Metro area index
Home appreciation in the Cincinnati, OH-KY-IN metro area
FHFA HPI® data shows the Cincinnati, OH-KY-IN metro area's all-transactions index changed +3.8% over the year to Q2 2026, versus +4.3% for Ohio and +3.0% for the U.S. That ranks 171st of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +3.8%
- 5-year change
- +49.9%
- Since Q1 1995
- +218%
- Metro rank (1 year)
- 171st
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Cincinnati, OH-KY-IN vs Ohio and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Cincinnati, OH-KY-IN: 318.4
- Ohio: 301.1
- United States: 391.6
Appreciation by time window
| Window | Metro | OH | U.S. | Gap vs OH | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.8% | +4.3% | +3.0% | −0.5 pts | +0.7 pts |
| 3 years | +17.0% | +18.3% | +12.9% | −1.3 pts | +4.2 pts |
| 5 years | +49.9% | +48.1% | +41.3% | +1.8 pts | +8.6 pts |
| 10 years | +106% | +103% | +93.3% | +3.2 pts | +12.4 pts |
| Since Q1 1995 | +218% | +201% | +292% | +17.3 pts | −73.2 pts |
3-digit ZIP regions in the Cincinnati, OH-KY-IN area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 452 · Cincinnati, OH area | OH | +3.3% | +48.0% | +220% | 100% |
| 450 · Hamilton, OH area | OH | +4.2% | +52.5% | +206% | 99% |
| 410 · Covington, KY area | KY | +4.5% | +49.0% | +229% | 86% |
| 451 · Wilmington, OH area | OH | +4.1% | +52.6% | +225% | 73% |
| 470 · Batesville, IN area | IN | +3.6% | +51.1% | +242% | 67% |
Boom, bust, and recovery in Cincinnati, OH-KY-IN area
Cincinnati, OH-KY-IN area's index peaked in Q1 2007, fell 11.0% to its low in Q4 2013, and regained its peak in Q1 2017, about 10 years after the top. Today it sits +102% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2007 | Q4 2013 | -11.0% | Q1 2017 (10 yrs) | +102% |
| OH | Q4 2005 | Q2 2012 | -12.9% | Q2 2017 (11.5 yrs) | +95.6% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Cincinnati, OH-KY-IN area's index has changed +43.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | OH after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -0.1% | +0.4% | -0.8% |
| 3 years | +9.8% | +6.6% | +7.7% | +2.8% |
| 5 years | +24.0% | +20.9% | +19.4% | +13.9% |
| 10 years | +39.1% | +48.0% | +45.7% | +39.0% |
| Since Q1 1995 | +121% | +43.8% | +36.0% | +76.8% |
If you bought in the Cincinnati, OH-KY-IN area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +214% | $941,307 |
| Q2 2000 | +153% | $759,362 |
| Q2 2005 | +107% | $622,020 |
| Q2 2010 | +118% | $652,713 |
| Q2 2015 | +114% | $642,223 |
| Q2 2020 | +67.4% | $502,050 |
| Q2 2021 | +49.9% | $449,710 |
| Q2 2023 | +17.0% | $351,018 |
| Q2 2025 | +3.8% | $311,304 |
Frequently asked questions
- How much have home prices risen in the Cincinnati, OH-KY-IN area?
- FHFA HPI® data for the Cincinnati, OH-KY-IN metro area shows changes of +3.8% over one year, +49.9% over five years, and +106% over ten years to Q2 2026, and +218% since Q1 1995.
- Is the Cincinnati, OH-KY-IN area beating the national average?
- Over the past year the metro's index moved +0.7 pts versus the U.S.; over five years the gap is +8.6 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.