The story of this market
The typical home in ZIP 45150 sells for about $333,900, or $191 per square foot.
Prices are down 5.92% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,127 a month.
ZIP 45150 — Milford
The 45150 housing market is currently experiencing a period of moderate activity with a median sale price of $333,900. While year-over-year prices have seen a slight decline, the market remains competitive with a low months-of-supply figure of 2.3, indicating that demand continues to outpace available inventory.
This ZIP is well-suited for family buyers and commuters seeking suburban living with access to Cincinnati, offering a balance of established residential neighborhoods and proximity to regional amenities.
Median prices moved down 5.9% year over year.
Homes spend a median of 48 days on market with 2.3 months of supply — a fast-moving market.
42% of listings have cut prices · homes sell at 98.4% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 6.2% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 45150
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by several districts including Milford Exempted Village School District, generally characterized as providing stable educational opportunities for the suburban population.
The region is subject to standard Midwestern climate risks, including seasonal severe thunderstorms and occasional wind events; flood risk is localized to specific low-lying areas near the Little Miami River.
The area benefits from its proximity to the Cincinnati employment core and ongoing suburban development, with infrastructure focused on maintaining access to major regional highway corridors.
Property taxes are assessed by the county based on appraised market value, with rates determined by local levies for schools, municipal services, and special districts.
Residents primarily commute via I-275 and SR-28, providing direct access to the Cincinnati employment core; transit options are limited, making personal vehicle use the primary mode of transportation.
The area features access to the Little Miami Scenic Trail, various community parks, and proximity to local golf courses and shopping centers in the Milford and Day Heights vicinity.
The rental market shows steady demand with a median rent of $1,075, reflecting a mix of long-term residential rentals and limited short-term investment activity.
The local economy is integrated into the broader Cincinnati-Middletown metro area, with a diverse mix of retail, healthcare, and professional services supporting the suburban population.
The area is served by a network of state routes and proximity to the I-275 beltway, facilitating regional connectivity to the Cincinnati metro core.
Development is primarily focused on infill residential projects and commercial expansion along the SR-28 corridor.
Parcels are subject to local school district levies and county-wide special assessments for infrastructure and public services.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and storm damage being typical for the area.
Data retrieved from data.census.gov ZCTA 45150 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major regional multi-use trail providing extensive outdoor recreation opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.