New Riegel, OH—44853
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Riegel, OH
As of Oct '25, the median home price in New Riegel, OH is $239,000, with a year-over-year change of 7.0%. This indicates that home prices in New Riegel, OH are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $239,000 | 7.0% |
| Single Family | $238,000 | 7.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $254,000 | 7.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Riegel, OH
New Riegel, 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 Riegel, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in New Riegel, OH is 6. This is a increase of 135.0% 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 | $225,000 | 142.0% |
Listing Count | 3 | 88.0% |
| Listings as % of Homes | 0.2% | 88.0% |
Days on Market | 6 | 135.0% |
Demographics — New Riegel, OH
As of the latest ACS Survey released in 2023, New Riegel, OH has a population of 1,510, which has increased by 9.8% over the past 5 years. New Riegel, OH is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,510 | 9.8% |
% Under 18 | 25.0% | 22.0% |
% Seniors | 15.1% | -15.6% |
% WFH | 1.5% | -11.8% |
% w/ College Degree | 12.0% | -4.8% |
As of the latest ACS Survey released in 2023, New Riegel, OH is a predominantly white area, with 93.1% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in New Riegel, OH is hispanic, making up 5.8% of the population. Foreign-born residents account for 0.1% of the population in New Riegel, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.1% | -4.9% |
% Black | 0.1% | -75.0% |
% Hispanic | 5.8% | 383.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | 0.0% |
Mortgage and Risk — New Riegel, OH
According to HUD data as of 2023, there were 51 mortgage originations in New Riegel, OH, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in New Riegel, OH. Investor activity is low, as 2.0% 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 | 51 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — New Riegel, OH
New Riegel, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $670 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,080 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — New Riegel, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $239,000 |
| Median Household Income | $86,100 |