Avondale, Cincinnati, OH—45229
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Avondale, Cincinnati, OH
As of Oct '25, the median home price in Avondale, Cincinnati, OH is $235,000, with a year-over-year change of 0.0%. This indicates that home prices in Avondale, Cincinnati, OH are flat. 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 | $235,000 | 0.0% |
| Single Family | $248,000 | 0.8% |
| Condos | $163,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $148,000 | -5.7% |
3 Bed | $217,000 | 2.4% |
4 Bed | $300,000 | 4.2% |
| 5 Bed | $409,000 | 3.3% |
% of Housing Stock
Rental Trends — Avondale, Cincinnati, OH
As of July '25, Rentcast reports the average rent in Avondale, Cincinnati, OH is $1,290, with a year-over-year rent change of 13.2%. Per bedroom, the median rent as of July '25 in Avondale, Cincinnati, OH is 1-bedrooms: $909, 2-bedrooms: $1,240, 3-bedrooms: $1,630, 4-bedrooms: $2,880. The most common rental property sizes in Avondale, Cincinnati, OH are 1-bedroom and 2-bedroom, accounting for 36.7% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,020 | $1,290 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $909 |
| 2 Bed Rent | $1,100 | $1,240 |
| 3 Bed Rent | $1,500 | $1,630 |
| 4 Bed Rent | $1,800 | $2,880 |
% of Rental Stock
Property Listings — Avondale, Cincinnati, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Avondale, Cincinnati, OH is 44. This is a increase of 62.0% 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 | $424,000 | 51.0% |
Listing Count | 39 | 118.0% |
| Listings as % of Homes | 0.1% | 118.0% |
Days on Market | 44 | 62.0% |
Demographics — Avondale, Cincinnati, OH
As of the latest ACS Survey released in 2023, Avondale, Cincinnati, OH has a population of 14,000, which has increased by 7.0% over the past 5 years. Avondale, Cincinnati, OH is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 30.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,000 | 7.0% |
% Under 18 | 21.3% | -15.5% |
% Seniors | 19.5% | 42.3% |
% WFH | 11.7% | 95.0% |
% w/ College Degree | 30.8% | 26.7% |
As of the latest ACS Survey released in 2023, Avondale, Cincinnati, OH is a predominantly black area, with 65.1% of the population identifying as black. The black population has shrunk by 17.7% in the last 5 years. The second most common race or ethnicity in Avondale, Cincinnati, OH is white, making up 24.4% of the population. Foreign-born residents account for 4.6% of the population in Avondale, Cincinnati, OH, and this percentage has increased by 84.0% 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 | 24.4% | 43.5% |
% Black | 65.1% | -17.7% |
% Hispanic | 4.4% | 1,366.7% |
% Asian | 1.1% | 266.7% |
% Foreign Born | 4.6% | 84.0% |
Mortgage and Risk — Avondale, Cincinnati, OH
According to HUD data as of 2023, there were 137 mortgage originations in Avondale, Cincinnati, OH, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Avondale, Cincinnati, OH. Investor activity is low, as 8.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 137 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Avondale, Cincinnati, OH
As of 2024, the percent of homes in Avondale, 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. In Avondale, 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 | 2,054 |
Total Units Section 8 | 1,498 |
% Rentals under Section 8 | 30.7% |
% Occupied Section 8 | 88.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $850 | $830 |
| 2 Bedroom | -$20 | $1,100 | $1,080 |
| 3 Bedroom | -$70 | $1,500 | $1,430 |
| 4 Bedroom | -$210 | $1,800 | $1,590 |
Affordability — Avondale, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $235,000 |
| Median Household Income | $30,800 |