New Waterford, OH—44445
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Waterford, OH
As of Oct '25, the median home price in New Waterford, OH is $194,000, with a year-over-year change of 3.0%. This indicates that home prices in New Waterford, OH are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $194,000 | 3.0% |
| Single Family | $197,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $140,000 | -0.7% |
3 Bed | $214,000 | 4.4% |
4 Bed | $283,000 | 4.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Waterford, OH
New Waterford, OH lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Waterford, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in New Waterford, OH is 38. This is a increase of 10.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $600,000 | 42.0% |
Listing Count | 2 | -55.0% |
| Listings as % of Homes | 0.5% | -55.0% |
Days on Market | 38 | 10.0% |
Demographics — New Waterford, OH
As of the latest ACS Survey released in 2023, New Waterford, OH has a population of 3,070, which has decreased by -14.9% over the past 5 years. New Waterford, OH is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,070 | -14.9% |
% Under 18 | 28.6% | 39.5% |
% Seniors | 12.7% | -26.6% |
% WFH | 3.0% | -53.1% |
% w/ College Degree | 15.7% | 33.1% |
As of the latest ACS Survey released in 2023, New Waterford, OH is a predominantly white area, with 94.8% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in New Waterford, OH is black, making up 0.8% of the population. Foreign-born residents account for 0.2% of the population in New Waterford, OH, and this percentage has decreased by 33.3% 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 | 94.8% | 1.9% |
% Black | 0.8% | 700.0% |
% Hispanic | 0.5% | -28.6% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 0.2% | -33.3% |
Mortgage and Risk — New Waterford, OH
According to HUD data as of 2023, there were 30 mortgage originations in New Waterford, OH, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in New Waterford, OH. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — New Waterford, OH
New Waterford, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% 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 | $780 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — New Waterford, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $194,000 |
| Median Household Income | $90,400 |