The housing market in New Paris, OH is quite strong. The median value for a home in this area is currently $160,000, which is significantly lower than the U.S. median value of $338,100. Though the latter figure has risen an impressive 8.27% in the past year, the appreciation rate in New Paris has been even higher at 11.90%. This combination of affordability and high appreciation makes New Paris an attractive option for both buyers and sellers looking to make a profitable move within the housing market.
The median home cost in New Paris is $160,000. Home appreciation the last 10 years has been 75.2%. Home Appreciation in New Paris is up 13.0%.
Average Age of Homes
- The median age of New Paris real estate is 60 years old
The Rental Market in New Paris
- Renters make up 34.3% of the New Paris population
- 3.1% of houses and apartments in New Paris, 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.