Foreclosure Homes in New Richmond, OH

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New Richmond, OH Foreclosures

How much do homes sell for in New Richmond, OH?
The average home price is currently $286,021.
In New Richmond, OH, how many homes are available?
There are currently 3,115 active home listings available in New Richmond.
What’s the average rental cost in New Richmond, OH?
The average rental price in New Richmond is $1,406.
What is the most expensive home in New Richmond, Ohio?
The most expensive home sold in New Richmond had a price of $1,836,231.
What is currently the cheapest priced home in New Richmond, OH?
The cheapest home for sale in New Richmond is priced at $16,790.

Home Value Estimator For New Richmond, OH

There are currently 3,115 real estate properties in New Richmond, OH, with a median automated valuation model (AVM) price of $246,441.00. 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 Richmond, 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 Richmond, OH, is $286,021.00, with the most expensive house in New Richmond, OH, topping out at $1,836,231.00 and the cheapest home in New Richmond, OH, clocking in at $16,790.00. In other words, there’s something for every potential homebuyer or savvy investor in New Richmond, OH!

Rent Prices In New Richmond, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Richmond, OH, is on a rollercoaster ride. The average rent price in New Richmond, OH, is $1,406.00. Indeed, when looking to rent in New Richmond, OH, you can expect to pay as little as $520.00 or as much as $3,240.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in New Richmond, 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.

Top Reasons To Live In New Richmond, OH In 2024

New Richmond is located in Clermont, Ohio, with an estimated municipal population of 2,698 residents. All of the best foreclosed homes for sale in New Richmond are located in the following zip code areas on 45157. The estimated population per square kilometer (.62 miles) in New Richmond is 303.

Cost Of Living In New Richmond, OH

So, about how much do homes cost in New Richmond? The most recent median value of resident-owned homes in New Richmond is 160,003. An estimated 57 percent of households in New Richmond own their homes, with an average family size of 3.05. The median household income in New Richmond is 62,569, with25 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Richmond, the median commute time of resident workers (in minutes) is 29.7. And last, but certainly not least, are you looking for homes to rent in New Richmond? If so, the average rent price paid by renters in New Richmond is 702, according to recent statistics.

Diversity And Demographics In New Richmond, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to New Richmond, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in New Richmond is 37.2, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in New Richmond is 56.2, with an average family size of 3.05.

The percentage of residents who report their race in New Richmond is as follows:

White 93%
Black / African American 2.4%
Asian 0.2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.8%
Other 0.6%

Looking for family-friendly neighborhoods in and/or near New Richmond? Or maybe you are searching for 55+ active adult communities in and/or near New Richmond?

The percentage of residents who report their age in New Richmond is as follows:

Under 10 13.3%
Aged 10-19 14%
20s 10%
30s 17.9%
40s 8.6%
50s 16.9%
60s 10.9%
70s 5.2%
80+ 3.1%

Best Schools In New Richmond, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in New Richmond with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Richmond.

Pros And Cons Of Living In New Richmond, Ohio

How do you know that living in -- or moving to -- New Richmond is right where you need to be? Perhaps you grew up in New Richmond or already live nearby; therefore, the decision to buy a home in New Richmond is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Richmond for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in New Richmond:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like New Richmond.

Reasons To Move To New Richmond, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in New Richmond can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in New Richmond, meanwhile, can field multiple offers from more qualified buyers.

New Richmond, OH Foreclosures


Listing types in New Richmond, OH

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