The housing market in 45157 New Richmond, OH is thriving. The median value of a home in this area is $238,000, which is significantly lower than the U.S. median house value of $338,100. Even with the lower price point though, the one-year appreciation for housing in New Richmond is 13.22%, significantly higher than the US average of 8.27%. This makes investing in the local housing market a potentially attractive and lucrative option for savvy buyers looking to capitalize on this exciting opportunity.
The median home cost in New Richmond (zip 45157) is $238,000. Home appreciation the last 10 years has been 84.0%. Home Appreciation in New Richmond (zip 45157) is up 15.4%.
Average Age of Homes
- The median age of New Richmond (zip 45157) real estate is 36 years old
The Rental Market in New Richmond (zip 45157)
- Renters make up 13.2% of the New Richmond (zip 45157) population
- 0.0% of houses and apartments in New Richmond (zip 45157), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.