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2024 Compare Cities Housing:
Painesville, OH vs New Albany, OH

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Highlights
- The median age of a home in Painesville is 68.5% older than the median age of a home in New Albany.

Housing
 Painesville, OHNew Albany, OHUnited States
 Median Home Age541742
 Median Home Cost$172,900$530,700$338,100
 Home Appr. Last 12 months13.4%19.8%16.6%
 Home Appr. Last 5 yrs.47.5%62.4%57.0%
 Home Appr. Last 10 yrs.69.3%102.9%101.1%
 Property Tax Rate$19.2$18.2$11.0
 Homes Owned43.5%84.1%57.4%
 Housing Vacant7.7%7.0%11.2%
 Homes Rented48.8%8.9%31.4%
 space
 Avg Rent For Home Or Apartment
 Painesville, OHNew Albany, OHUnited States
 Average Rent$1,270$1,940$1,840
 Studio Apartment$720$1,160$1,080
 1 Bedroom Home or Apartment$820$1,300$1,180
 2 Bedroom Home or Apartment$990$1,610$1,430
 3 Bedroom Home or Apartment$1,290$1,970$1,860
 4 Bedroom Home or Apartment$1,360$2,180$2,160
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 Vacant Housing
 Painesville, OHNew Albany, OHUnited States
 Vacant For Rent1.2%0.6%1.9%
 Vacant Rented1.2%0.0%0.4%
 Vacant For Sale2.4%1.3%0.7%
 Vacant Sold0.0%0.6%0.4%
 Vacant Vacation0.9%2.5%3.6%
 Vacant Other2.0%1.9%4.1%
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 Owner-Occupied Housing Value
 Painesville, OHNew Albany, OHUnited States
 Less Than $20,0000.9%0.3%2.6%
 $20,000 to $39,9991.9%0.7%2.4%
 $40,000 to $59,9994.6%0.0%2.8%
 $60,000 to $79,9997.8%0.0%3.9%
 $80,000 to $99,99924.8%0.0%4.5%
 $100,000 to $149,99930.7%0.0%11.3%
 $150,000 to $199,99913.4%1.5%13.0%
 $200,000 to $299,99914.6%5.2%20.1%
 $300,000 to $399,9990.8%11.1%13.6%
 $400,000 to $499,9990.2%26.8%8.3%
 $500,000 to $749,9990.0%34.4%9.7%
 $750,000 to $999,9990.0%9.9%3.9%
 $1,000,000 to $1,499,9990.0%4.1%2.2%
 $1,500,000 to $1,999,9990.1%1.8%0.8%
 $2,000,000 and over0.2%4.1%1.1%
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 Housing Units By Year Built
 Painesville, OHNew Albany, OHUnited States
 2015 and Newer0.0%0.4%0.2%
 2010 to 201414.1%39.2%13.6%
 2000 to 200914.1%39.2%13.6%
 1990 to 19996.8%22.4%13.6%
 1980 to 19897.3%1.2%13.2%
 1970 to 197911.1%3.9%14.8%
 1960 to 19696.8%22.4%13.6%
 1950 to 195912.2%1.1%10.0%
 1940 to 19496.6%0.9%4.7%
 1939 or Earlier25.3%3.0%12.2%

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Reviews for Painesville    2 Reviews

I have lived in Painesville for the last 16 years. The last 3 generations of my family have lived in Painesville and even attended the local high school, Thomas W.  More

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Decent place to live, but downtown painesville is very rundown. If you want to live in Lake County, Ohio, best to live in either Mentor or  More

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Reviews for New Albany    3 Reviews

Love it here. The school is great, our house is massive. My husband got a sweet gig a A+F so the kids are always looking  More

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Over 10 years ago

We lived in New Albany for 5 years before moving to Florida. I can't express how much we miss it and we're considering moving back. New Albany is a very safe city with  More

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Over 15 years ago

I'm from Dayton and moved to Westerville for college. I then bought my first place in New Albany about 2 years ago. This is the best decision I've made. I'd love to  More

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