Cincinnati, OH

Population: 297,517
Average annual home appreciation rate: 4.34%
Total of homes for sale in this market: 1,535
Median home price: $125,928
Median Rent: $725 per room
Home price range: 38.07% of homes are between $102,001 – $204,000
Median sales price: $50,250
Number of homes: 3,687
Median foreclosure sales price: $48,000
Foreclosure discount: 4%
Most common home type: 38.22% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 19.88%
Number of renters: 61.98%
Number of owner occupied: 38.02%
Number people living below poverty level: 30.39%
Unemployment rate: 4.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Cincinnati area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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