West Price Hill, Cincinnati, OH—45205
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Price Hill, Cincinnati, OH
As of Oct '25, the median home price in West Price Hill, Cincinnati, OH is $137,000, with a year-over-year change of -4.6%. This indicates that home prices in West Price Hill, Cincinnati, OH are decreasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $137,000 | -4.6% |
| Single Family | $137,000 | -4.2% |
| Condos | $132,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $94,000 | -5.1% |
2 Bed | $120,000 | -4.8% |
3 Bed | $142,000 | -4.7% |
4 Bed | $163,000 | -4.1% |
| 5 Bed | $169,000 | -2.3% |
% of Housing Stock
Rental Trends — West Price Hill, Cincinnati, OH
As of July '25, Rentcast reports the average rent in West Price Hill, Cincinnati, OH is $1,190, with a year-over-year rent change of 12.3%. Per bedroom, the median rent as of July '25 in West Price Hill, Cincinnati, OH is studios: $885, 1-bedrooms: $804, 2-bedrooms: $1,220, 3-bedrooms: $1,540, 4-bedrooms: $1,700. The most common rental property sizes in West Price Hill, Cincinnati, OH are 1-bedroom and 3-bedroom, accounting for 38.4% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,190 |
| Studio Rent | $885 | $885 |
| 1 Bed Rent | $795 | $804 |
| 2 Bed Rent | $1,200 | $1,220 |
| 3 Bed Rent | $1,500 | $1,540 |
| 4 Bed Rent | $1,750 | $1,700 |
% of Rental Stock
Property Listings — West Price Hill, Cincinnati, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in West Price Hill, Cincinnati, OH is 35. 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $158,000 | 4.0% |
Listing Count | 57 | -9.0% |
| Listings as % of Homes | 0.3% | -9.0% |
Days on Market | 35 | 18.0% |
Demographics — West Price Hill, Cincinnati, OH
As of the latest ACS Survey released in 2023, West Price Hill, Cincinnati, OH has a population of 18,600, which has remained stable by 0.4% over the past 5 years. West Price Hill, Cincinnati, OH is a popular place for families, as children make up 31.5% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,600 | 0.4% |
% Under 18 | 31.5% | -1.9% |
% Seniors | 12.5% | 60.3% |
% WFH | 7.4% | 289.5% |
% w/ College Degree | 16.8% | 5.0% |
As of the latest ACS Survey released in 2023, West Price Hill, Cincinnati, OH is a predominantly black area, with 43.2% of the population identifying as black. The black population has grown by 19.0% in the last 5 years. The second most common race or ethnicity in West Price Hill, Cincinnati, OH is white, making up 32.3% of the population. Foreign-born residents account for 9.4% of the population in West Price Hill, Cincinnati, OH, and this percentage has increased by 40.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.3% | -33.0% |
% Black | 43.2% | 19.0% |
% Hispanic | 16.2% | 76.1% |
% Asian | 1.8% | 350.0% |
% Foreign Born | 9.4% | 40.3% |
Mortgage and Risk — West Price Hill, Cincinnati, OH
According to HUD data as of 2023, there were 234 mortgage originations in West Price Hill, Cincinnati, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in West Price Hill, Cincinnati, OH. Investor activity is low, as 10.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 234 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — West Price Hill, Cincinnati, OH
As of 2024, the percent of homes in West Price Hill, Cincinnati, OH under the Section 8 program is 30.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in West Price Hill, Cincinnati, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,360 |
Total Units Section 8 | 1,319 |
% Rentals under Section 8 | 30.7% |
% Occupied Section 8 | 89.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $55 | $795 | $850 |
| 2 Bedroom | -$100 | $1,200 | $1,100 |
| 3 Bedroom | -$40 | $1,500 | $1,460 |
| 4 Bedroom | -$140 | $1,750 | $1,610 |
Affordability — West Price Hill, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $137,000 |
| Median Household Income | $41,400 |