New Paris, OH—45347
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Paris, OH
New Paris, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $191,000 | 2.4% |
| Single Family | $191,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $139,000 | 3.7% |
3 Bed | $202,000 | 2.5% |
4 Bed | $270,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Paris, OH
New Paris, 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 Paris, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in New Paris, OH is 59. This is a increase of 38.0% 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 62.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $214,000 | -9.0% |
Listing Count | 13 | -17.0% |
| Listings as % of Homes | 0.4% | -17.0% |
Days on Market | 59 | 38.0% |
Demographics — New Paris, OH
As of the latest ACS Survey released in 2023, New Paris, OH has a population of 4,030, which has decreased by -10.0% over the past 5 years. New Paris, OH is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,030 | -10.0% |
% Under 18 | 23.2% | 1.8% |
% Seniors | 22.5% | 35.5% |
% WFH | 10.2% | 343.5% |
% w/ College Degree | 14.5% | -0.7% |
As of the latest ACS Survey released in 2023, New Paris, OH is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in New Paris, OH is black, making up 1.6% of the population. Foreign-born residents account for 0.6% of the population in New Paris, OH, and this percentage has increased by 20.0% 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 | 94.1% | -3.2% |
% Black | 1.6% | 77.8% |
% Hispanic | 0.4% | -63.6% |
% Asian | 0.6% | ∞% |
% Foreign Born | 0.6% | 20.0% |
Mortgage and Risk — New Paris, OH
According to HUD data as of 2023, there were 56 mortgage originations in New Paris, OH, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in New Paris, OH. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 56 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — New Paris, OH
New Paris, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $680 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — New Paris, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $191,000 |
| Median Household Income | $68,100 |