Hyde Park, Cincinnati, OH—45208
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hyde Park, Cincinnati, OH
As of Oct '25, the median home price in Hyde Park, Cincinnati, OH is $594,000, with a year-over-year change of 4.2%. This indicates that home prices in Hyde Park, Cincinnati, OH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $594,000 | 4.2% |
| Single Family | $672,000 | 5.0% |
| Condos | $301,000 | 2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $179,000 | 1.7% |
2 Bed | $334,000 | 3.1% |
3 Bed | $537,000 | 3.9% |
4 Bed | $858,000 | 5.0% |
| 5 Bed | $1,225,000 | 4.9% |
% of Housing Stock
Rental Trends — Hyde Park, Cincinnati, OH
As of July '25, Rentcast reports the average rent in Hyde Park, Cincinnati, OH is $1,740, with a year-over-year rent change of 12.3%. Per bedroom, the median rent as of July '25 in Hyde Park, Cincinnati, OH is studios: $1,050, 1-bedrooms: $1,160, 2-bedrooms: $1,950, 3-bedrooms: $2,820, 4-bedrooms: $2,400. The most common rental property sizes in Hyde Park, Cincinnati, OH are 1-bedroom and 2-bedroom, accounting for 43.9% and 40.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,740 |
| Studio Rent | $999 | $1,050 |
| 1 Bed Rent | $1,150 | $1,160 |
| 2 Bed Rent | $1,780 | $1,950 |
| 3 Bed Rent | $2,600 | $2,820 |
| 4 Bed Rent | $2,100 | $2,400 |
% of Rental Stock
Property Listings — Hyde Park, Cincinnati, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Hyde Park, Cincinnati, OH is 30. This is a decrease of -28.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $524,000 | -12.0% |
Listing Count | 73 | 3.0% |
| Listings as % of Homes | 0.6% | 3.0% |
Days on Market | 30 | -28.0% |
Demographics — Hyde Park, Cincinnati, OH
As of the latest ACS Survey released in 2023, Hyde Park, Cincinnati, OH has a population of 17,900, which has decreased by -3.5% over the past 5 years. Hyde Park, Cincinnati, OH is a moderately popular place for families, as children make up 20.1% of the population. The area has a highly educated workforce, with 83.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,900 | -3.5% |
% Under 18 | 20.1% | -1.0% |
% Seniors | 16.9% | 19.0% |
% WFH | 20.5% | 99.0% |
% w/ College Degree | 83.0% | 3.0% |
As of the latest ACS Survey released in 2023, Hyde Park, Cincinnati, OH is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Hyde Park, Cincinnati, OH is hispanic, making up 5.3% of the population. Foreign-born residents account for 6.3% of the population in Hyde Park, Cincinnati, OH, and this percentage has increased by 37.0% 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 | 82.6% | -4.4% |
% Black | 4.0% | -21.6% |
% Hispanic | 5.3% | 51.4% |
% Asian | 5.2% | 52.9% |
% Foreign Born | 6.3% | 37.0% |
Mortgage and Risk — Hyde Park, Cincinnati, OH
According to HUD data as of 2023, there were 343 mortgage originations in Hyde Park, Cincinnati, OH, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Hyde Park, Cincinnati, OH. Investor activity is low, as 2.0% 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 | 343 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Hyde Park, Cincinnati, OH
As of 2024, the percent of homes in Hyde Park, Cincinnati, OH under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Hyde Park, Cincinnati, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 67 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $1,150 | $1,230 |
| 2 Bedroom | -$190 | $1,780 | $1,590 |
| 3 Bedroom | -$490 | $2,600 | $2,110 |
| 4 Bedroom | $230 | $2,100 | $2,330 |
Affordability — Hyde Park, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $594,000 |
| Median Household Income | $133,000 |