Evanston, Cincinnati, OH—45207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Evanston, Cincinnati, OH
As of Nov '25, the median home price in Evanston, Cincinnati, OH is $207,000, with a year-over-year change of 2.9%. This indicates that home prices in Evanston, Cincinnati, OH are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $207,000 | 2.9% |
| Single Family | $208,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $169,000 | 4.3% |
3 Bed | $198,000 | 2.1% |
4 Bed | $227,000 | 3.2% |
| 5 Bed | $243,458 | 7.2% |
% of Housing Stock
Rental Trends — Evanston, Cincinnati, OH
As of July '25, Rentcast reports the average rent in Evanston, Cincinnati, OH is $1,620, with a year-over-year rent change of -12.4%. Per bedroom, the median rent as of July '25 in Evanston, Cincinnati, OH is studios: $798, 1-bedrooms: $1,020, 2-bedrooms: $1,240, 3-bedrooms: $2,040, 4-bedrooms: $1,980. The most common rental property sizes in Evanston, Cincinnati, OH are 2-bedroom and 1-bedroom, accounting for 42.8% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,620 |
| Studio Rent | $775 | $798 |
| 1 Bed Rent | $975 | $1,020 |
| 2 Bed Rent | $1,150 | $1,240 |
| 3 Bed Rent | $2,000 | $2,040 |
| 4 Bed Rent | $1,880 | $1,980 |
% of Rental Stock
Property Listings — Evanston, Cincinnati, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Evanston, Cincinnati, OH is 44. This is a increase of 9.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | 2.0% |
Listing Count | 57 | 15.0% |
| Listings as % of Homes | 0.9% | 15.0% |
Days on Market | 44 | 9.0% |
Demographics — Evanston, Cincinnati, OH
As of the latest ACS Survey released in 2023, Evanston, Cincinnati, OH has a population of 7,090, which has remained stable by -0.6% over the past 5 years. Evanston, Cincinnati, OH is a moderately popular place for families, as children make up 16.9% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,090 | -0.6% |
% Under 18 | 16.9% | -14.2% |
% Seniors | 11.5% | 7.5% |
% WFH | 8.9% | 27.1% |
% w/ College Degree | 26.4% | 54.4% |
As of the latest ACS Survey released in 2023, Evanston, Cincinnati, OH is a predominantly black area, with 50.6% of the population identifying as black. The black population has shrunk by 26.6% in the last 5 years. The second most common race or ethnicity in Evanston, Cincinnati, OH is white, making up 39.5% of the population. Foreign-born residents account for 7.9% of the population in Evanston, Cincinnati, OH, and this percentage has increased by 192.6% 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 | 39.5% | 56.1% |
% Black | 50.6% | -26.6% |
% Hispanic | 6.0% | 106.9% |
% Asian | 1.7% | 183.3% |
% Foreign Born | 7.9% | 192.6% |
Mortgage and Risk — Evanston, Cincinnati, OH
According to HUD data as of 2023, there were 114 mortgage originations in Evanston, Cincinnati, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Evanston, Cincinnati, OH. Investor activity is low, as 10.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 114 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Evanston, Cincinnati, OH
As of 2024, the percent of homes in Evanston, Cincinnati, OH under the Section 8 program is 33.8%. 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 Evanston, 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 | 357 |
Total Units Section 8 | 343 |
% Rentals under Section 8 | 33.8% |
% Occupied Section 8 | 88.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$115 | $975 | $860 |
| 2 Bedroom | -$40 | $1,150 | $1,110 |
| 3 Bedroom | -$530 | $2,000 | $1,470 |
| 4 Bedroom | -$250 | $1,880 | $1,630 |
Affordability — Evanston, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $207,000 |
| Median Household Income | $48,800 |