Seriously, $89,000 would get you well, nothing, here, not within 20 miles. Most houses (3 bedroom) go for about £160,000 ($240,000) and some i've seen around here for £250,000 just for a small 4 bedroom house ($350,000), I meen come on!!! If house prices are that cheap, there must be something about the area....
Definitely do not want to compare European housing prices to US housing prices. They are so very different and difficult to compare.
Of course, you did answer your own question, I suspect many of those properties mentioned for those low prices are 20 miles away from the central city, in Northern Kentucky.
Housing prices in metro-Cincy, and for that matter, all of Ohio, are average for the United States. That average is however locked between really high real estate prices of places like New Jersey and Southern California, and very low prices in rural regions, and for reasons that I dont exactly understand, much of Florida (where a nice house is 65k, but would cost 130k here in the mideast.)