Lower Price Hill, Cincinnati, OH—45204
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lower Price Hill, Cincinnati, OH
As of Oct '25, the median home price in Lower Price Hill, Cincinnati, OH is $113,000, with a year-over-year change of -5.1%. This indicates that home prices in Lower Price Hill, Cincinnati, OH are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $113,000 | -5.2% |
| Single Family | $109,000 | -4.4% |
| Condos | $131,000 | 0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $100,000 | 0.0% |
2 Bed | $105,000 | -4.5% |
3 Bed | $123,000 | -2.4% |
4 Bed | $144,000 | -4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lower Price Hill, Cincinnati, OH
As of July '25, Rentcast reports the average rent in Lower Price Hill, Cincinnati, OH is $1,350, with a year-over-year rent change of -9.4%. Per bedroom, the median rent as of July '25 in Lower Price Hill, Cincinnati, OH is 1-bedrooms: $875, 2-bedrooms: $1,440, 3-bedrooms: $1,670, 4-bedrooms: $1,520. The most common rental property sizes in Lower Price Hill, Cincinnati, OH are 2-bedroom and 1-bedroom, accounting for 40.6% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $895 | $875 |
| 2 Bed Rent | $1,280 | $1,440 |
| 3 Bed Rent | $1,600 | $1,670 |
| 4 Bed Rent | $1,600 | $1,520 |
% of Rental Stock
Property Listings — Lower Price Hill, Cincinnati, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Lower Price Hill, Cincinnati, OH is 65. This is a increase of 18.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $160,000 | 10.0% |
Listing Count | 27 | 4.0% |
| Listings as % of Homes | 0.9% | 4.0% |
Days on Market | 65 | 18.0% |
Demographics — Lower Price Hill, Cincinnati, OH
As of the latest ACS Survey released in 2023, Lower Price Hill, Cincinnati, OH has a population of 7,710, which has increased by 33.6% over the past 5 years. Lower Price Hill, Cincinnati, OH is a popular place for families, as children make up 34.4% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,710 | 33.6% |
% Under 18 | 34.4% | 60.7% |
% Seniors | 10.1% | -14.4% |
% WFH | 7.1% | 77.5% |
% w/ College Degree | 21.0% | 10.5% |
As of the latest ACS Survey released in 2023, Lower Price Hill, Cincinnati, OH is a predominantly white area, with 43.8% of the population identifying as white. The white population has shrunk by 28.7% in the last 5 years. The second most common race or ethnicity in Lower Price Hill, Cincinnati, OH is black, making up 41.9% of the population. Foreign-born residents account for 2.7% of the population in Lower Price Hill, Cincinnati, OH, and this percentage has decreased by 35.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 43.8% | -28.7% |
% Black | 41.9% | 50.7% |
% Hispanic | 2.0% | -25.9% |
% Asian | 0.6% | -71.4% |
% Foreign Born | 2.7% | -35.7% |
Mortgage and Risk — Lower Price Hill, Cincinnati, OH
According to HUD data as of 2023, there were 32 mortgage originations in Lower Price Hill, Cincinnati, OH, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Lower Price Hill, Cincinnati, OH. Investor activity is high, as 16.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 32 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 16.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Lower Price Hill, Cincinnati, OH
As of 2024, the percent of homes in Lower Price Hill, Cincinnati, OH under the Section 8 program is 25.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lower Price Hill, Cincinnati, OH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 485 |
Total Units Section 8 | 474 |
% Rentals under Section 8 | 25.9% |
% Occupied Section 8 | 87.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$65 | $895 | $830 |
| 2 Bedroom | -$200 | $1,280 | $1,080 |
| 3 Bedroom | -$170 | $1,600 | $1,430 |
| 4 Bedroom | -$10 | $1,600 | $1,590 |
Affordability — Lower Price Hill, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $113,000 |
| Median Household Income | $30,600 |