How much is a home worth in ZIP code 45242?

The typical home in 45242 is worth $556,366, based on the Zillow Home Value Index.

Are home values rising in 45242?

Home values in 45242 are up 4.7% over the past year, and up 6.5% a year over five years.

What is the typical rent in 45242?

A typical home in 45242 rents for about $1,924 a month, a gross rental yield of 4.1%.

What is the property tax rate in 45242?

The effective property tax rate in 45242 is 1.3% — roughly $7,251 a year on a typical home.

ZIP code 45242 has a population of 22,623 and a median household income of $124,567.

HousingHandbookReference data

…

U.S. ZIP Code · OH45242

Hamilton County · Cincinnati, OH-KY-IN

Typical home value

$556,366^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.7%
5-year / yr: +6.5%
10-year / yr: +6.7%

Relative price

vs U.S.: +95.9%
vs metro: +96.0%
vs state: +154.4%

Price history

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

The typical home in 45242 is worth $556,366 — 96.0% above the Cincinnati, OH-KY-IN median. Over the past year, values have risen 4.7%. Homes here rent for a typical $1,924 a month — a 4.1% 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: $1,924^[2]
Gross yield: 4.1%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 1.3%^[3]
Typical annual tax: $7,251^[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: 22,623^[3]
Median household income: $124,567^[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: 5
Elementary: 2
Middle: 2
High: 1

Sycamore High School
High · Grades 8–12 · Sycamore Community City
1,677 students
Edwin H Greene Intermediate Middle School
Middle · Grades 4–6 · Sycamore Community City
943 students
Sycamore Junior High School
Middle · Grades 7–8 · Sycamore Community City
859 students
Maple Dale Elementary School
Elementary · Grades K–4 · Sycamore Community City
582 students
Montgomery Elementary School
Elementary · Grades K–4 · Sycamore Community City
523 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 yield4.1%

Net yield (after ~40% expenses)2.5%

Annual rent$23,083

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$2,813

Loan principal$445,092

Down payment$111,273

Total interest paid$567,691

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 ratio2.02

Monthly cost to own$3,880

Monthly rent$1,924

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: 82nd percentile^[1]
Rental yield: 6th percentile^[2]
Property tax: 68th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45242?: The typical home in 45242 is worth $556,366, based on the Zillow Home Value Index.
Are home values rising in 45242?: Home values in 45242 are up 4.7% over the past year, and up 6.5% a year over five years.
What is the typical rent in 45242?: A typical home in 45242 rents for about $1,924 a month, a gross rental yield of 4.1%.
What is the property tax rate in 45242?: The effective property tax rate in 45242 is 1.3% — roughly $7,251 a year on a typical home.
Who lives in 45242?: ZIP code 45242 has a population of 22,623 and a median household income of $124,567.

#Comparable ZIPs

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

45249 vs 45242 →
Montgomery, OH
Typical home
$603,188
Gross yield
3.5%
45040 vs 45242 →
Mason, OH
Typical home
$505,766
Gross yield
4.8%
45208
Cincinnati, OH
Typical home
$628,596
Gross yield
3.0%
45226
Cincinnati, OH
Typical home
$469,060
Gross yield
4.0%
45054
OH
Typical home
$464,866
Gross yield
—
41091
Union, KY
Typical home
$459,486
Gross yield
—

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#Jump to section

U.S. ZIP Code · OH45242

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