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Featured local agent — New Richmond, OH
Sarah Mitchell
Compass Real Estate · New Richmond, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Richmond, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$332,500median sale price
How is the New Richmond, OH housing market right now?
The median home sale price in New Richmond, OH is $332,500, up 10.8% year-over-year. Homes sell in an average of 46 days with 20 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Richmond a buyer's or seller's market?
New Richmond, OH is currently a balanced market, based on 3.3 months of supply and homes selling in about 46 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
46
Average pace
Active listings
20
3.3 months supply
Sale-to-list
99.8%
Below asking
What does the New Richmond housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $332,500 |
| Median list price | $339,900 |
| Year-over-year price change | +10.8% |
| Average days on market | 46 days |
| Active inventory | 20 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $172/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 9 |
| Listings with a price cut | 15.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in New Richmond by property type?
How the New Richmond, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $332,500 | $172/sq ft | 6 | 46 days |
Source: Redfin · Updated monthly
The New Richmond housing market is currently classified as a balanced market with a median sale price of $332,500. Prices have risen 10.8% compared to last year, with homes spending an average of 46 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in New Richmond
There are currently 20 homes listed for sale in New Richmond, Ohio. The median listing price is $340K.
Active listings
20
Homes on market
Median list price
$340K
Avg. days on market
46
Days until sale
New this week
9
Newly listed
Who lives in New Richmond?
Population
2,750
Median income
$79,195/yr
Median age
36.1 years
Owner-occupied
67.2%
College grads
21.7%
Avg commute
26.5 min
Source: U.S. Census Bureau ACS
What are homes worth in New Richmond?
Zillow home value
$315,477
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in New Richmond?
New Richmond is a community of approximately 3K residents with a median age of 36.1 years.The median household income is $79,195, which reflects a relatively affluent area with strong earning potential. 21.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Richmond offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Richmond?
3 schools tracked · 1,643 students
The largest public schools serving New Richmond, 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.
New Richmond High School
Grades 9-12 · 587 students
Monroe Elementary School
Grades PK-5 · 566 students
New Richmond Middle School
Grades 6-8 · 490 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 Richmond, OH?
Want a head-to-head view? Compare New Richmond side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Richmond?
The median home sale price in New Richmond is $332,500, up 10.8% from last year.
How long do homes stay on market in New Richmond?
Homes typically spend 46 days on market before going under contract.
What is the median income in New Richmond?
The median household income is $79,195 per year.
Is New Richmond a buyer's or seller's market?
With 3.3 months of supply, New Richmond is currently a balanced market.
What is the Zillow home value estimate for New Richmond?
The Zillow Home Value Index (ZHVI) for New Richmond is $315,477, representing the typical home value in the area.
How much does a single-family home cost in New Richmond?
The median single-family home price in New Richmond, OH is $332,500 (about $172 per square foot).
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