Zillow names Cincinnati one of the hottest housing markets for 2024

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Cincinnati is poised for another year as a red-hot housing market, according to a new report from real estate company Zillow.

The report noted Cincinnati’s housing inventory is moving at a rapid pace, with the average of 11 days on market for homes. That’s 10 days quicker than the national average of 21.

Zillow’s current stats put the typical home value in the Cincinnati metro at $270,826. It estimated the monthly mortgage payment with a 5% downpayment at $1,959.

The typical monthly rent in Cincinnati is $1,527, according to Zillow.

Columbus and Cleveland also made the top 10, though Cincinnati ranked highest on the list. Columbus was right below Cincinnati as the third-hottest market in 2024, and Cleveland was No. 8.

https://www.bizjournals.com/cincinnati/news/2024/01/05/zillow-report-hottest-housing-markets-2024.html

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