New Concord, OH—43762
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Concord, OH
As of Oct '25, the median home price in New Concord, OH is $244,000, with a year-over-year change of 1.2%. This indicates that home prices in New Concord, OH are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $244,000 | 1.2% |
| Single Family | $244,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $202,000 | 2.5% |
3 Bed | $257,000 | 1.2% |
4 Bed | $283,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Concord, OH
As of July '25, Rentcast reports the average rent in New Concord, OH is $1,450, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in New Concord, OH is 3-bedrooms: $1,450. The most common rental property sizes in New Concord, OH are 3-bedroom and 2-bedroom, accounting for 38.2% and 37.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,100 | $1,450 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Concord, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in New Concord, OH is 50. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $253,000 | 0.0% |
Listing Count | 14 | -7.0% |
| Listings as % of Homes | 0.8% | -7.0% |
Days on Market | 50 | 5.0% |
Demographics — New Concord, OH
As of the latest ACS Survey released in 2023, New Concord, OH has a population of 5,100, which has decreased by -15.0% over the past 5 years. New Concord, OH is a moderately popular place for families, as children make up 16.6% of the population. The area has a moderately educated workforce, with 41.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,100 | -15.0% |
% Under 18 | 16.6% | -25.6% |
% Seniors | 13.7% | -6.8% |
% WFH | 5.4% | 145.5% |
% w/ College Degree | 41.3% | 77.3% |
As of the latest ACS Survey released in 2023, New Concord, OH is a predominantly white area, with 92.9% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in New Concord, OH is black, making up 2.5% of the population. Foreign-born residents account for 0.9% of the population in New Concord, OH, and this percentage has decreased by 47.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.9% | -2.9% |
% Black | 2.5% | 78.6% |
% Hispanic | 2.2% | 57.1% |
% Asian | 0.2% | -80.0% |
% Foreign Born | 0.9% | -47.1% |
Mortgage and Risk — New Concord, OH
According to HUD data as of 2023, there were 126 mortgage originations in New Concord, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in New Concord, OH. Investor activity is low, as 1.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 126 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — New Concord, OH
New Concord, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | $150 | $1,100 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,370 |
Affordability — New Concord, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $244,000 |
| Median Household Income | $78,900 |