7 Great Reasons To Buy A House In Hyde Park, Cincinnati
If you’re shopping for a home in Cincinnati, Ohio, consider the historic neighborhood of Hyde Park! The area first rose to prominence in 1892 when several Cincinnati businessmen, inspired by the creation of a rail line linking the city to the then-rural area, purchased land to establish homes for the city’s elite. Hyde Park was incorporated as a village in 1896 and annexed by Cincinnati in 1903.
Today Hyde Park is known for its convenient location, excellent amenities, charming square, and mix of historic homes and new construction. The area was named by Forbes as one of America’s Best Neighborhoods in 2010 and continues to reign as one of Cincinnati homebuyers’ most popular neighborhoods.
Here are just a few of the great reasons to buy a house in Hyde Park, Cincinnati:
- Ideal location
- Options for every homebuyer
- Historic charm
- Great schools
- Attractive amenities
- Exciting community events
If you’re interested in learning more, let’s dig into what makes living in Hyde Park, Cincinnati, great.
Located roughly five miles northeast of downtown Cincinnati, Hyde Park has captured the feeling of suburban charm with all of the amenities and convenience of living in an urban area. Boarded by Interstate 71 and U.S. Route 50, Hyde Park’s location makes commuting downtown or traveling wherever you need to go a breeze.
Cincinnati itself is situated along the Ohio River, just across the border from Kentucky. Cincinnati is currently ranked as the 64th largest city in the United States and the 3rd largest in Ohio. The city is known for its historic architecture, cultural institutions, and sports teams, including the Cincinnati Reds major league baseball team and the Cincinnati Bengals professional football team.
Cincinnati was recently named one of Livability.com’s Top 100 Places to Live for its economy, job opportunities, and growth. The city has also earned recognition as the nation’s second most popular city for the holidays, the fifth-best baseball city, and the seventh-best city for seniors.
Options For Every Homebuyer
Whether you’re looking to add your personal flair to a turn-of-the-century home or settle into a brand-new construction, the real estate options available are another great reason to buy a home in Hyde Park, Cincinnati. The median price for a house in Hyde Park is currently $389,500, with options ranging from $110,000 condos to single-family homes for $2.7 million.
Within Hyde Park’s boundaries, you’ll find examples of Victorian, Traditional, Cape Cod, and Transitional architecture all waiting for your family to call home. No matter what you’re searching for in your next home, there’s a good chance you’ll find it here.
Hyde Park’s historical roots as an enclave for Cincinnati’s wealthiest residents are evident in the architecture of its homes, businesses, and parks. The neighborhood’s most popular public space, Hyde Park Square, features century-old landscaping and more than 100 unique shops, restaurants, art galleries, cafes, and other businesses.
Hyde Park is also home to historic institutions like the Cincinnati Observatory, established in its current location on Mt. Lookout in 1873 and is known as “The Birthplace of American Astronomy.” Today the Observatory offers educational programs for children and adults, stargazing events for amateur astronomers, and tours.
Other historical landmarks in the Hyde Park area include:
- Observatory Historic District, a historic portion of the neighborhood featuring unique architecture styles
- Bernheim House, an example of Colonial Revival architecture built in 1912
- Kilgour Fountain in Hyde Park Square, installed in 1900 as a gift to the city
Another great reason to buy a house in Hyde Park, Cincinnati, is the safe environment the neighborhood offers. Hyde Park is routinely named one of the safest neighborhoods in Cincinnati and is on average 89% safer than other cities in Ohio, with crime rates 17% lower than the national average.
The rates of violent crimes, such as assault and robbery, were the lowest in Hyde Park compared to other neighborhoods in the city, according to a 2019 report. While rates for property crimes, including burglary and motor vehicle theft, are slightly higher than the neighborhood’s rates for violent crime, they still trend lower in Hyde Park than other Cincinnati neighborhoods.
