New Philadelphia, OH—44663
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Philadelphia, OH
As of Oct '25, the median home price in New Philadelphia, OH is $197,000, with a year-over-year change of 8.1%. This indicates that home prices in New Philadelphia, OH are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | 8.1% |
| Single Family | $197,000 | 8.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | 9.3% |
3 Bed | $215,000 | 8.6% |
4 Bed | $283,000 | 8.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Philadelphia, OH
As of July '25, Rentcast reports the average rent in New Philadelphia, OH is $1,280, with a year-over-year rent change of 24.3%. Per bedroom, the median rent as of July '25 in New Philadelphia, OH is 1-bedrooms: $698, 2-bedrooms: $1,360, 3-bedrooms: $1,420, 4-bedrooms: $1,530. The most common rental property sizes in New Philadelphia, OH are 2-bedroom and 3-bedroom, accounting for 41.8% and 28.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $675 | $698 |
| 2 Bed Rent | $1,500 | $1,360 |
| 3 Bed Rent | $1,500 | $1,420 |
| 4 Bed Rent | $1,600 | $1,530 |
% of Rental Stock
Property Listings — New Philadelphia, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in New Philadelphia, OH is 39. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $239,000 | -9.0% |
Listing Count | 60 | 1.0% |
| Listings as % of Homes | 0.3% | 1.0% |
Days on Market | 39 | -7.0% |
Demographics — New Philadelphia, OH
As of the latest ACS Survey released in 2023, New Philadelphia, OH has a population of 24,700, which has remained stable by -0.7% over the past 5 years. New Philadelphia, OH is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 21.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,700 | -0.7% |
% Under 18 | 20.4% | -6.8% |
% Seniors | 22.0% | 8.9% |
% WFH | 6.7% | 139.3% |
% w/ College Degree | 21.3% | 34.0% |
As of the latest ACS Survey released in 2023, New Philadelphia, OH is a predominantly white area, with 87.7% 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 Philadelphia, OH is hispanic, making up 8.3% of the population. Foreign-born residents account for 4.3% of the population in New Philadelphia, OH, and this percentage has increased by 22.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.7% | -2.9% |
% Black | 1.0% | -28.6% |
% Hispanic | 8.3% | 50.9% |
% Asian | 1.1% | 22.2% |
% Foreign Born | 4.3% | 22.9% |
Mortgage and Risk — New Philadelphia, OH
According to HUD data as of 2023, there were 301 mortgage originations in New Philadelphia, OH, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in New Philadelphia, OH. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 301 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — New Philadelphia, OH
New Philadelphia, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 335 |
Total Units Section 8 | 335 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $675 | $690 |
| 2 Bedroom | -$590 | $1,500 | $910 |
| 3 Bedroom | -$330 | $1,500 | $1,170 |
| 4 Bedroom | -$280 | $1,600 | $1,320 |
Affordability — New Philadelphia, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $197,000 |
| Median Household Income | $62,400 |