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Vista At Tpc Rivers Bend
South Lebanon, OH 45065
Somerset Custom Homes, Inc.
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Market Snapshot
Cincinnati Housing Market Conditions
The construction industry seems to be the biggest loser in the current Cincinnati housing market, with new construction homes continuing to decline rapidly after builders posted record-breaking numbers in 2021. Housing starts are expected to soon fall to below pre-pandemic levels. It is not surprising, as Cincinnati's pandemic bounce-back has been slower than in other comparable areas across the country.
Although Cincinnati is experiencing continued job growth, the area job market is nowhere near where it should be. Experts are confident that Cincinnati will bounce back, though it will take longer than anyone had hoped. Cincinnati home prices are expected to rise throughout 2023 while sales will decline.
Despite this and the lack of new housing starts, sellers are currently doing well, and there are still many available new homes for sale in Cincinnati.
Things to Do in Cincinnati, OH
Cincinnati, Ohio, along the banks of the Ohio River, is a beautiful city known for its friendly, Midwestern vibe and safe communities, which continue to draw new residents to the city year after year. From family-friendly attractions like the Cincinnati Zoo and Botanical Gardens to Coney Island Park, you'll find plenty of opportunities to make family memories. Check out the Newport Aquarium or The Great American Baseball Park, and enjoy some time outdoors at Eden Park, Mount Airy Forest, Winton Woods Park, and Sawyer Point Park. In addition to being a family-friendly city, Cincinnati boasts a vibrant culture and is one of the best areas in Ohio for retirees. Cincinnati is full of amazing architecture, including landmarks like the Carew Tower, the Krohn Conservatory, and the Roebling Suspension Bridge. Other notable attractions include the Taft Museum of Art, the Cincinnati Museum of Art, and the American Sign Museum.
Industries in the Cincinnati Area
Cincinnati's core industries driving its strong economy and robust job market include biohealth, business & professional services, advanced manufacturing, and technology.
New homes in Cincinnati, OH can be found in communities surrounding the city, though there are a few located in downtown Cincinnati. You'll find many new communities in Independence, Kentucky, just south of Cincinnati on Route 17 and you'll also discover new developments in Union, Kentucky, southeast of the city.
School Districts in the Cincinnati Area
Moving to a new home often means a new school transition. There are excellent schools available with great learning environments conducive to student success. Forest Hills Local School District, Three Rivers Local School District, Northwest Local School District, Finneytown Local School District. and the Cincinnati City School District are some of the education choices you’re family will encounter full of dedicated staff.
Use NewHomeSource to explore the entire real estate market in Cincinnati. Your new dream home is just a click away.Want to Learn More About Cincinnati?
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Popular Housing Developments in Cincinnati, OH
Market Overview: New Homes in Cincinnati, OH
Here is a quick overview of new housing developments in the Cincinnati area and the new construction market for new build homes in Cincinnati:
| Market Name | Cincinnati |
| State Name | Ohio |
| Subdivisions | 215 |
| Homes Under Construction | 360 |
| Quick Move-in Homes | 423 |
| Floor Plans | 1,807 |
| Starting Price | $179,990 |
| Average Price | $469,910 |
| Price Per SqFt | $197 |
| New Home Builders | 40 |
| Leading Builders |
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