismod non tellus. Proin at consectetur purus.

SCHEDULE STRATEGY SESSION TO VIEW PROPERTY TEAM DETAILS
Already had a Strategy Session? Visit the Investor Portal

Sample Properties

SCHEDULE STRATEGY SESSION TO VIEW SAMPLE PROPERTY PRO FORMAS
Already had a Strategy Session? Visit the Investor Portal

Member Relations


Mariah Ferries

Member Relations
 mariah@realwealthnetwork.com
  (925) 280-2830
  (888) 796-3896

15 Min New Member Call

With a 5 year background in providing excellent customer service experiences, Mariah brings her skill and passion to Real Wealth Network as your member concierge. When she isn’t working to help meet your needs with RWN, you’ll likely find Mariah consumed in a good book, finding the next trail to run, or spending time with her friends and family.


Footer

As seen on:



2003

Established


39,120

Number of Members


$573M

Total Value of Assets Acquired by RWN Members


642

Free Educational Webinars Produced

Inc. 5000

RealWealth Network recognized on the Inc. 5000 list of America’s Fastest Growing Companies...for the 3rd year in a row! Read The Full Article

RealWealth Foundation

We donate 100% of all RealWealth Investor Academy membership dues & 10% of all profits earned through real estate transactions. $316,800 dollars donated and counting. Learn More

Invest

  • Best Markets
  • Properties
  • Group Investments

Learn

  • Webinars
  • Live Events

Read & Listen

  • Retire Rich with Rentals
  • The RealWealth Show Podcast
  • Real Estate News For Investors Podcast

Company

  • Purpose
  • Team
  • Press Kit

Get In Touch | 888-RW-NETWORK | 26666 Seagull Way, Suite C201 Malibu, CA 90265 | CA Broker license # 01860365 | Privacy Policy | Terms of Use

Real Wealth Network, LLC is an educational company and is not acting as a real estate broker. Always seek the services of licensed third party appraisers and inspectors to verify the value and condition of any property you intend to purchase. Never send funds directly to a seller but instead, use the services of professional title and escrow companies.

Check in with Real Wealth Network before purchasing property to verify that affiliates and markets have not changed in quality or performance. Real Wealth Network does not provide legal, tax, accounting, or other professional advice. Nothing on this website email is intended to form a contract or binding legal commitment.

All content herein is the Copyright © 2019 Real Wealth Network, LLC · Log in
/* ----------------------------------------- */ /* View slug: best-market-learn-resources - start */ /* ----------------------------------------- */ .nav-next, .nav-previous { background-color: transparent !important; } /* ----------------------------------------- */ /* View slug: best-market-learn-resources - end */ /* ----------------------------------------- */
/* ----------------------------------------- */ /* Content Template: Template for Header - start */ /* ----------------------------------------- */ .element-container h3 { font-size: 3rem; font-family: 'Montserrat', sans-serif; text-align: center; } #header-element .ssba { position: relative !important; } #header-element .ssba div { text-align: center !important; } /* ----------------------------------------- */ /* Content Template: Template for Header - end */ /* ----------------------------------------- */ /* ----------------------------------------- */ /* Content Template: Loop item in Member Concierge NO IC Selected Compact View - start */ /* ----------------------------------------- */ .button-jumbotron { background: #2469A0; border-radius: 0 !important; color: #ffffff; text-align: center; padding-top: 55px; padding-bottom: 55px; margin-bottom: 0; text-decoration: none; } .button-jumbotron a { color: #ffffff; font-size: 1.8rem; letter-spacing: 1px; line-height: 1; font-family: 'Roboto Condensed',sans-serif; text-transform: uppercase; white-space: normal; text-decoration: none; } .button-jumbotron:hover { background-color: #333; } @media only screen and (min-width:991px) { .counselor-conatiner { height: 142px; } } @media only screen and (max-width:991px) { } .counselor-photo { max-width: 142px; } /* ----------------------------------------- */ /* Content Template: Loop item in Member Concierge NO IC Selected Compact View - end */ /* ----------------------------------------- */