If your move to Hyde Park will require a change in schools for your children, you’ll find several great choices right in the neighborhood. Public and private school options in Hyde Park include:
- Kilgour School, a neighborhood school for kindergarten through 6th grade that’s received National Blue Ribbon awards for excellence twice
- Hyde Park School, a public school that offers unique personalized education for students in kindergarten through 6th grade
- Clark Montessori High School, a junior and senior high school that gained recognition as a finalist in President Barack Obama’s Race to the Top Commencement Challenge
- The Summit Country Day School, a private Catholic school serving students in kindergarten through 12th grade, as well as a Montessori pre-school
It’s not just your actual house that makes a new place feel like home – it’s the neighborhood itself, and the local options you have for dining, shopping, taking care of your family’s needs.
If you need another great reason to buy a house in Hyde Park, Cincinnati, be sure to include the dining scene on your list. No matter what type of food you’re looking for, your new neighborhood has fantastic options, just a quick walk or drive away.
Be sure to check out local favorites like:
- The Echo, a diner-style establishment that’s been serving homestyle eats since 1945
- E+O Kitchen, a tropical-themed restaurant cooking up Asian dishes with a Latin flair
- Arthur’s, a neighborhood landmark since 1947 offering burgers and local brews
- Dear Restaurant & Butchery, a new restaurant focusing on charcuterie and seasonal ingredients
- Mesa Loca, serving Latin dishes in a hip, lounge-like atmosphere
- Unwind Wine Bar & Light Fare, a wine bar offering small plates in a rustic, relaxed environment
- Awakenings Coffee Roasters, a locally-owned coffee shop also serving tea, wine, and baked goods
Whether you’re looking for a new outfit or decor for your home, you’ll find it in the shops around Hyde Park Square and the rest of the neighborhood. Add these great local options to your next shopping spree:
- Cockerill Gallery, which sells an always-changing collection of unique art and jewelry
- Hyde Park Gourmet Food & Wine, which offers a selection of wine, specialty foods, and gift baskets
- Hyde Park Floral & Garden, a family-owned florist shop that’s served the neighborhood for more than 15 years
- Leeli & Lou, a local boutique offering clothing, jewelry, and accessories
- Nest, a gift shop specializing in unique gifts for all occasions
- Corporate, an outpost for chic sneakers and streetwear
- Khakis, a family-owned boutique that’s been styling Hyde Park residents for more than 30 years
- Hank, a Yarn Boutique, which sells knitting supplies and hosts classes and events
- Cincy Shirts, a casual-wear destination highlighting Cincinnati- and Ohio-themed clothing and accessories
- Soho Boutique, an upscale women’s fashion boutique carrying designer labels
You won’t need to go far from Hyde Park to find everything your family needs in their day-to-day lives. The area is home to national grocery chains such as Whole Foods and Kroger, several banks, healthcare and dental providers, and the Hyde Park Branch of the Cincinnati Public Library.
In addition to the historic Hyde Park Square, Hyde Park is home to several spaces for enjoying the great outdoors, including Madison Park, the East Hyde Park Commons Playground, Hyde Park Golf & Country Club, and Cincinnati Country Club.
Exciting Community Events
Hyde Park’s hallmarks are its collection of community events that bring neighbors together and add excitement to the area.
For an outstanding selection of local produce, dairy, eggs, and prepared food items, be sure to stop by the Hyde Park Farmer’s Market. Known as Sundays in the Square, the market runs every Sunday from late May through late October. All of the market’s offerings come directly from the farmers and producers themselves, making it a “seller’s market” and ensuring you’ll find the highest quality of products that are not just good for you but good for the community as well.
If you want to get moving for a good cause, participate in Hyde Park Blast. This annual event features a run, walk, and bike race that culminates in a beer, wine, and food festival, all benefitting Cincinnati cancer charities.
Another great reason to buy a house in Hyde Park, Cincinnati, is its long-running community art show. Entering its 55th year, the Hyde Park Square Art Show features more than 200 artists from across the country, displaying and selling art created in various mediums.
Ready to buy a house in Hyde Park, Cincinnati?
If you’re ready to purchase a home surrounded by gorgeous green spaces, 18th Century architecture, and a small-town feel in a big city location, Cincinnati’s Hyde Park neighborhood is waiting for you.
Get in touch today to learn more about the great reasons to buy a house in Hyde Park, Cincinnati, and the current selection of available homes.