Zip 44851 (New London, OH) Housing

Housing in 44851 New London, OH is significantly cheaper than the US median value, with the median value being about $151,000. Despite the lower cost of housing in this area compared to other parts of the country, it still has experienced tremendous appreciation over the past year with house values appreciating by 11.76%, far higher than the 8.27% national average. This high rate of appreciation highlights the desirability and potential for housing investments in 44851 New London, OH.

The median home cost in New London (zip 44851) is $151,000. Home appreciation the last 10 years has been 66.7%. Home Appreciation in New London (zip 44851) is up 13.5%.

Average Age of Homes

- The median age of New London (zip 44851) real estate is 52 years old

The Rental Market in New London (zip 44851)

- Renters make up 21.2% of the New London (zip 44851) population
- 4.5% of houses and apartments in New London (zip 44851), 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 London, Ohio	United States
	2,289.0	139,647,020.0
	59	42
	$151,000	$338,100
	13.5%	16.6%
	53.4%	57.0%
	66.7%	101.1%
	$11.96	$10.98
	$1,513	$2,690
	69.9%	57.4%
	8.8%	11.2%
	21.4%	31.4%
Vacant Housing
	4.5%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	1.4%	0.4%
	0.0%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	0.6%	2.4%
	4.5%	2.8%
	13.5%	3.9%
	14.1%	4.5%
	23.7%	11.3%
	21.5%	13.0%
	15.9%	20.1%
	0.8%	13.6%
	0.5%	8.3%
	0.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.5%	13.6%
	8.5%	13.6%
	13.0%	13.6%
	4.3%	13.2%
	14.5%	14.8%
	13.0%	13.6%
	9.3%	10.0%
	3.3%	4.7%
	34.9%	12.2%

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