*Please note that the statistics are sourced from MLS and may differ from other factors not reflected in MLS data
Cincinnati may not be the first city that comes to people’s minds when thinking about luxury. However, things are changing – so why are wealthy people flocking to Cincinnati? As major development projects, rising incomes, and a booming real estate market continue to shape the city, Cincinnati is quickly emerging as a prime location for high-end living. Let’s take a closer look at some of the neighborhoods where the city’s affluent residents choose to call home.
Hyde Park
Hyde Park is Cincinnati’s epitome of wealth and history. Established in the 1890s, it was initially developed as a residential area for wealthy businessmen looking to escape the industrial bustle of downtown. Today, Hyde Park still maintains that prestigious allure, making it one of the most desirable neighborhoods in Cincinnati.
- Median Household Income: ~$75k
- Top 5% of Homes: Earn ~$600k per year
- 2024 Median Sale Price: $1,450,000
- 2024 Homes Sold over $1M: 35
- 2024 Most Expensive Home sold: $3,016,095
With its charming, tree-lined streets and a wealth of upscale amenities, it’s not surprising that Hyde Park continues to attract Cincinnati’s elite.
Mount Lookout
Known for being one of Cincinnati’s safest neighborhoods, Mount Lookout is a top choice for many wealthy families. Its proximity to downtown, combined with the convenience of Mount Lookout Square, which is home to high-end boutiques, restaurants, and cafes, makes it an attractive place to live for those seeking convenience and luxury.
In addition to its prime location, the area is home to two of Cincinnati’s finest parks, Alms Park and Ault Park, offering over 200 acres of beautiful landscaped gardens and views. It’s easy to see why Mount Lookout appeals to the wealthy who desire a luxurious lifestyle with quick access to nature.
- Median Household Income: over $96k
- Top 5% of Homes: Earn ~$600k per year
- 2024 Median Sale Price: $1,350,000
- 2024 Homes Sold over $1M: 13
- 2024 Most Expensive Home sold: $2,750,000
If you’re searching for an upscale neighborhood with a blend of modern conveniences and outdoor luxury, Mount Lookout is hard to beat.
Mount Adams
For those seeking a combination of breathtaking views, artistic culture, and sophisticated living, Mount Adams stands out. Perched above downtown Cincinnati and bordered by the popular Eden Park, the neighborhood offers panoramic views of the city and the Ohio River. The neighborhood is also home to the Cincinnati Art Museum, Krohn Conservatory, and Playhouse in the Park.
- Median Household Income: ~$87k
- Top 5% of Homes: Earn over $900k per year
- 2024 Median Sale Price: $1,467,000
- 2024 Homes Sold over $1M: 13
- 2024 Most Expensive Home sold: $2,750,095
Mount Adams has a vibrant atmosphere, making it favored by millennials and young professionals, which brings a hip yet upscale vibe to the neighborhood.
Indian Hill
If there’s one neighborhood that stands above all others in privacy and space, it’s Indian Hill. Known for its sprawling estates and expansive multi-acre properties. The neighborhood’s luxurious homes, hidden behind tree-lined driveways, offer unparalleled privacy and exclusivity.
Originally established as a rural escape from the city, Indian Hill remains one of the most sought-after locations in Cincinnati, with residents enjoying the blend of rural charm and modern luxury. From equestrian trails, to private country clubs, life in Indian Hill is all about privacy, space and high-end amenities.
- Median Household Income: ~$218k
- 2024 Median Sale Price: $1,990,250
- 2024 Homes Sold over $1M: 53
- 2024 Most Expensive Home sold: $5,800,000
The lot sizes span over 5+ acres and the custom-built homes range from 5,000 to over 10,000 sq ft. Indian Hill is the neighborhood for those who seek ultimate privacy, luxury, and space.
Montgomery
Just outside of Cincinnati’s city limits, Montgomery is an affluent suburb that has drawn plenty of attention from wealthy homebuyers. With its perfect blend of suburban charm, urban conveniences, and great schools, Montgomery has become a favorite for families. The community is built around a walkable downtown area making it both charming and practical.
- Median Household Income: ~$142k
- 2024 Median Sale Price: $655,000
- 2024 Homes Sold over $1M: 24
- 2024 Most Expensive Home sold: $2,000,000
In addition to its desirable location, Montgomery is known for its high-end homes that range from classic 1960s and 1970s estates to newly constructed, luxury properties. Whether you’re interested in a historical home or a newly built mansion, Montgomery has it.
Mason
North of the city lies Mason and Deerfield Township. Known for its sprawling master-planned communities and tons of new construction, this area attracts those looking for larger homes with modern amenities. It’s also home to Kings Island, a major attraction, and the site of Cincinnati’s annual tennis tournament.
- A Median Household Income: ~$124k
- 2024 Median Sale Price: $413,000
- 2024 Homes Sold over $1M: 20
- 2024 Most Expensive Home sold: $1,730,000
Mason is a vibrant suburb with a mix of new homes, excellent schools, and plenty of recreational opportunities. If you’re after a suburban lifestyle with the convenience of being close to the city, Mason is the right choice.
Anderson (Riverview Estates)
Anderson Township has recently gained attention as one of the wealthiest suburbs in Cincinnati, thanks in part to its proximity to the river and luxurious homes. One of its most sought after neighborhoods, Riverview Estates, is home to some of the most expensive properties in the city.
- Price Range: $2.5 – $8 Million
- Most Expensive Home Sold: Over $8 Million
These riverfront estates offer stunning views and privacy, attracting celebrities and professional athletes, including Bengals quarterback Joe Burrow.
Cincinnati’s Growing Luxury Appeal
From the historic charm of Hyde Park to the sprawling estates of Indian Hill, there’s no shortage of stunning luxurious neighborhoods in Cincinnati. Whether you’re looking for an upscale suburban home, a secluded and private estate, or a neighborhood with upscale amenities, Cincinnati offers it all!
If you’re thinking about moving to one of these luxurious suburbs, or if you’re looking for more affordable options, we are here to help. Our team at Oyler Hines is number one in Greater Cincinnati, and we’ve helped thousands of families buy and sell homes in the area. Whether you’re interested in luxury living or a more budget-friendly option, we have the experience to guide you through the process.
