How much is a home worth in ZIP code 45224?

The typical home in 45224 is worth $215,011, based on the Zillow Home Value Index.

Are home values rising in 45224?

Home values in 45224 are up 0.4% over the past year, and up 5.4% a year over five years.

What is the typical rent in 45224?

A typical home in 45224 rents for about $1,267 a month, a gross rental yield of 7.1%.

What is the property tax rate in 45224?

The effective property tax rate in 45224 is 1.5% — roughly $3,297 a year on a typical home.

ZIP code 45224 has a population of 21,900 and a median household income of $56,471.

HousingHandbookReference data

…

U.S. ZIP Code · OH45224

Hamilton County · Cincinnati, OH-KY-IN

Typical home value

$215,011^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.4%
5-year / yr: +5.4%
10-year / yr: +8.3%

Relative price

vs U.S.: -24.3%
vs metro: -24.3%
vs state: -1.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 45224 is worth $215,011 — 24.3% below the Cincinnati, OH-KY-IN median. Over the past year, values have risen 0.4%. Homes here rent for a typical $1,267 a month — a 7.1% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,267^[2]
Gross yield: 7.1%^[2]
Cap rate: 4.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.5%^[3]
Typical annual tax: $3,297^[3]

#Climate risk

FEMA National Risk Index ratings for Hamilton County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 21,900^[3]
Median household income: $56,471^[3]

#Migration

Household moves in and out of Hamilton County over a year, from IRS tax-return data.

Net migration: -1,903^[5]
Moved in: 18,761
Moved out: 20,664

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 3
Middle: 0
High: 2

Aiken New Tech High School
High · Grades 6–12 · Cincinnati Public Schools
1,195 students
College Hill Fundamental Academy
Elementary · Grades PK–6 · Cincinnati Public Schools
433 students
Pleasant Hill Academy
Elementary · Grades PK–7 · Cincinnati Public Schools
412 students
Elevated Excellence Academy
Elementary · Grades K–8 · Elevated Excellence Academy
61 students
Rising Stars at Aiken New Tech/College Hill
Prekindergarten · Grades PK · Cincinnati Public Schools
47 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.1%

Net yield (after ~40% expenses)4.2%

Annual rent$15,200

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,087

Loan principal$172,008

Down payment$43,002

Total interest paid$219,387

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.22

Monthly cost to own$1,541

Monthly rent$1,267

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 42nd percentile^[1]
Rental yield: 68th percentile^[2]
Property tax: 84th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45224?: The typical home in 45224 is worth $215,011, based on the Zillow Home Value Index.
Are home values rising in 45224?: Home values in 45224 are up 0.4% over the past year, and up 5.4% a year over five years.
What is the typical rent in 45224?: A typical home in 45224 rents for about $1,267 a month, a gross rental yield of 7.1%.
What is the property tax rate in 45224?: The effective property tax rate in 45224 is 1.5% — roughly $3,297 a year on a typical home.
Who lives in 45224?: ZIP code 45224 has a population of 21,900 and a median household income of $56,471.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

45231 vs 45224 →
New Burlington CDP, OH
Typical home
$218,095
Gross yield
9.2%
45239 vs 45224 →
White Oak CDP, OH
Typical home
$210,427
Gross yield
7.8%
45062
Seven Mile, OH
Typical home
$210,237
Gross yield
—
41040
Falmouth, KY
Typical home
$210,061
Gross yield
—
45160
Owensville, OH
Typical home
$208,985
Gross yield
—
45217
St. Bernard, OH
Typical home
$208,530
Gross yield
6.6%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 45224 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH45224

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