New Springfield, OH—44443
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in New Springfield, OH
Home Price Trends — New Springfield, OH
As of Nov '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 | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $247,000 | 2.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — New Springfield, OH
As of Nov '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 | $156,000 | -45.0% |
Listing Count | 4 | 9.0% |
| Listings as % of Homes | 0.9% | 9.0% |
Days on Market | 11 | 136.0% |
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% |
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% | ∞% |
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% |
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 |
Affordability — New Springfield, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $225,000 |
| Median Household Income | $71,900 |