Colerain Township, Cincinnati, OH—45251
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Colerain Township, Cincinnati, OH
Home Price Trends — Colerain Township, Cincinnati, OH
As of Nov '25, the median home price in Colerain Township, Cincinnati, OH is $216,000, with a year-over-year change of 0.8%. This indicates that home prices in Colerain Township, Cincinnati, OH are flat. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | 0.8% |
| Single Family | $228,000 | 1.8% |
| Condos | $154,000 | -4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $161,000 | -1.2% |
3 Bed | $207,000 | 2.0% |
4 Bed | $306,000 | 2.7% |
| 5 Bed | $355,158 | 0.6% |
% of Housing Stock
Rental Trends — Colerain Township, Cincinnati, OH
As of July '25, Rentcast reports the average rent in Colerain Township, Cincinnati, OH is $1,660, with a year-over-year rent change of 17.7%. Per bedroom, the median rent as of July '25 in Colerain Township, Cincinnati, OH is 1-bedrooms: $981, 2-bedrooms: $1,250, 3-bedrooms: $1,750, 4-bedrooms: $2,160. The most common rental property sizes in Colerain Township, Cincinnati, OH are 3-bedroom and 1-bedroom, accounting for 48.9% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,580 | $1,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $895 | $981 |
| 2 Bed Rent | $1,130 | $1,250 |
| 3 Bed Rent | $1,700 | $1,750 |
| 4 Bed Rent | $2,420 | $2,160 |
% of Rental Stock
Property Listings — Colerain Township, Cincinnati, OH
As of Nov '25, Realtor.com reports that the median days on market for a home in Colerain Township, Cincinnati, OH is 31. This is a decrease of -20.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $248,000 | 1.0% |
Listing Count | 81 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 31 | -20.0% |
Demographics — Colerain Township, Cincinnati, OH
As of the latest ACS Survey released in 2023, Colerain Township, Cincinnati, OH has a population of 20,600, which has decreased by -8.6% over the past 5 years. Colerain Township, Cincinnati, OH is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,600 | -8.6% |
% Under 18 | 23.2% | -2.1% |
% Seniors | 16.0% | 8.1% |
% WFH | 8.8% | 91.3% |
% w/ College Degree | 24.7% | 15.4% |
As of the latest ACS Survey released in 2023, Colerain Township, Cincinnati, OH is a predominantly white area, with 56.1% of the population identifying as white. The white population has shrunk by 18.0% in the last 5 years. The second most common race or ethnicity in Colerain Township, Cincinnati, OH is black, making up 33.6% of the population. Foreign-born residents account for 4.2% of the population in Colerain Township, Cincinnati, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.1% | -18.0% |
% Black | 33.6% | 41.2% |
% Hispanic | 3.2% | 100.0% |
% Asian | 2.3% | -20.7% |
% Foreign Born | 4.2% | 0.0% |
Mortgage and Risk — Colerain Township, Cincinnati, OH
According to HUD data as of 2023, there were 407 mortgage originations in Colerain Township, Cincinnati, OH, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Colerain Township, Cincinnati, OH. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 407 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Rentals and Section 8 — Colerain Township, Cincinnati, OH
As of 2024, the percent of homes in Colerain Township, Cincinnati, OH under the Section 8 program is 6.5%. 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 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Colerain Township, Cincinnati, OH, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 135 |
Total Units Section 8 | 121 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $305 | $895 | $1,200 |
| 2 Bedroom | $420 | $1,130 | $1,550 |
| 3 Bedroom | $360 | $1,700 | $2,060 |
| 4 Bedroom | -$150 | $2,420 | $2,270 |
Affordability — Colerain Township, Cincinnati, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $216,000 |
| Median Household Income | $75,600 |