New Springfield, OH Foreclosures
Current Market Conditions in in New Springfield, OH As of January 2026?
In the past month, New Springfield's real estate market has experienced increased activity, with a 10% rise in home sales compared to the previous month. Buyers are seeking homes that offer both space and access to nature, emphasizing the appeal of the area’s parks and outdoor facilities. New listings are receiving multiple offers, suggesting a shift towards a seller's market as homes are selling faster with occasional bidding wars. Prices have seen a gradual but steady increase, underscoring the livability of the community amid changing economic conditions.
How much do homes sell for in New Springfield, OH?
The average home price is currently $281,700.
In New Springfield, OH, how many homes are available?
There are currently 1 active home listings available in New Springfield.
What’s the average rental cost in New Springfield, OH?
The average rental price in New Springfield is $1,071.
What is the most expensive home in New Springfield?
The most expensive home sold in New Springfield had a price of $4,702,849.
What is currently the cheapest priced home in New Springfield, OH?
The cheapest home for sale in New Springfield is priced at $12,203.
Living in New Springfield, OH
New Springfield, Ohio, is a quaint and close-knit community located just outside of Youngstown, providing a serene escape from urban hustle. The area combines a small-town feel with expansive green spaces, making it perfect for families and outdoor enthusiasts alike. With access to essential amenities and a rich local history, New Springfield offers a pleasant atmosphere for residents of all ages.
Buyer vs Seller Market in New Springfield, OH
The real estate market in New Springfield has remained stable over the past few months, with a modest increase in home values as families seek the affordability and lifestyle offered by small-town living. Properties typically see strong interest, leading to a competitive market, particularly for homes that have access to good schools and amenities.
The demand for homes remains steady, with slight variations in inventory levels causing fluctuations in pricing. As more individuals explore suburban living, New Springfield attracts attention for its affordability compared to larger metropolitan areas, drawing young professionals and families.
Home Value Estimator For New Springfield, OH
There are currently 661 real estate properties
in New Springfield, OH,
with a median automated valuation model (AVM) price
of $232,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New Springfield, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in New Springfield, OH,
is $281,700.00, with the most expensive house
in New Springfield, OH, topping out
at $4,702,849.00 and the cheapest home
in New Springfield, OH,
clocking in at $12,203.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Springfield, OH!
Rent Prices
In New Springfield, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Springfield, OH, is on
a rollercoaster ride. The
average rent price in New Springfield, OH,
is $1,071.00. Indeed, when looking to rent in
New Springfield, OH, you can expect to pay as little
as $780.00 or as much
as $1,660.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in New Springfield, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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