How much is a home worth in ZIP code 45239?

The typical home in 45239 is worth $210,427, based on the Zillow Home Value Index.

Are home values rising in 45239?

Home values in 45239 are up 2.9% over the past year, and up 6.2% a year over five years.

What is the typical rent in 45239?

A typical home in 45239 rents for about $1,363 a month, a gross rental yield of 7.8%.

What is the property tax rate in 45239?

The effective property tax rate in 45239 is 1.4% — roughly $2,911 a year on a typical home.

ZIP code 45239 has a population of 29,607 and a median household income of $60,324.

HousingHandbookReference data

…

U.S. ZIP Code · OH45239

Hamilton County · Cincinnati, OH-KY-IN

Typical home value

$210,427^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.9%
5-year / yr: +6.2%
10-year / yr: +8.7%

Relative price

vs U.S.: -25.9%
vs metro: -25.9%
vs state: -3.8%

Price history

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

The typical home in 45239 is worth $210,427 — 25.9% below the Cincinnati, OH-KY-IN median. Over the past year, values have risen 2.9%. Homes here rent for a typical $1,363 a month — a 7.8% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent: $1,363^[2]
Gross yield: 7.8%^[2]
Cap rate: 4.7%^[2]

#Property tax

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

Effective tax rate: 1.4%^[3]
Typical annual tax: $2,911^[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: 29,607^[3]
Median household income: $60,324^[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: 8
Elementary: 4
Middle: 2
High: 1

Struble Elementary School
Elementary · Grades K–5 · Northwest Local
807 students
White Oak Middle School
Middle · Grades 6–8 · Northwest Local
722 students
Mt. Airy School
Elementary · Grades PK–6 · Cincinnati Public Schools
561 students
North College Hill Elementary School
Elementary · Grades PK–4 · North College Hill City
476 students
North College Hill Middle School
Middle · Grades 5–8 · North College Hill City
443 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 yield7.8%

Net yield (after ~40% expenses)4.7%

Annual rent$16,351

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$1,064

Loan principal$168,342

Down payment$42,085

Total interest paid$214,711

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 ratio1.09

Monthly cost to own$1,481

Monthly rent$1,363

Owning and renting are roughly even.

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: 68th percentile^[1]
Rental yield: 81st percentile^[2]
Property tax: 74th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45239?: The typical home in 45239 is worth $210,427, based on the Zillow Home Value Index.
Are home values rising in 45239?: Home values in 45239 are up 2.9% over the past year, and up 6.2% a year over five years.
What is the typical rent in 45239?: A typical home in 45239 rents for about $1,363 a month, a gross rental yield of 7.8%.
What is the property tax rate in 45239?: The effective property tax rate in 45239 is 1.4% — roughly $2,911 a year on a typical home.
Who lives in 45239?: ZIP code 45239 has a population of 29,607 and a median household income of $60,324.

#Comparable ZIPs

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

45062 vs 45239 →
Seven Mile, OH
Typical home
$210,237
Gross yield
—
41040 vs 45239 →
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%
41016
Ludlow, KY
Typical home
$206,074
Gross yield
—
45224
Cincinnati, OH
Typical home
$215,011
Gross yield
7.1%

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Pit ZIP 45239 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OH45239

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