Zip 44216 (New Franklin, OH) Housing

The housing in 44216 New Franklin, OH has a median value of $230,700, which is significantly lower than the national median value of $338,100. Despite this difference, the 1 year house appreciation rate in New Franklin is 11.04%, which is higher than the national average of 8.27%. This could indicate that the housing market in New Franklin is growing faster than other parts of the country and may continue to provide good returns for homeowners in the future.

The median home cost in New Franklin (zip 44216) is $230,700. Home appreciation the last 10 years has been 77.7%. Home Appreciation in New Franklin (zip 44216) is up 14.6%.

Average Age of Homes

- The median age of New Franklin (zip 44216) real estate is 46 years old

The Rental Market in New Franklin (zip 44216)

- Renters make up 7.2% of the New Franklin (zip 44216) population
- 0.0% of houses and apartments in New Franklin (zip 44216), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Franklin, Ohio	United States
	3,764.0	139,647,020.0
	55	42
	$230,700	$338,100
	14.6%	16.6%
	51.7%	57.0%
	77.7%	101.1%
	$15.67	$10.98
	$2,616	$2,690
	86.4%	57.4%
	5.0%	11.2%
	8.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	1.3%	0.4%
	0.7%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.3%	2.4%
	1.3%	2.8%
	3.2%	3.9%
	5.4%	4.5%
	25.0%	11.3%
	26.7%	13.0%
	21.5%	20.1%
	10.9%	13.6%
	1.4%	8.3%
	3.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	11.1%	13.6%
	4.7%	13.2%
	18.8%	14.8%
	11.1%	13.6%
	24.4%	10.0%
	5.4%	4.7%
	10.6%	12.2%

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