Limited inventory and price cuts shape Cincinnati's housing market

"The Cincinnati-Middletown metro area absorbed 427 homes in the week ending Nov. 29, 2025, outpacing new inventory additions of 347 listings as 41.8% of active properties reduced asking prices. The Ohio metro maintained just 2.3 months of supply, tighter than the national average of 2.8 months, while operating in seller-favorable conditions. Cincinnati's median list price of $359,900 exceeded Ohio's statewide median of $279,000 by 29%, yet the metro achieved faster inventory turnover through strategic price positioning."

"The market's price per square foot reached $190, surpassing Ohio's $162 but remaining 10% below the national level of $210. Active listings totaled 3,636 single-family homes across the Cincinnati metro, with 41.8% featuring reduced prices compared to less than 1% showing increases at 0.8%. The median days on market held at 49 days, matching Ohio's state level but beating the national median of 77 days by 28 days."

"The absorption rate of 427 homes weekly exceeded new listing activity, creating downward pressure on available inventory. Relisted properties comprised 13.8% of active listings, indicating sellers adjusting strategies to capture buyer interest in the competitive environment. Cincinnati's $359,900 median list price represented a significant premium over Ohio's broader market, where homes listed at a median $279,000. The price differential reflected the metro's stronger demand dynamics and tighter inventory conditions compared to statewide averages."

Cincinnati-Middletown metro absorbed 427 homes in the week ending Nov. 29, 2025, while 347 new listings were added. Active listings totaled 3,636 single-family homes, with 41.8% showing price reductions and 0.8% showing increases. The market had 2.3 months of supply, tighter than the national 2.8 months and slightly above Ohio's 2.1 months, sustaining seller-favorable conditions. Median list price was $359,900, 29% above Ohio's $279,000, and price per square foot reached $190 versus Ohio's $162 and the national $210. Median days on market were 49, beating the national median by 28 days, while relisted properties made up 13.8% of active listings.

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