How much is a home worth in ZIP code 45241?

The typical home in 45241 is worth $397,713, based on the Zillow Home Value Index.

Are home values rising in 45241?

Home values in 45241 are up 2.9% over the past year, and up 5.9% a year over five years.

What is the typical rent in 45241?

A typical home in 45241 rents for about $1,609 a month, a gross rental yield of 4.9%.

What is the property tax rate in 45241?

The effective property tax rate in 45241 is 1.3% — roughly $5,092 a year on a typical home.

ZIP code 45241 has a population of 23,955 and a median household income of $103,585.

HousingHandbookReference data

…

U.S. ZIP Code · OH45241

Hamilton County · Cincinnati, OH-KY-IN

Typical home value

$397,713^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.9%
5-year / yr: +5.9%
10-year / yr: +6.3%

Relative price

vs U.S.: +40.0%
vs metro: +40.1%
vs state: +81.9%

Price history

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

The typical home in 45241 is worth $397,713 — 40.1% above the Cincinnati, OH-KY-IN median. Over the past year, values have risen 2.9%. Homes here rent for a typical $1,609 a month — a 4.9% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent: $1,609^[2]
Gross yield: 4.9%^[2]
Cap rate: 2.9%^[2]

#Property tax

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

Effective tax rate: 1.3%^[3]
Typical annual tax: $5,092^[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: 23,955^[3]
Median household income: $103,585^[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: 3

Scarlet Oaks Cdc
High · Grades 11–12 · Great Oaks Career Campuses
926 students
Shawnee Early Childhood School
Elementary · Grades K–2 · Lakota Local
647 students
Sharonville Elementary School
Elementary · Grades K–5 · Princeton City
366 students
Princeton Innovation Center
High · Grades 8–12 · Princeton City
300 students
Evendale Elementary School
Elementary · Grades PK–5 · Princeton City
202 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 yield4.9%

Net yield (after ~40% expenses)2.9%

Annual rent$19,305

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$2,011

Loan principal$318,170

Down payment$79,543

Total interest paid$405,809

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 ratio1.72

Monthly cost to own$2,767

Monthly rent$1,609

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: 58th percentile^[1]
Rental yield: 20th percentile^[2]
Property tax: 65th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45241?: The typical home in 45241 is worth $397,713, based on the Zillow Home Value Index.
Are home values rising in 45241?: Home values in 45241 are up 2.9% over the past year, and up 5.9% a year over five years.
What is the typical rent in 45241?: A typical home in 45241 rents for about $1,609 a month, a gross rental yield of 4.9%.
What is the property tax rate in 45241?: The effective property tax rate in 45241 is 1.3% — roughly $5,092 a year on a typical home.
Who lives in 45241?: ZIP code 45241 has a population of 23,955 and a median household income of $103,585.

#Comparable ZIPs

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

45039 vs 45241 →
Landen CDP, OH
Typical home
$397,047
Gross yield
6.8%
45202 vs 45241 →
Cincinnati, OH
Typical home
$398,878
Gross yield
4.9%
45152
Morrow, OH
Typical home
$399,303
Gross yield
—
45209
Cincinnati, OH
Typical home
$405,818
Gross yield
4.6%
45036
Lebanon, OH
Typical home
$407,643
Gross yield
6.3%
47022
IN
Typical home
$412,788
Gross yield
—

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#Jump to section

U.S. ZIP Code · OH45241

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