New Riegel, OH44853

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$239,000
5.3% YoY Growth
Median Household Income
$86,100
28.5% 5-Year Growth
Days on Market
271
446.0% Longer than last year
Home Price Forecast
1.6%
Median 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

Property Listings — New Riegel, OH

As of Aug '25 and according to Realtor.com, the median days on market for a home in New Riegel, OH is 271. This is an increase of 446.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$775,000332.0%
Listing Count
2N/A
Listings as % of Homes0.2%N/A
Days on Market
271446.0%
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Demographics — New Riegel, OH

MetricLatest CensusYoY % Change
Population
1,5109.8%
% Under 18
25.0%22.0%
% Under 5N/AN/A
% Seniors
15.1%-15.6%
% WFH
1.5%-11.8%
% w/ College Degree
12.0%-4.8%
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Race and Ethnicity

MetricLatest Census5-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%
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Mortgage and Risk — New Riegel, OH

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in New Riegel, OH in that year was 51. 80.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 65.0%. Of those, 29.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in New Riegel, OH. Investor activity in New Riegel, OH is low, as 2.0% of all loans are originated by investors. In 2023, 10.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
51N/AN/A
% Conventional Loans
80.0%N/AN/A
% Government Loans
20.0%N/AN/A
% Investor Loans
2.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
10.0%N/AN/A
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Rentals and Section 8 — New Riegel, OH

As of 2024, the percent of homes in New Riegel, OH under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$670
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,080
4 BedroomN/AN/A$1,240

Affordability — New Riegel, OH

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.5N/AN/A
Median Home Price$239,000N/AN/A
Median Household Income$86,100N/AN/A

New Riegel, OH — ZIP Code Boundary Map

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