New Springfield, OH 44443 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

New Springfield, OH—44443

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$225,000

2.7% YoY Growth

Household Income

$71,900

8.8% YoY Growth

Days on Market

17.0% Shorter YoY

Home Price Forecast

3.5%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in New Springfield, OH

44454

Home Price Trends — New Springfield, OH

As of Dec '25, the median home price in New Springfield, OH is $225,000, with a year-over-year change of 2.7%. This indicates that home prices in New Springfield, OH are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$225,000	2.7%
Single Family	$224,000	2.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — New Springfield, OH

New Springfield, 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

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% of Rental Stock

1 Bedroom

38.6%

2 Bedrooms

11.9%

3 Bedrooms

49.5%

Property Listings — New Springfield, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in New Springfield, OH is 11. This is a increase of 136.0% 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	$165,000	-57.0%
Listing Count	3	-8.0%
Listings as % of Homes	0.9%	-8.0%
Days on Market	34	-17.0%

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Demographics — New Springfield, OH

As of the latest ACS Survey released in 2023, New Springfield, OH has a population of 1,950, which has increased by 16.6% over the past 5 years. New Springfield, OH is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 19.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,950	16.6%
% Under 18	23.5%	-17.5%
% Seniors	19.5%	1.0%
% WFH	8.4%	154.5%
% w/ College Degree	19.6%	-10.5%

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As of the latest ACS Survey released in 2023, New Springfield, OH is a predominantly white area, with 100.0% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in New Springfield, OH is black, making up 0.0% of the population. Foreign-born residents account for 0.6% of the population in New Springfield, OH, and this percentage has increased by Inf% 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	100.0%	0.0%
% Black	0.0%	N/A
% Hispanic	0.0%	N/A
% Asian	0.0%	N/A
% Foreign Born	0.6%	∞%

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Mortgage and Risk — New Springfield, OH

According to HUD data as of 2023, there were 52 mortgage originations in New Springfield, OH, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in New Springfield, OH. Investor activity is low, as 0.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	52
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	21.0%

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Rentals and Section 8 — New Springfield, OH

New Springfield, 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	$700
2 Bedroom	N/A	N/A	$880
3 Bedroom	N/A	N/A	$1,170
4 Bedroom	N/A	N/A	$1,240

New Springfield, OH—44443

Key Metrics at a Glance

Other Zip Codes in New Springfield, OH

Home Price Trends — New Springfield, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New Springfield, OH

% of Rental Stock

Property Listings — New Springfield, OH

Demographics — New Springfield, OH

Race and Ethnicity

Mortgage and Risk — New Springfield, OH

Mortgages

Rentals and Section 8 — New Springfield, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — New Springfield, OH

Home Price to Income Ratio

New Springfield, OH — ZIP Code Boundary Map

Nearby ZIP Codes