New Springfield, OH Foreclosures
How much do homes sell for in New Springfield, OH?
The average home price is currently $255,229.
In New Springfield, OH, how many homes are available?
There are currently 2 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 $1,072.
What is the most expensive home in New Springfield?
The most expensive home sold in New Springfield had a price of $4,729,032.
What is currently the cheapest priced home in New Springfield, OH?
The cheapest home for sale in New Springfield is priced at $12,289.
Living in New Springfield, OH
New Springfield is a charming village in Ohio known for its close-knit community and small-town atmosphere. With a population just over 1,000, residents enjoy a peaceful lifestyle while being just a short drive from larger cities like Youngstown. Outdoor enthusiasts will appreciate the access to parks and recreational areas, making it an ideal spot for families and those looking for a quieter pace of life.
Current Market Conditions in New Springfield, OH
The current real estate market in New Springfield shows signs of stability, with modest price appreciation over recent months. Homes typically range from affordable starter homes to larger family residences, appealing to a variety of buyers from first-time owners to retirees looking to downsize. As families seek quieter environments while maintaining accessibility to urban amenities, the demand for homes in New Springfield has remained consistent, making it a desirable market for both buyers and investors alike.
Given its small size, the market in New Springfield often experiences fluctuations based on seasonal trends. However, with relatively stable employment rates in surrounding areas and community development initiatives, there is an optimistic outlook for housing in the next few quarters.
Home Value Estimator For New Springfield, OH
There are currently 562 real estate properties
in New Springfield, OH,
with a median automated valuation model (AVM) price
of $215,341.00. 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 $255,229.00, with the most expensive house
in New Springfield, OH, topping out
at $4,729,032.00 and the cheapest home
in New Springfield, OH,
clocking in at $12,289.00. 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 $1,072.00. 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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