Hyde Park Market Information
Originally established in 1892 by prominent Cincinnati businessmen as a community exclusively for Cincinnati’s wealthy, Hyde Park has grown to be one of “America’s Best Neighborhoods,” as determined by Forbes in 2010.
Its high concentration of shops and restaurants are a draw for visitors and residents alike. Hyde Park Square is a regional attraction, with over 175 shops, restaurants, and galleries. Year-round events, including a weekly Farmers’ Market in the spring through fall and the annual Hyde Park Art Show attract thousands of shoppers to the area. Other nearby shopping opportunities, such as Rookwood Commons and the downtown Cincinnati shopping district.
As one of Cincinnati’s historic neighborhoods, Hyde Park contains many different architectural styles from Victorian and Greek Revival to more contemporary. Hyde Park is home to several buildings of note, including the Corbett House, designed by Frank Lloyd Wright collaborator John deKoven Hill, and The Mushroom House, designed and built by Cincinnati architecture professor Terry Brown.
Homes in Hyde Park are valued between under $200,000 to over $1,000,000, with the average price around $300,000. Through the Hyde Park Neighborhood Council, residents strive to improve the Hyde Park while keeping the historic charm of the neighborhood intact.
Hyde Park Market Statistics
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Many popular real estate sites use Automated Valuation Models (AVM) to estimate the price of your home. These models use historical statistics based upon similar homes to determine a price range. Just because two homes may be in the same neighborhood, have the same number of bedrooms, and be the same size does not mean that the prices of the homes will be similar. Many factors go into pricing a home, including the property's condition (both inside AND out), lot characteristics, latest market conditions, amenities, and even intangible factors. Having a real estate professional evaluate your property is the bast way to receive the most accurate estimate of your home's value. To receive an estimate for your home, fill out the form above to receive a free, no obligation Comparative Market Analysis (CMA).
Keep in mind that your home is one of the most valuable assets you own. Even if you are not considering the sale of your property, a CMA is a great way to understand the equity you have accumulated in your home, which can be useful for financial planning.
Recent Sales in Hyde Park
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