Cincinnati, OH Foreclosed Homes & Properties

Foreclosure Homes for Sale in Cincinnati, OH: Everything You Need to Know

There are 303,940 residents in the city of Cincinnati, OH, with 12,722 of them being veterans. Only 12.2% of the populous is over the age of 65, and 21.9% are under the age of 18. The city consists of 50.3% Whites, 42.7% Blacks, 3.7% Latinos, and 2% Asians amongst other races.  

There are 137,281 households with 2.09 persons per house. 36% have received a bachelor's degree, and 88% of students graduate high school. The average household income is $38,542.

Schools in Cincinnati  

There are 54 schools in the Cincinnati Public School K-12 district. In Cincinnati, schools are rated by GreatSchools.org based on academic performance, student progress, and test score ratings, amongst other factors. Only 9% of schools in this district scored an “above average” rating, and another 9% scored a rating of “average.” The large number of schools falling “below average” in school quality as compared to the rest of the state is a worrisome sign. 

The top-rated Cincinnati Public Schools are Evanston Academy Elementary School (9/10) and Hyde Park High School (7/10). For higher quality education, you may want to consider these highly rated private schools grades K-12: The Seven Hills School, Cincinnati Country Day School, and The Schilling School for Gifted Children. The University of Cincinnati (Public) and the Art Academy of Cincinnati (Private) are 4-year colleges located within the city.   

Cincinnati’s Weather and Climate

Cincinnati has a warm and temperate climate. Residents will experience significant amounts of rainfall throughout the year, averaging a total of 41.4 inches. The median annual temperature is 53.6°F. 

This city borders the humid subtropical climate zone, meaning that humidity levels are high, and summers are hot and muggy. Temperatures reach highs of 90°F. Winters are cold, and the average temperature lows can drop to 30°F. About 22 inches of snow falls each cold season.  Ohio is prone to severe thunderstorms during the warmer season. Although infrequent, tornadoes may be seen from time to time.

Cincinnati Real Estate: Housing Availability  

Cincinnati is home to some stunning architecture. Noteworthy buildings are the Carew Tower, a great example of Art-Deco, the Cincinnati Music hall, the oldest and largest performing hall in the US with German Gothic architecture, and the gorgeous John A. Roebling Suspension Bridge built in 1866 over the Ohio River. 

Residential architecture is rich in history, with homes dating back to 1804. The best neighborhoods to live in are Hyde Park, Oakley, and East Walnut Hills. 

The median sales price for a home is $172,500, with a mortgage of $1,295. Owner-occupied housing is only 38% of the population as the majority of people rent their residence. The average monthly rent for a one-bedroom apartment in the city can range from $786 to $1,257 based on location. In the City Center rent is more expensive. For more affordable housing, you will need to look on the outskirts of the City Center. Popular apartment complexes include The Lofts at Shillito Place, Indian Creek Apartments, and 65 West.