The story of this market
The typical home in ZIP 41059 sells for about $344,950, or $345 per square foot.
Prices are down 4.97% from a year ago, which gives buyers more room to negotiate. Homes take about 29 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $684 a month.
ZIP 41059 — Melbourne
The Cincinnati market is currently in a balanced phase with a 1.83-month supply of homes. While listing prices have seen a slight year-over-year decline, the market remains stable with active inventory increasing, providing more options for buyers.
Median prices moved down 5.0% year over year.
Homes spend a median of 29 days on market with 1.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 9.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 41059
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.