Walnut Hills, Cincinnati, OH—45206
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Walnut Hills, Cincinnati, OH
As of Oct '25, the median home price in Walnut Hills, Cincinnati, OH is $254,000, with a year-over-year change of 0.2%. This indicates that home prices in Walnut Hills, Cincinnati, OH are flat. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $254,000 | 0.2% |
| Single Family | $265,000 | -2.2% |
| Condos | $241,000 | 1.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $149,000 | 0.0% |
2 Bed | $244,000 | 0.0% |
3 Bed | $319,000 | 1.3% |
4 Bed | $348,000 | -1.4% |
| 5 Bed | $590,000 | 0.7% |
% of Housing Stock
Rental Trends — Walnut Hills, Cincinnati, OH
As of July '25, Rentcast reports the average rent in Walnut Hills, Cincinnati, OH is $1,380, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in Walnut Hills, Cincinnati, OH is studios: $837, 1-bedrooms: $1,290, 2-bedrooms: $1,440, 3-bedrooms: $2,080, 4-bedrooms: $2,150. The most common rental property sizes in Walnut Hills, Cincinnati, OH are 1-bedroom and 2-bedroom, accounting for 55.5% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,280 | $1,380 |
| Studio Rent | $715 | $837 |
| 1 Bed Rent | $1,200 | $1,290 |
| 2 Bed Rent | $1,400 | $1,440 |
| 3 Bed Rent | $1,950 | $2,080 |
| 4 Bed Rent | $2,100 | $2,150 |
% of Rental Stock
Property Listings — Walnut Hills, Cincinnati, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Walnut Hills, Cincinnati, OH is 41. This is a increase of 17.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $364,000 | -4.0% |
Listing Count | 71 | 32.0% |
| Listings as % of Homes | 0.4% | 32.0% |
Days on Market | 41 | 17.0% |
Demographics — Walnut Hills, Cincinnati, OH
As of the latest ACS Survey released in 2023, Walnut Hills, Cincinnati, OH has a population of 10,400, which has decreased by -4.0% over the past 5 years. Walnut Hills, Cincinnati, OH is a less popular place for families, as children make up 12.2% of the population. The area has a highly educated workforce, with 49.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | -4.0% |
% Under 18 | 12.2% | -22.3% |
% Seniors | 19.4% | 25.2% |
% WFH | 17.1% | 200.0% |
% w/ College Degree | 49.3% | 19.4% |
As of the latest ACS Survey released in 2023, Walnut Hills, Cincinnati, OH is a predominantly white area, with 50.1% of the population identifying as white. The white population has grown by 27.8% in the last 5 years. The second most common race or ethnicity in Walnut Hills, Cincinnati, OH is black, making up 37.4% of the population. Foreign-born residents account for 3.6% of the population in Walnut Hills, Cincinnati, OH, and this percentage has increased by 24.1% 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 | 50.1% | 27.8% |
% Black | 37.4% | -27.9% |
% Hispanic | 3.5% | 29.6% |
% Asian | 3.5% | 84.2% |
% Foreign Born | 3.6% | 24.1% |
Mortgage and Risk — Walnut Hills, Cincinnati, OH
According to HUD data as of 2023, there were 147 mortgage originations in Walnut Hills, Cincinnati, OH, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Walnut Hills, Cincinnati, OH. Investor activity is low, as 10.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 147 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 10.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Walnut Hills, Cincinnati, OH
As of 2024, the percent of homes in Walnut Hills, Cincinnati, OH under the Section 8 program is 30.6%. 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 Walnut Hills, 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 | 1,505 |
Total Units Section 8 | 1,415 |
% Rentals under Section 8 | 30.6% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$340 | $1,200 | $860 |
| 2 Bedroom | -$280 | $1,400 | $1,120 |
| 3 Bedroom | -$460 | $1,950 | $1,490 |
| 4 Bedroom | -$460 | $2,100 | $1,640 |
Affordability — Walnut Hills, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $254,000 |
| Median Household Income | $51,100 |