New Philadelphia, OH is home to a diverse range of housing prices. The median value of homes in the city is currently $176,700, which is significantly lower than the national median value of $338,100. Despite this, homeowners in New Philadelphia have seen an impressive house appreciation rate of 10.56% over the last year, which is higher than the national average of 8.27%. This increase in home values speaks to the strong housing market in New Philadelphia and highlights the potential for real estate investment there.
The median home cost in New Philadelphia is $176,700. Home appreciation the last 10 years has been 76.6%. Home Appreciation in New Philadelphia is up 13.2%.
Average Age of Homes
- The median age of New Philadelphia real estate is 56 years old
The Rental Market in New Philadelphia
- Renters make up 33.6% of the New Philadelphia population
- 1.5% of houses and apartments in New Philadelphia, 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.