The Real Estate Market in Cincinnati Remains Steady in 2016

The real estate market in Cincinnati is relatively unchanged. The biggest decrease in interest occurred in November when the interest rate was raised, but the effect was minimal. 2015 seen a drop in median home sales, but the city enjoyed a steady stream of people viewing Cincinnati listings, according to Trulia. Currently, home prices are averaging $125,000 per year. Even the median rent price is hovering at $1,000 per month. These prices are one of the biggest reasons why interest is still high in urban residences. WCPO Channel 9, says that they have calculated increases in homes sales in Southern Ohio at nearly 12 percent for the first nine months in 2015.

Great schools

Around half of the schools in and around the Cincinnati are rated at 10 out of 10. Most of the remaining schools are rated as average. There are very few below average schools in Cincinnati. Trulia also tells us that more than 24 percent of the residents in Cincinnati has a college degree. This means that there are many opportunities for students who move to the “Queen City” as it is often called. U.S. News ranked Walnut Hills High School number one and Indian Hill High School number two high schools in the entire state of Ohio. Mariemont High School was number ten on the same list.

Exquisite dining

There are dozens of restaurants in Cincinnati. The diverse mix of cultures and meal options provide a variety that is often only seen in places like New York City or London. Handmade pastries, locally sourced produce, organic meats and dairy options allow chefs to create incredibly fresh meals that are never lacking in flavor. Try delectable tender ribs from the Montgomery Inn at the Boathouse on the Ohio River, enjoy a five-way topped with the famous Skyline Chili, and Jeff Ruby’s Steakhouse is the place to go when you have something to celebrate.

World-class entertainment

Cincinnati has become a mecca for the arts, music, and craft beer scene in recent years. Bockfest is one of the biggest celebrations of handmade alcohol with a parade that kicks off the festivities, says the Cincinnati Enquirer. Hundreds of famous singers visit Riverbend over the years. The Carnegie hosts dozens of events for art lovers. Singers like Barry Manilow, Marilyn Manson, Tom Petty and the Heartbreakers, and Sir Elton John have visited the city and performed for fans.

Sports

Football lovers often stay for a Bengals game when they play at home in the fall months. The Cincinnati Reds draw large crowds of visitors since they are the oldest team in Major League Baseball. Nippert Stadium is now home to the Futbol Club Cincinnati, a Major League Soccer team. Famous Cincinnati resident Carl Lindner had an enormous part in bringing soccer back to the city.

Events and festivals

Oktoberfest ZinZinnati is one of the biggest events in the city. Thousands flock to the downtown streets to sample traditional German Bratwurst, drink the ales, and watch the Annual Running of the Wieners. Every Fourth of July, the Ohio River lights up with the sparks of fireworks put on by the infamous Rozzi Brothers. A Taste of Cincinnati is the longest annual culinary festival that has free admission. It has been going on for almost four decades.

The real estate market in Cincinnati provides people plenty of access to premium amenities, gyms, recreational facilities, professional sports, art, music, food, culture, and so much more. The recent rebuilding of the city has peaked interest from all over the world. Homes are being snatched up as fast as they hit the market and look to continue the trend for 2016.

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