Spring Grove Village, Cincinnati, OH—45232
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spring Grove Village, Cincinnati, OH
As of Oct '25, the median home price in Spring Grove Village, Cincinnati, OH is $167,000, with a year-over-year change of 0.7%. This indicates that home prices in Spring Grove Village, 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 | $167,000 | 0.7% |
| Single Family | $167,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $147,000 | 2.1% |
3 Bed | $167,000 | 3.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Spring Grove Village, Cincinnati, OH
As of July '25, Rentcast reports the average rent in Spring Grove Village, Cincinnati, OH is $886, with a year-over-year rent change of -43.2%. Per bedroom, the median rent as of July '25 in Spring Grove Village, Cincinnati, OH is studios: $725, 1-bedrooms: $856, 3-bedrooms: $1,650. The most common rental property sizes in Spring Grove Village, Cincinnati, OH are 1-bedroom and 2-bedroom, accounting for 31.8% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $886 |
| Studio Rent | $725 | $725 |
| 1 Bed Rent | $825 | $856 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,650 | $1,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Spring Grove Village, Cincinnati, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Spring Grove Village, Cincinnati, OH is 57. This is a decrease of -80.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $185,000 | -27.0% |
Listing Count | 12 | 367.0% |
| Listings as % of Homes | 0.1% | 367.0% |
Days on Market | 57 | -80.0% |
Demographics — Spring Grove Village, Cincinnati, OH
As of the latest ACS Survey released in 2023, Spring Grove Village, Cincinnati, OH has a population of 7,260, which has increased by 6.0% over the past 5 years. Spring Grove Village, Cincinnati, OH is a popular place for families, as children make up 37.2% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,260 | 6.0% |
% Under 18 | 37.2% | -15.5% |
% Seniors | 5.0% | 8.7% |
% WFH | 6.5% | 51.2% |
% w/ College Degree | 15.0% | -8.0% |
As of the latest ACS Survey released in 2023, Spring Grove Village, Cincinnati, OH is a predominantly black area, with 66.9% of the population identifying as black. The black population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in Spring Grove Village, Cincinnati, OH is white, making up 18.8% of the population. Foreign-born residents account for 2.2% of the population in Spring Grove Village, Cincinnati, OH, and this percentage has decreased by 12.0% 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 | 18.8% | 16.0% |
% Black | 66.9% | -12.3% |
% Hispanic | 6.3% | 5.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.2% | -12.0% |
Mortgage and Risk — Spring Grove Village, Cincinnati, OH
According to HUD data as of 2023, there were 34 mortgage originations in Spring Grove Village, Cincinnati, OH, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Spring Grove Village, Cincinnati, OH. Investor activity is low, as 12.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Spring Grove Village, Cincinnati, OH
Spring Grove Village, Cincinnati, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,469 |
Total Units Section 8 | 203 |
% Rentals under Section 8 | 8.5% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $5 | $825 | $830 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | -$220 | $1,650 | $1,430 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Spring Grove Village, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $167,000 |
| Median Household Income | $25,200 |