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Featured local agent — New Middletown, OH
Sarah Mitchell
Compass Real Estate · New Middletown, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Middletown, OH Housing Market
The typical home in New Middletown, OH is worth $247,246, rose 4.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $222,500 (through May 2026). With 1.3 months of supply and homes going under contract in about 82 days, New Middletown is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $247,246 home is about $1,320/mo in principal and interest.
Key numbers for New Middletown, OH
Typical home value
$247,246
+4.8% in 12 months
Zillow, August 2026
Median sale price
$222,500
Last published period
Redfin, through April 2026
Days on market
82
Slow-moving
Redfin, through April 2026
Active listings
5
1.3 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$50,833
Home costs 4.9x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.5%
Selling below asking
Redfin, through April 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is New Middletown a buyer's or seller's market?
New Middletown, OH is a seller's market, based on 1.3 months of supply and homes selling in about 82 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the New Middletown housing market data show?
Every row below is Redfin's final published month for New Middletown, OH. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $222,500 |
| Median list price | $255,000 |
| Median price per sq ft | $191/sq ft |
| Median days on market | 82 days |
| Active inventory | 5 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 98.5% |
| Homes sold (that month) | 4 |
| New listings (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for New Middletown is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in New Middletown is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have New Middletown home prices moved?
Over the last three years the median sale price in New Middletown, OH rose 10.7%, from $201,000 to $222,500. The live Zillow value series has rose 4.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 1.3 months while the sale-to-list ratio slips below its current 98.5%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in New Middletown?
Priced off the typical home value of $247,246 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $49,449 | $197,796 | $1,320/mo |
| 5% | $12,362 | $234,883 | $1,567/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,320, that implies roughly $56,569 a year before you add taxes and insurance. The median household in New Middletown earns $50,833, about $5,736 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.9x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in New Middletown in the next 12 months?
Tell us your timeline. We send the New Middletown market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in New Middletown?
Zillow does not publish a rent index (ZORI) for New Middletown, OH, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in New Middletown?
Active listings in New Middletown, OH went from 5 in October 2024 to 5 in April 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| December 2024 | 4 | not published |
| January 2025 | 4 | 1 |
| February 2025 | 4 | 1 |
| March 2025 | 3 | not published |
| May 2025 | 3 | 1 |
| June 2025 | 3 | not published |
| August 2025 | 6 | 2 |
| September 2025 | 5 | not published |
| October 2025 | 4 | not published |
| November 2025 | 3 | 1 |
| February 2026 | 7 | 3 |
| April 2026 | 5 | 1 |
Redfin, through April 2026
How does New Middletown compare to Ohio and the U.S.?
New Middletown homes sell for $222,500 — 21% below the Ohio median of $282,600. Against the national median of $410,700, New Middletown runs 46% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| New Middletown, OH | $222,500 | not published | 82 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in New Middletown
What buyers should watch
- Months of supply, currently 1.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $247 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $247,246 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median New Middletown listing goes under contract in 82 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month New Middletown added 1 new listings against 4 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +4.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside New Middletown varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in New Middletown
There are currently 5 homes listed for sale in New Middletown, Ohio. The median listing price is $255K.
Active listings
5
Homes on market
Median list price
$255K
Avg. days on market
82
Days until sale
New this week
1
Newly listed
How much do homes cost in New Middletown by property type?
How the New Middletown, OH market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $200,000 | $211/sq ft | 3 | 45 days |
| Condo / co-op | $245,000 | $171/sq ft | 1 | 339 days |
Who lives in New Middletown?
American Community Survey estimates for New Middletown. U.S. Census ACS, 2023
Population
1,632
Households
756
Median income
$50,833/yr
Median age
51.3 years
Owner-occupied
74.5%
Median home value
$162,000
Median gross rent
$702/mo
Mean commute
21 min
74.5% of occupied homes in New Middletown are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $162,000 against Zillow's $247,246 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve New Middletown?
3 schools tracked · 895 students
The largest public schools serving New Middletown, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Springfield Elementary School
Grades K-4 · 376 students
Springfield Intermediate Middle School
Grades 5-8 · 271 students
Springfield High School
Grades 9-12 · 248 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Middletown, OH?
Ordered by distance from New Middletown, not by size. Compare New Middletown side by side with any of them.
New Middletown housing market FAQ
Is New Middletown a buyer's or seller's market?
New Middletown, OH is currently a seller's market. That read comes from 1.3 months of supply, homes going under contract in about 82 days, and sellers getting 98.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in New Middletown?
The typical home in New Middletown, OH is worth $247,246 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $222,500, about $191 per square foot.
Is New Middletown cheaper than the rest of Ohio?
New Middletown's median sale price of $222,500 is 21% lower than the Ohio statewide median of $282,600, and 46% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in New Middletown?
Homes in New Middletown, OH spent a median of 82 days on market before going under contract, versus 36 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in New Middletown?
At the current 30-year fixed rate of 7.03%, 20% down on a $247,246 home is about $1,320 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $56,569 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $50,833.
Are home prices rising in New Middletown?
The typical home value in New Middletown, OH rose 4.8% over the last 12 months, from $236,015 to $247,246 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in New Middletown?
New Middletown ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in New Middletown?
That depends on your timeline, not on a headline. What the data says today: New Middletown, OH is a seller's market with 1.3 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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