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These days, finding an affordable place to live in the New Springfield area can be challenging. Home prices in New Springfield are now at a median cost of $207,017, lower than the Ohio average of $236,816.
The average cost of rent is $838/mo in New Springfield, primarily driven by the current value of real estate in the New Springfield area. In New Springfield, 33.20% of households rent, and 46.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Springfield is $4,057 per month. Households that rent pay about 20.65% of their income on rent here. New Springfield’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Petersburg, OH: equally priced homes
- New Middletown, OH: equally priced homes
- North Lima, OH: higher priced homes
- Unity, OH: equally priced homes
- Columbiana, OH: equally priced homes
- New Waterford, OH: equally priced homes
- S.N.P.J., PA: equally priced homes
- Middleton, OH: equally priced homes
- Bessemer, PA: less expensive homes
- East Palestine, OH: less expensive homes
Cities with Similar Populations
- Thompsonville, MI: equally priced homes
- Greenbush, MI: less expensive homes
- Hagerman, NM: less expensive homes
- Harts, WV: less expensive homes
- Henrico, VA: higher priced homes
- Holdingford, MN: higher priced homes
- Hydro, OK: less expensive homes
- Margaretville, NY: higher priced homes
- Oakley, MI: less expensive homes
- Stanton, TN: less expensive homes
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