Kennedy Heights, Cincinnati, OH—45213
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kennedy Heights, Cincinnati, OH
As of Oct '25, the median home price in Kennedy Heights, Cincinnati, OH is $290,000, with a year-over-year change of 1.1%. This indicates that home prices in Kennedy Heights, Cincinnati, OH are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $290,000 | 1.1% |
| Single Family | $290,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $221,000 | -0.5% |
3 Bed | $307,000 | 1.7% |
4 Bed | $363,000 | 2.8% |
| 5 Bed | $520,000 | 4.4% |
% of Housing Stock
Rental Trends — Kennedy Heights, Cincinnati, OH
As of July '25, Rentcast reports the average rent in Kennedy Heights, Cincinnati, OH is $1,340, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Kennedy Heights, Cincinnati, OH is studios: $1,260, 1-bedrooms: $1,060, 2-bedrooms: $1,680, 3-bedrooms: $2,090, 4-bedrooms: $1,700. The most common rental property sizes in Kennedy Heights, Cincinnati, OH are 2-bedroom and 1-bedroom, accounting for 46.8% and 39.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,130 | $1,340 |
| Studio Rent | $975 | $1,260 |
| 1 Bed Rent | $1,080 | $1,060 |
| 2 Bed Rent | $1,380 | $1,680 |
| 3 Bed Rent | $2,000 | $2,090 |
| 4 Bed Rent | $1,700 | $1,700 |
% of Rental Stock
Property Listings — Kennedy Heights, Cincinnati, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Kennedy Heights, Cincinnati, OH is 20. This is a increase of 32.0% 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 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 | $358,000 | 11.0% |
Listing Count | 36 | 14.0% |
| Listings as % of Homes | 0.4% | 14.0% |
Days on Market | 20 | 32.0% |
Demographics — Kennedy Heights, Cincinnati, OH
As of the latest ACS Survey released in 2023, Kennedy Heights, Cincinnati, OH has a population of 11,300, which has decreased by -10.3% over the past 5 years. Kennedy Heights, Cincinnati, OH is a moderately popular place for families, as children make up 18.4% of the population. The area has a highly educated workforce, with 54.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,300 | -10.3% |
% Under 18 | 18.4% | -14.0% |
% Seniors | 16.7% | 7.7% |
% WFH | 17.3% | 394.3% |
% w/ College Degree | 54.7% | 29.0% |
As of the latest ACS Survey released in 2023, Kennedy Heights, Cincinnati, OH is a predominantly white area, with 60.2% of the population identifying as white. The white population has grown by 30.9% in the last 5 years. The second most common race or ethnicity in Kennedy Heights, Cincinnati, OH is black, making up 29.7% of the population. Foreign-born residents account for 3.1% of the population in Kennedy Heights, Cincinnati, OH, and this percentage has decreased by 26.2% 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 | 60.2% | 30.9% |
% Black | 29.7% | -36.5% |
% Hispanic | 2.0% | -63.0% |
% Asian | 1.8% | 350.0% |
% Foreign Born | 3.1% | -26.2% |
Mortgage and Risk — Kennedy Heights, Cincinnati, OH
According to HUD data as of 2023, there were 251 mortgage originations in Kennedy Heights, Cincinnati, OH, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Kennedy Heights, Cincinnati, OH. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 251 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Kennedy Heights, Cincinnati, OH
As of 2024, the percent of homes in Kennedy Heights, Cincinnati, OH under the Section 8 program is 8.0%. 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. In Kennedy Heights, 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 | 210 |
Total Units Section 8 | 169 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | 89.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,080 | $870 |
| 2 Bedroom | -$250 | $1,380 | $1,130 |
| 3 Bedroom | -$500 | $2,000 | $1,500 |
| 4 Bedroom | -$40 | $1,700 | $1,660 |
Affordability — Kennedy Heights, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $290,000 |
| Median Household Income | $70,900 |