Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Richmond area can be challenging. Home prices in New Richmond are now at a median cost of $204,957, higher than the Ohio average of $181,280.
The average cost of rent is $858/mo in New Richmond, primarily driven by the current value of real estate in the New Richmond area. While nearly 39.87% of residents own their homes outright in New Richmond, 17.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Richmond is $7,095 per month. Households that rent pay about 12.09% of their income on rent here. New Richmond's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Mount Pisgah, OH: higher priced homes
- Nicholsville, OH: less expensive homes
- Carthage, KY: higher priced homes
- Mentor, KY: higher priced homes
- Amelia, OH: less expensive homes
- California, KY: higher priced homes
- Gubser Mill, KY: higher priced homes
- Hulington, OH: less expensive homes
- Moscow, OH: less expensive homes
- Melbourne, KY: equally priced homes
Cities with Similar Populations
- Delafield, WI: higher priced homes
- Tell City, IN: less expensive homes
- Tecumseh, OK: less expensive homes
- Tarentum, PA: less expensive homes
- Taos, NM: higher priced homes
- Sunnyvale, TX: higher priced homes
- Spencer, IN: less expensive homes
- Denison, IA: less expensive homes
- DeMotte, IN: equally priced homes
- Delphos, OH: less expensive homes
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