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Walnut Hills, Cincinnati, OH—45206

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$253,000
0.1% YoY Growth
Household Income
$51,100
43.4% YoY Growth
Days on Market
68
9.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$1,280
3.5% YoY Growth
1-Bed Rent
$1,200
11.2% YoY Growth
2-Bed Rent
$1,400
5.3% YoY Growth
3-Bed Rent
$1,950
2.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Walnut Hills, Cincinnati, OH

As of Dec '25, the median home price in Walnut Hills, Cincinnati, OH is $253,000, with a year-over-year change of -0.1%. This indicates that home prices in Walnut Hills, Cincinnati, OH are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$253,000-0.1%
Single Family $265,000-2.6%
Condos $238,0001.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $148,000
    -0.7%
    2 Bed
    		$242,000-0.4%
    3 Bed
    		$315,0001.0%
    4 Bed
    		$347,000-1.1%
    5 Bed $584,3561.0%
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    % of Housing Stock

    Studio
    6.5%
    1 Bedroom
    39.9%
    2 Bedrooms
    32.7%
    3 Bedrooms
    13.3%
    4 Bedrooms
    4.4%
    5+ Bedrooms
    3.1%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    8.5%
    1 Bedroom
    55.5%
    2 Bedrooms
    28.5%
    3 Bedrooms
    6.9%
    4 Bedrooms
    0.6%

    Property Listings — Walnut Hills, Cincinnati, OH

    As of Dec '25, Realtor.com reports that the median days on market for a home in Walnut Hills, Cincinnati, OH is 50. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$315,000-9.0%
    Listing Count
    		475.0%
    Listings as % of Homes0.4%5.0%
    Days on Market
    		68-9.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio4.7
    Median Home Price$253,000
    Median Household Income$51,100

    Walnut Hills, Cincinnati, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Evanston, Cincinnati, OH

    45207

    Over-the-Rhine, Cincinnati, OH

    45202

    Avondale, Cincinnati, OH

    45229

    Bellevue, KY

    41073

    University Heights, Cincinnati, OH

    45219

    Frequently Asked Questions