New Concord, OH is an attractive city for homeowners due to its relatively affordable median housing value of $201,900. This is significantly lower than the national median housing value of $338,100. In addition to being more affordable than the national average, New Concord also has seen a higher appreciation rate in the past year at 12.77%, as compared to 8.27% nationally. With both an affordable entry price and higher appreciation rates when compared to other areas of the country, New Concord remains an attractive option for homebuyers.
The median home cost in New Concord is $201,900. Home appreciation the last 10 years has been 79.6%. Home Appreciation in New Concord is up 14.0%.
Average Age of Homes
- The median age of New Concord real estate is 54 years old
The Rental Market in New Concord
- Renters make up 44.8% of the New Concord population
- 3.1% of houses and apartments in New Concord, 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.