Metropolitan Statistical Area (MSA):
Cincinnati, OH-KY-IN is a Metropolitan Statistical Area (MSA) comprising counties including .
There is no one answer for real estate trends in the Cincinnati, OH-KY-IN metropolitan statistical area (MSA). The MSA is made up of many different counties and each county has its own housing market. However, there are some general trends that can be observed in the MSA as a whole.
One trend that can be observed is that the average home price in the MSA has been increasing over the past few years. In 2016, the average home price was $156,000 and in 2019, it had increased to $169,000. This trend is likely due to a combination of factors such as population growth and low interest rates.
Another trend that can be observed is that the number of homes being sold in the MSA has been increasing steadily since 2016. In 2016, there were 22,857 homes sold and in 2019, there were 26,037 homes sold. This trend could be due to population growth or people feeling more confident about their finances and making a larger investment such as buying a home.